Bitcoin

Dogecoin

Memetic / PepeCoin

Shiba Inu

Bonk

<p><strong>BONK’s price has recently surged by 8% over 48 hours after bouncing off a crucial support level. This uptick in price indicates positive short-term momentum. However, caution is advised due to the rising wedge pattern that BONK has been forming. This technical pattern often precedes a breakout, but it also suggests potential volatility.</strong></p><h3 id="a-href-https-playaigames-online-pre-sale-rel-noopener-noreferrer-nofollow-30x-expected-profit-from-aig-token-ai-games-has-launched-its-native-token-aig-1-aig-token-price-is-0-01-exchange-lsiting-price-0-27-to-0-30-don-t-miss-this-opportunity-join-the-pre-sale-at-the-official-website-playaigames-online-a"><a href="https://playaigames.online/pre-sale/" rel="noopener noreferrer nofollow">30X Expected Profit from AIG Token: AI Games has launched its native token (AIG). 1 AIG Token Price Is $0.01 Exchange Lsiting Price $0.27 To $0.30, Don’t miss this opportunity;  join the pre-sale at the official website [ PlayAiGames.Online ]</a></h3><p>At present, BONK is trading at $0.00002906, reflecting an 8% increase from its recent support level of $0.00002823, following a brief dip. The next significant resistance level to monitor is $0.00003592, which could be a critical point for further price movement.</p><h3 id="bonk-price-testing-key-level-and-market-dynamics">BONK Price Testing Key Level and Market Dynamics</h3><p>BONK is currently testing a crucial level of $0.00002940, which previously acted as a strong resistance zone but was recently broken on July 19. A breakout above this level could signal a bullish rally towards the next resistance at $0.00003592.</p><h3 id="a-href-https-playaigames-online-pre-sale-rel-noopener-noreferrer-nofollow-30x-expected-profit-from-aig-token-ai-games-has-launched-its-native-token-aig-1-aig-token-price-is-0-01-exchange-lsiting-price-0-27-to-0-30-don-t-miss-this-opportunity-join-the-pre-sale-at-the-official-website-playaigames-online-a"><a href="https://playaigames.online/pre-sale/" rel="noopener noreferrer nofollow">30X Expected Profit from AIG Token: AI Games has launched its native token (AIG). 1 AIG Token Price Is $0.01 Exchange Lsiting Price $0.27 To $0.30, Don’t miss this opportunity; join the pre-sale at the official website [ PlayAiGames.Online ]</a></h3><p><img src="https://academy-public.coinmarketcap.com/optimized-uploads/6f3980c43b254474acb046d510ce4844.png" /></p><p>Source: Tradingview</p><p>Analysis of the Bitmex liquidation heatmap, based on Coinglass data, reveals that most trading liquidations are concentrated around these price levels. This suggests that many investors have set their stop-loss orders here, which could increase market volatility.</p><p>The recent increase in BONK liquidations, particularly in short positions, might have contributed to the recent upward price movement. Additionally, open interest-weighted funding rate data shows significant volatility over the past two months.</p><h3 id="a-href-https-playaigames-online-pre-sale-rel-noopener-noreferrer-nofollow-30x-expected-profit-from-aig-token-ai-games-has-launched-its-native-token-aig-1-aig-token-price-is-0-01-exchange-lsiting-price-0-27-to-0-30-don-t-miss-this-opportunity-join-the-pre-sale-at-the-official-website-playaigames-online-a"><a href="https://playaigames.online/pre-sale/" rel="noopener noreferrer nofollow">30X Expected Profit from AIG Token: AI Games has launched its native token (AIG). 1 AIG Token Price Is $0.01 Exchange Lsiting Price $0.27 To $0.30, Don’t miss this opportunity; join the pre-sale at the official website [ PlayAiGames.Online ]</a></h3><p><img src="https://academy-public.coinmarketcap.com/optimized-uploads/4be6e09204ba4239bf263632665a4317.jpeg" /></p><p>Source: Coinglass</p><p>Currently, the funding rate is at a neutral equilibrium level of zero, indicating a balanced market sentiment in terms of funding rates.</p><h3 id="bonk-s-price-at-a-critical-juncture-technical-outlook-and-potential-breakout">BONK’s Price at a Critical Juncture: Technical Outlook and Potential Breakout</h3><p>BONK’s price is currently at a critical point, with the rising wedge pattern serving as a bearish indicator that often signals a potential downward breakout. However, this bearish pattern may be invalidated if BONK manages to break above the rising wedge’s resistance level, which could lead to a bullish breakout instead.</p><h3 id="a-href-https-playaigames-online-pre-sale-rel-noopener-noreferrer-nofollow-30x-expected-profit-from-aig-token-ai-games-has-launched-its-native-token-aig-1-aig-token-price-is-0-01-exchange-lsiting-price-0-27-to-0-30-don-t-miss-this-opportunity-join-the-pre-sale-at-the-official-website-playaigames-online-a"><a href="https://playaigames.online/pre-sale/" rel="noopener noreferrer nofollow">30X Expected Profit from AIG Token: AI Games has launched its native token (AIG). 1 AIG Token Price Is $0.01 Exchange Lsiting Price $0.27 To $0.30, Don’t miss this opportunity; join the pre-sale at the official website [ PlayAiGames.Online ]</a></h3><p>The recent sharp 8% increase from support levels highlights strong short-term buying pressure. This surge suggests that there could be significant upward momentum if BONK surpasses the key resistance level of the rising wedge.</p><p><strong>Important:</strong> Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.</p><p><strong>#BONK </strong> <strong>#Memecoins </strong> <strong>#BitcoinConference2024 </strong> <strong>#Solana </strong> <strong>#Bitcoin </strong> $BONK  $BTC  $XRP</p>

Will BONK’s Price Surge Continue This Week?

Innehållsförteckning

CryptosHeadlines.com

Andra artiklar publicerade 28 juli 2024

Crypto Rug Pulls: How Much Has Been Lost? Billions Vanish in Decentralized Finance Scams

XRP Prediction for July 28

Trump Speech Causes Bitcoin Turbulence

Trump Outlines Bold Crypto Vision at Bitcoin Conference 2024

Solana Crypto Surge: How Did Solana Take Over BNB?

This Financial Service Company Introduces a $2 Billion Bitcoin Lending Program

Prenumerera på vårt nyhetsbrev och få kryptouppdateringar varje dag!