CandleFocus Is $0.00010 Within Reach for BONK After 221% Surge Pushes It Into the Top 30?
2024-11-20
Author: Content Editor
The meme coin BONK has experienced a bullish trend and reached a new all-time high. Its market cap has increased to $4.17 billion, with a 71% increase over the past week. BONK has entered the top 30 cryptocurrencies and is showing positive price action. Technical analysis indicates that the coin's rally has been strong and it has surpassed Fibonacci levels, suggesting further upside potential. The ADX line and exponential moving averages indicate strong momentum and bullish sentiment. A whale investor with previous success in meme coins has now invested in BONK, increasing confidence in its potential for further gains. The meme coin's uptrend may reach the $0.000080 level and even the $0.00010 psychological mark. On the downside, it could find support at $0.000050.
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