BONK is trading at $0.00002566, up by 8.60% over the last 24 hours.
BONK successfully breached the resistance level of $0.00002324, and it may soon test its next major resistance at $0.00003391.
BONK continues to gain attention in the crypto market, becoming a leader in the memecoin space due to its community-driven nature and association with Solana’s high-performance blockchain.
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BONK Crypto Price Analysis
- Market Cap: $1.817 billion
- 24h Trading Volume: $481.5 million
- Circulating Supply: 65.8 trillion BONK
- Total Supply: 93.5 trillion BONK
The price has broken the descending channel after the consolidation of the channel. Currently, it is showing bullish strength. Soon, we will see good gains in it. 🚀
Weekly Price Performance
BONK has seen a robust rally over the past week, gaining over 56% after bouncing back from a low of $0.00001676 on 23 September 2024.
- 7-Day Change: +56%
- Week Open Price (23 Sept): $0.00001676
- High of the Week: $0.00002622
Technical Indicators
Key technical indicators show that BONK may continue its upward trend in the near future:
- Relative Strength Index (RSI): BONK’s RSI stands at 62.5.
- Moving Average Convergence Divergence (MACD): The MACD for BONK shows a bullish crossover, with a value of 0.00000165.
- Bollinger Bands: BONK’s price is moving close to the upper Bollinger Band.
News Roundup
- Onyx Set to Relaunch After $3.8 Million Hack, Backed by Community Vote
- Taiwan Approves Crypto ETFs for Professional Investors
- UK Man Pleads Guilty to Operating Illegal Crypto ATM Network
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