CandleFocus PONKE’s 32% Crash in 24 Hours—Why It’s Not a Bearish Sign
2024-11-05
Author: Content Editor
The cryptocurrency PONKE recently experienced a significant drop in price, halting its attempt to reach a new all-time high. However, the altcoin is showing signs of resilience and the Ichimoku Cloud indicator suggests a bullish outcome for PONKE, indicating potential for further gains. Transaction volume has also increased, indicating buying interest. If PONKE can establish $0.503 as a support level, it may target a new all-time high. However, if it fails to do so, the asset could enter a period of consolidation or even experience a further drop in price.
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