Bonk Price Prediction as BONK Pumps Up 30% in 7 Days – $1 BONK Possible?

Bonk Price Prediction as BONK Pumps Up 30% in 7 Days – $1 BONK Possible?

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February 11, 2024 05:36 EST
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Bonk Price Prediction

Bonk rate forecast stays bullish as BONK’s worth rises by 30%in simply a week, triggering conversations about the capacity for it to reach the $1 mark.

In the middle of the dynamic landscape of digital currencies, BONK identifies itself with a noteworthy boost of almost 4% in the previous 24 hours, placing it at the # 78 rank according to CoinMarketCap

With a live market cap nearing $842.9 million and a distributing supply that overshadows lots of, the trajectory of BONK’s worth is under eager observation.

As this crypto possession continues to make waves, Smog becomes another interesting alternative for financiers looking for variety in their digital portfolios, emerging as a notable alternative in the middle of the marketplace’s changes.

Bonk Price Prediction

Taking a look at the 4-hour chart, we identify a pivot point at $0.0000138. BONK deals with instant resistance at $0.0000148, with subsequent difficulties at $0.0000157 and $0.0000169.

Alternatively, assistance levels are developed at $0.0000128, $0.0000116, and $0.0000097, supplying a structure for possible cost motions.

The Relative Strength Index (RSI) stands at 76, bordering on the overbought area however a sign of strong purchasing pressure.

The 50-Day Exponential Moving Average (EMA) tracks at $0.0000109, even more verifying a bullish undertone in the existing market pattern.

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Bonk Price Technical Analysis– Source: Tradingview

Chart analysis exposes BONK’s effective 50% Fibonacci retracement at $0.0000138. Needs to BONK sustain a bullish crossover above this point, it’s poised to target the 61.8% Fibonacci retracement level at roughly $0.0000148, signifying prospective upward momentum.

In conclusion, the technical landscape for BONK is primarily bullish, especially if the property keeps above the crucial $0.0000138 level.

Short-term projections recommend BONK might evaluate its instant resistance levels in the future, backed by robust trading volume and technical indications.

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$SMOG tokenomics is setting the phase for what’s being hailed as the most significant airdrop ever, distinctively dispersed on the Solana blockchain. With 50% of its supply allocated for marketing efforts and 35% committed to rewarding its neighborhood through an extraordinary airdrop, $SMOG is producing palpable enjoyment.

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The roadmap marks a fascinating journey, beginning with fundamental actions like site advancement and token release, to enthusiastic objectives like accomplishing social supremacy and crowning itself as the SOL King.

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Do not lose out, purchase or stake $SMOG, and prepare to start a journey that guarantees not simply benefits however a possibility to be at the leading edge of cryptocurrency development.

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