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The Bonk value has surged 14% within the final 24 hours to commerce at $$0.00002603 as of 6:50 a.m. EST on a 32% surge in buying and selling quantity to $465 million.
Bonk has soared 75% within the final two weeks and has skyrocketed 148% thus far this 12 months.
Bonk Worth Rebounds On A Head And Shoulders Sample
Bonk value took a downturn after hitting resistance at $0.00004291. Regardless of consumers’ efforts to boost the worth, sellers stored pushing it down, reaching the help zone at $0.00001477. Nonetheless, the bulls have taken management as soon as extra because the wrestle results in the formation of a head-and-shoulders sample, which signifies a bullish development reversal.
BONKUSDT Evaluation By Tradingview
Bonk is buying and selling above the 50 Easy Shifting Common (SMA), which is a degree the place its value tends to seek out help. Additionally, the head-and-shoulders sample is making Bonk’s value stand out much more.
If the upward development breaks previous the neckline, it’d inspire extra consumers to push the worth up past the 200 SMA, probably reaching the excessive it hit on March fifth at $0.00004365.
The Relative Power Index (RSI) has been on a gradual uptrend from the 30 oversold degree, culminating to a pointy spike above the 50 midline degree to 58. Extra shopping for strain might see the RSI leap within the overbought area.
BONK Worth Indicators A Bullish Development Continuation Above the Head And Shoulders
Regardless of the brief pullback Bonk value bulls point out resilience regrouping on the $0.00001357 help zone, driving the worth upwards. Moreover, the RSI helps the momentum, serving to the bulls push the worth upwards as they purpose to reclaim March 29 at $0.00002937
Nonetheless, the bears would possibly benefit from the neckline to drive the worth downwards in a corrective state. This might pressure the bulls to retreat to the help zone at $0.00001930 beneath the 50 SMA.
In the meantime, Sealana, the recent new crypto within the Solana ecosystem, is making waves after elevating $154k in simply two days since its presale launched.
New Solana Meme Coin Presale Nears $200k
Sealana is a cheeky seal who’s bursting out of his mother’s basement like a real hero! He’s all about having fun with burgers, dreaming of Lambos, and, in fact, scoring huge within the crypto world. Together with his daring persona, he’s defying expectations and reaching for the celebs.
Sealana’s mascot takes inspiration from the favored South Park character Gamer Man, also referred to as Fats Laptop Nerd from the World of Warcraft episode. Now, Sealana is relying on that very same viral appeal to attract in traders.
Crypto ZEUS, an analyst and YouTuber, believes within the potential of enjoyable meme cash like Sealana to surge 100X after launch.
SEAL is a ”ship SOL” presale with no timer, phases, onerous cap, or perhaps a whitepaper. It could thus shut at any time, which signifies that for traders the most effective time to purchase is now.
Seize your Sealana tokens right here! For each 1 SOL, you snag 6,900 SEAL tokens in an airdrop when the ICO wraps up.
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