Like a good meme coin, Bonk is a humorous project aimed at enthusiasts of the Solana ecosystem. It is important to highlight that Bonk is a meme currency, a type of joke, and that it can have high volatility up and down. Therefore, it is important to be aware of the risks of this type of investment. #bonk #BinanceSquareFamily #Binance
$BONK has been moving within an ascending channel, indicating sustained bullish momentum. This channel acts as a guide to the current trend, showing higher highs and higher lows.
Resistance Levels: The main resistance levels are identified at 0.00004400 and 0.00004800. Breaking these levels will be crucial for BONK to reach the 0.00006000 target.
Support Levels: Support levels are set at 0.00003200 and 0.00002800. These levels provide a safety net for potential pullbacks, ensuring that the overall uptrend remains intact.
Projected Trajectory: The projected trajectory suggests that BONK will continue its rise within the channel, facing some small corrections before finally reaching the 0.00006000 mark. #Binance #BonkCommunity #BONKCoinGrowth #cripytometal
1. *Down channel*: The price is moving in a descending channel on the 12-hour time frame, indicating a downtrend.
2. *Support Zone*: The lower border of the channel, around 2.20, is a strong support zone where the price is expected to rise.
3. *100-period Moving Average*: The price needs to stay above the 100-period Moving Average, this is a strong support level for the uptrend.
4. *Oversold RSI*: The relative strength index (RSI) is showing oversold conditions, which could support price increases and a strong uptrend. Overall, the analysis suggests a likely recovery or upward movement for BONK.#BONK🔥🔥 #USDT
BONK LOOKING AT THE MOON 🌙 ❓❓ BONK is expected to rise to 0.000039 around the 27th before a small drop is possible. It is a high volatility token, so be careful when trading it.
Everyone must be aware of the risks. That being said, it is an emerging crypto with great potential in my opinion. $BONK #bitcoin #Binance #Elonmusk
❗❕❗❕THIS IS NOT AN INVESTMENT RECOMMENDATION. IT’S MY POINT OF VIEW❗❕❗❕
HAPPY PIZZA DAY 🍕 14 years ago, Laszlo Hanyecz, a programmer from Florida, bought 2 Papa John's pizzas for 10,000 $BTC . Today, those #pizzas would be valued at $700 million!
Price signal $BONK 05/22/2024 ⏱️ Today, on the daily chart, Bonk broke the resistance level on the fourth attempt, which could indicate a strong upward movement. Furthermore, the price surpassed the 50 SMA, which also signals potential growth. All long-term indicators are set positive, but be cautious as the currency has already shown significant growth.
!It is not an inducement to act!
ℹ️ On my channel you can see the history of previous signals ℹ️ Don't miss out, sign up now!❤️🔥
😱🚀🚀 PEPE and BONK prices rise more than 30% amid US$400 million sale: what to expect next Buyers are trying to keep the price above the 20-day EMA ($0.00001034). If successful, the pair #PEPE /USDT could rise back to the high of $0.0000128. This level is crucial for the bears' defense as a rally beyond it could lead to a rise towards the overhead resistance zone between $0.000015 and $0.000017. On the other hand, a breakout and close below the $0.00001 to $0.000008 support zone would confirm a bearish pattern. The pair could then fall towards the strong support at $0.0000055. With the RSI level rising sharply towards the overbought region, traders can expect a correction. $BONK PRICE ANALYSIS The $BONK price has been trending higher recently, with bulls pushing it above overhead resistance at $0.000029. Bonk is currently trading at $0.0000323, marking an increase of over 27% in the last 24 hours. Bulls are now looking for a move towards $0.00003693, and a successful push could see the price rise towards $0.000047. However, bears may strongly resist any rise within these levels. An important level to watch is the EMA20 trendline. A strong rebound from this level would indicate that bulls are buying dips, increasing the chances of breaking the psychological resistance at $0.000037. On the other hand, if the price drops sharply and falls below the 20-day EMA, it would suggest that bulls are exiting their positions, potentially triggering a correction to the 50-day SMA at $0.00002275. On the 4-hour price chart, the RSI level is rising and is currently trading around 70, which could trigger a bearish correction. $PEPE #binance #memecoins2024
$BONK has just closed daily and looks extremely promising, like a rocket about to be launched. Among all crypto charts, BONK stands out the most. Other well-known meme coins like $SHIB $DOGE and #pepecoin🐸 also look very strong. $BONK is my favorite because it is Solana's original meme coin and has significantly benefited both degens and developers. Furthermore, it is easy to obtain it without using centralized devices – just exchange it and keep it for a few days. All of these coins have impressive RSI and favorable prices for bulls! Remember, things can change quickly, so bet responsibly. We are all players here. #altcoins #MemeWatch2024 #ETFvsBTC
$BONK (BONK) soars 36% in volume amid listing on major exchanges.
In a significant boost for Bonk (BONK), Bithumb, South Korea's second-largest crypto exchange, announced its listing on the Korean won market. Trading for BONK, the first dog-themed cryptocurrency on the Solana network, will begin at 5 p.m. on May 16, triggering an uptrend in the coin's price and volume.
