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$BONK is a digital asset with a market cap of $1.3B. Its value ranges according to the global cryptocurrency market ranking 60 and with an average daily trading volume of $163.8M. Its current price is $0.00 and in the last 24 hours the price has changed -3.343%. The current available supply of these coins is estimated at 69,474,461,693,559. BONK coin traders rely on many indicators and technical analyses to know the future price expectations. While following all indicators is necessary to assess an accurate price forecast that matches the market trend, this does not prevent the existence of more valuable fundamental indicators. Knowing the support and resistance levels of Bonk gives traders a clear view of the supply and demand situation and also helps them identify reversals in trends.
In addition, chart patterns are widely used by traders to form trend lines that help predict the next candlestick movement.
Various indicators such as RSI, moving averages and MACD can be used to determine the direction of the long-term trend and attempt to predict future price action.
