The cryptocurrency trader and analyst KALEO on X revealed today that he purchased Bonk (BONK) when the cryptocurrency was approaching a resistance level. Traders often avoid purchasing a cryptocurrency at a high, but the trader’s exception with BONK seems to have worked out. At p...
- KALEO revealed in an X post today that he purchased BONK while it was testing resistance.
- The trader benefited from the decision as BONK’s price jumped more than 65% over the past 24 hours.
- At press time, the RSI indicator on BONK’s daily chart showed that the altcoin was in overbought territory.
The cryptocurrency trader and analyst KALEO on X revealed today that he purchased Bonk (BONK) when the cryptocurrency was approaching a resistance level. Traders often avoid purchasing a cryptocurrency at a high, but the trader’s exception with BONK seems to have worked out.
At press time, CoinMarketCap indicated that the altcoin’s price surged more than 65% over the past 24 hours. This substantial gain also pushed BONK’s weekly performance deeper into the green zone to over 132.42%. Overall, the cryptocurrency was changing hands at $0.000001841.
Along with the strong price movement, BONK also recorded a 34.50% increase in its daily trading volume. Subsequently, the altcoin’s 24-hour trading volume stood at $48,136,1…
The post BONK’s Price Jumps Over 65% In 24H, Rewards Trader’s Bold Decision appeared first on Coin Edition.