The listing on Bithumb is a pivotal moment for BONK, providing it exposure to one of Asia's largest cryptocurrency markets. This development is expected to increase liquidity and trading activity, attracting more investors and potentially driving further price increases.
After the announcement, BONK's market performance showed a notable upward trend. As of now, BONK is trading at $0.00002611, marking a 9.57% increase in the last 24 hours. This increase highlights the market's positive reaction to the listing news. Over the past 30 days, BONK price has soared 78.5%, maintaining strong upward momentum.
Business volume also saw a significant increase, increasing 36.53% to reach US$498.6 million. This increase in volume reflects increased investor interest and activity around BONK. At the same time, BONK's market capitalization increased by 9.37%, now standing at $1.66 billion, further highlighting the coin's growing presence in the market.
Additionally, CoinGlass data indicates a substantial increase in open contracts for BONK, which rose 13.24% to US$280.82 million. Open interest is a key metric representing the total number of outstanding derivative contracts, such as futures and options, and their rise is often seen as a bullish indicator. This suggests that more traders are entering the market and taking positions in BONK. #Binance" #BONKUSDT #CriptoNews
Ethereum(ETH) surpasses 3,000 USDT with 3.99% increase in 24 hours
On May 15, 2024, 6:26 pm (UTC). According to Binance Market Data, Ethereum has surpassed the 3,000 USDT benchmark and is now trading at 3,000.209961 USDT, up 3.99% in 24 hours. #Binance" $ETH #ElonMuskTalks
Bitcoin miner revenues show signs of decline after halving event.
According to CryptoPotato, almost a month after the fourth Bitcoin halving, the first signs of a decrease in miner revenues are slowly emerging. The drop in the network's hash rate is a clear indicator of this trend, potentially signaling miner capitulation, where less efficient miners give up due to decreased profitability. The 30-day moving average hash rate previously peaked at 630 exahashes per second (EH/s) but has now dropped to 606 EH/s. This decrease, although relatively small and brief, is significant as hash rate generally increases, indicating a change in pattern.
CryptoQuant’s analysis revealed instances of rapid hash rate declines, often signaling “miner capitulation.” This term refers to less efficient miners opting out of the process, shutting down their rigs and reducing computing power for mining. They can also reallocate or sell recently mined bitcoins to cover their operating expenses.
The halving event on April 20 halved the block reward to 3,125 BTC, reducing mining production from 900 BTC to around 450 BTC per day. As a result, top Bitcoin miners such as Bitfarms, Cipher, CleanSpark, Core Scientific, Riot, and Terawulf experienced production drops of 6% to 12% in April. These reductions in production coincided with a decline in profitability, or “hash price,” which decreased to $0.049 per terahash per second per day, according to HashRateIndex. This represents a drop of over 73% from the $0.182 TH/s/day level seen near the halving. Such a scenario also poses problems for the price of Bitcoin, as concerns about sales loom amid increasing pressure faced by miners.
After BONK tested the 2150-2250 support area below yesterday, it followed the meme sector rising. The intraday increase once exceeded 12% and then made a correction, closing at the bullish K line. Technically, the effectiveness of the support area below has been verified, but at the same time, the excessive retracement also indicates the existence of selling pressure above. It will take some time to digest the selling pressure. and will rise today, and will continue to test the 2800-2940 chip pressure range above. Compared with yesterday, the updated view is that the short-term fluctuations are bullish, and the medium and long term will continue to be bullish! #BONK #BONKCoinGrowth #BONKUSDT
#BONK continued to test the second descending channel line and then fell, without breaking the channel line.
In terms of strength, it gave up yesterday's positive line. whether it can break the channel line. It will also test after breaking the channel line.
The upper pressure range is 2800-2940, and repeated shock testing is expected. medium and long-term shocks and optimism! Adjust your mindset! #BONKUSDT #BONKCoinGrowth #Binance #Elonmusk
All Crypto-PESSIMISTS must understand that $PEPE will explode between November and October 2024.
$PEPE will become multimillionaires and multibillionaires from the first quarter of 2025.
and know that he is in the middle of the Financial Kitchen with MOBILIUM, the largest Telecommunications Company in the Middle East (United Arab Emirates).
And soon a Bank Card will be in circulation according to the Official MOBILIUM Network Tweeter Account.
#Floki risks burning all its eggs 0 after September 2024.
Get as many of them as possible before the end of September 2024!!!
$BONK is gaining momentum, suggesting another potential upward push. If Bitcoin remains bullish, this memecoin could shave a zero off its price. Helping lead the way are other memecoins, like $SHIB and $DOGE this time. Previously, we observed a profit of 34x. #SolanaMemeCoins #altcoins #Memecoins🤑🤑
$BONK 🚨BRINGING NEWS 🚨 #BONK today's price update Bonk's live price today is $0.000025 (bonk/USD) with current market cap of $1.61 billion USD. TRADING VOLUME in 24 hours is $329.49 million dollars. Bonk to USD updates the price in real time. Bonk is -6.21% in the last 24 hours with circulating supply of 63,853.12B. Bonk coin investment 4 trillion bonk coins that the people own In a few days, the bonk will trade little up and little down Then a bigger leap My advice lasts a long time 🐕 💘Follow me for more updates💓 #MbeyaconsciousComunity #altcoins #Blackrock #eth