DogeBonk

<ul><li>Bonk (BONK) dropped 24% in 48 hours amid high trading volume, showing signs of consolidation.</li><li>RSI at 42.88 indicates bearish momentum, nearing oversold conditions and potential for further consolidation.</li><li>MACD crossover on the 4-hour chart suggests a possible shift from bearish to bullish momentum.</li></ul>In the past 48 hours, Bonk (BONK) experienced a sharp short-term surge followed by a significant drop of over 24%. This volatile price movement has been driven by high trading volume as investors sought to capitalize on the recent dip.Despite a recovery from a critical support level, BONK has declined again in the last 24 hours. Today, Bonk’s price stands at <a href="https://www.coingecko.com/en/coins/bonk" rel="noopener noreferrer nofollow">$0.00001998</a>, with a 24-hour trading volume of $348,257,937, reflecting a -5.01% decline in the last day and a -15.58% decline over the past week.The <a href="https://www.tradingview.com/x/Gh9yGsQH/" rel="noopener noreferrer nofollow">daily chart</a> presents several key indicators of Bonk’s current market performance. The Relative Strength Index (RSI) is currently at 42.88, which is below the 50 mark, indicating ongoing bearish momentum.<a href="https://cryptotale.org/bonk-price-drops-24-in-48-hours-rebound-coming/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Bonk price drops 24% in 48 hours: Rebound Coming?

CryptoTale

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