{"id":465556,"date":"2023-12-14T14:49:30","date_gmt":"2023-12-14T14:49:30","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=465556"},"modified":"2023-12-14T14:49:30","modified_gmt":"2023-12-14T14:49:30","slug":"bonk-price-prediction-unstoppable-bonk-keeps-on-pumping-with-another-43-surge-as-this-new-meme-coin-challenger-moves-to-within-a-whisker-of-3-million","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/bonk-price-prediction-unstoppable-bonk-keeps-on-pumping-with-another-43-surge-as-this-new-meme-coin-challenger-moves-to-within-a-whisker-of-3-million","title":{"rendered":"Bonk Price Prediction: Unstoppable BONK Keeps On Pumping With Another 43% Surge As This New Meme Coin Challenger Moves To Within A Whisker Of $3 Million"},"content":{"rendered":"

The <\/span>Bonk<\/span><\/a> price surged more than 43% over the past 24 hours to trade at $0.00001464 as of 8:30 a.m. EST as investors attempt to push the altcoin’s price to new heights. <\/span><\/p>\n

The Bonk Price May Continue Its Climb As Buyers Step Back In<\/span><\/h2>\n

\"TradingView<\/p>\n

Daily chart for BONK\/USDT (Source: <\/span>TradingView<\/span><\/a>)<\/span><\/p>\n

BONK was able to break above the strong resistance level at $0.0000149068 earlier in today’s trading session. <\/span><\/p>\n

Bears, however, were quick to act and force the Bonk price back down to below the significant price point. Should the meme coin close today’s trading session above this mark, it may have the foundation needed to continue rising in the next few days.<\/span><\/p>\n

This bullish thesis could be invalidated if the cryptocurrency closes today’s daily candle below $0.0000149068. In this bearish scenario, the Bonk price may stand the risk of undergoing a correction to the immediate support level at $0.0000089940. <\/span><\/p>\n

T<\/span>raders and investors will want to keep a close eye on this level, as it also coincides with a medium-term positive trend line. As such, a break below this support may lead to BONK falling all the way down to $0.0000046040 in the short term.<\/span><\/p>\n

Bonk Price Likely To Rise As Technicals Align<\/span><\/h2>\n

Technical indicators on BONK’s daily chart suggested a bullish scenario is more likely to play out in the next 48 hours. Not only was the Moving Average Convergence Divergence (MACD) flagging bullish, the Relative Strength Index (RSI) also triggered a bullish technical flag recently.<\/span><\/p>\n

Throughout the past 24 hours, the daily RSI line crossed above the daily RSI Simple Moving Average (SMA) line. This major technical flag indicates that buyers have gained the upper hand against sellers on BONK’s chart. Should bulls maintain their strength in the next 24 hours, they may start driving the Bonk price to new heights.<\/span><\/p>\n

The MACD line positioned above the MACD Signal line also suggests a short-term continuation of the meme coin’s positive trend. If these technical flags are validated, the Bonk price may surpass the $0.0000149068 barrier in the next couple of days.<\/span><\/p>\n

As BONK looks set to continue its impressive performance, investors may want to take a look at <\/span>Meme Kombat<\/span><\/a>. This promising meme-inspired project is attracting investors from all over the globe, and has the potential to become the next big project in the meme coin space.<\/span><\/p>\n

A Meme Coin That Is Ready To Skyrocket<\/span>
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Just sliding past $2.8 million💪<\/p>\n

Good start to the week! pic.twitter.com\/1OJfgQzWxr<\/a><\/p>\n

— Meme Kombat (@Meme_Kombat) December 11, 2023<\/a><\/p><\/blockquote>\n