Solana’s BONK Targets 77% Corrective Move After Retrace To 200 EMA
BONK’s price action has been back and forth in May, and the cryptocurrency is now essentially back where it started the month. Recent price action reveals that the token is attempting to stabilize at around the 200 EMA after being rejected by the local high near the 0.00002581 level. This rejection led to a measured…
BONK Symmetrical Triangle Squeeze: Is A Mega Breakout Imminent?
Bonk (BONK), one of the more energetic players in the meme coin space, is showing signs of a potentially explosive move as it coils tighter within a symmetrical triangle pattern. This classic chart formation, characterized by converging trendlines of lower highs and higher lows, often acts as a pressure booster for price action — the…
BONK Flashes Buy Signal After Crashing 40% In One Week – Time To Get In?
Popular Solana-based meme coin BONK has just flashed a major buy signal following a dramatic 40% price crash over the past week. The TD Sequential indicator, a technical tool for identifying trend exhaustion and price reversals, suggests that the meme coin may be gearing up for a strong rebound to new highs. This could be…
Meme Coin BONK Faces Price Correction: Can Bulls Regain Control?
BONK, the vibrant meme coin, is encountering a price correction after a strong bullish run, raising questions about the future of its uptrend. While natural after a surge, the pullback has prompted speculation on whether bulls can regain control and steer the coin back toward its recent highs. Despite the dip, BONK still shows signs…
BONK Struggles To Sustain Gains As Selling Pressure Mounts
BONK finds itself under increasing selling pressure as its recent rally falters, raising concerns about the token’s ability to sustain its upward momentum. Struggling to maintain its gains, the price has started a fresh drop toward the $0.00002962 key support level, indicating a possible bearish continuation. This pivotal zone is under scrutiny as a failure…
BONK Finds Stability At $0.00004002, Can Bulls Spark A Comeback?
Recent trading activity indicates that BONK is maintaining stability at the critical $0.00004002 support level. This stabilization comes after a period of downward pressure, raising speculations of a rebound on the horizon. With bulls showing signs of resilience, the stage is set for a comeback that could redefine BONK’s near-term trajectory. Will this level be the…
Upbit Listing Sends BONK Skyrocketing 67% For A Fresh ATH In Memecoin Mania
BONK, the Solana-based meme coin, has been making headlines with its extraordinary performance since listing on the largest South Korean cryptocurrency platform, Upbit. Upon listing, this solid upward trend catapulted BONK to its all-time high, raising its market capitalization to an impressive $4.2 billion. The trading volume of the token increased by 77%, indicating significant…
BONK Jumps 20% As ‘Dog Season’ Starts, Analyst Says
As communities of the crypto space increase so does the amount of ludicrosity that comes with it, as meme coins are now starting to shine and seemingly trying to change the digital currency landscape. On the spotlight today is the meme coin BONK. If the meme coin breaks $0.000041 in October, it will have already…