Currencies36825
Market Cap$ 2.38T-2.03%
24h Spot Volume$ 46.18B+2.60%
DominanceBTC56.08%+0.16%ETH9.89%-0.13%
ETH Gas0.04 Gwei
Cryptorank
/

BONK Targets 100% Rally After Neckline Retest Begins


by Olivia Stephanie
for CryptoPotato
BONK Targets 100% Rally After Neckline Retest Begins

Share:

TL;DR

  • BONK retests neckline support after breakout, holding near flag resistance and possible breakout zone.
  • Open Interest drops from $73M to $29M, showing traders remain cautious despite a bullish setup.
  • Price trades above 200-day average as RSI stays neutral, signaling balanced momentum on the chart.

Breakout Retest at Neckline Level

Bonk (BONK) is trading near a key technical level after completing an inverse head and shoulders pattern on the daily chart. The neckline of the pattern, located around $0.00002, was broken earlier this month. The token is now retesting this level, which may act as support if buyers step in.

Read the article at CryptoPotato

In This News

Coins

$ 0.000207

$ 0.0776

$ 0.000161


Share:

In This News

Coins

$ 0.000207

$ 0.0776

$ 0.000161


Share:

Read More

‘Choose Your Pain, XRP Investors’: Analyst Maps Out 2 Paths for Ripple’s Price

‘Choose Your Pain, XRP Investors’: Analyst Maps Out 2 Paths for Ripple’s Price

Where will XRP find a bottom and how high it would go in a subsequent bull market?
BTC’s Price Dumps Every Time This Whale Deposits: And It Just Happened Again

BTC’s Price Dumps Every Time This Whale Deposits: And It Just Happened Again

Bitcoin slipped 3% the last time this whale made a substantial deposit, is another de...

BONK Targets 100% Rally After Neckline Retest Begins


by Olivia Stephanie
for CryptoPotato
BONK Targets 100% Rally After Neckline Retest Begins

Share:

TL;DR

  • BONK retests neckline support after breakout, holding near flag resistance and possible breakout zone.
  • Open Interest drops from $73M to $29M, showing traders remain cautious despite a bullish setup.
  • Price trades above 200-day average as RSI stays neutral, signaling balanced momentum on the chart.

Breakout Retest at Neckline Level

Bonk (BONK) is trading near a key technical level after completing an inverse head and shoulders pattern on the daily chart. The neckline of the pattern, located around $0.00002, was broken earlier this month. The token is now retesting this level, which may act as support if buyers step in.

Read the article at CryptoPotato

In This News

Coins

$ 0.000207

$ 0.0776

$ 0.000161


Share:

In This News

Coins

$ 0.000207

$ 0.0776

$ 0.000161


Share:

Read More

‘Choose Your Pain, XRP Investors’: Analyst Maps Out 2 Paths for Ripple’s Price

‘Choose Your Pain, XRP Investors’: Analyst Maps Out 2 Paths for Ripple’s Price

Where will XRP find a bottom and how high it would go in a subsequent bull market?
BTC’s Price Dumps Every Time This Whale Deposits: And It Just Happened Again

BTC’s Price Dumps Every Time This Whale Deposits: And It Just Happened Again

Bitcoin slipped 3% the last time this whale made a substantial deposit, is another de...