An Upcoming Surge Is Indicated by Market Accumulation, Which Could Cause Bonk Price to Rally by 90%
The price of Bonk is falling on Friday, which coincides with a general decline in the cryptocurrency market; nonetheless, the continued accumulation of the market continues to point to an imminent increase of ninety percent.
Once again, the price of Bonk is challenging its 200-day moving average (DMA) at about $0.0000225.
It has been a very successful approach over the last several months to purchase BONK when it is testing its 200-day moving average and then hold it for a few weeks.
It's possible that this will happen once again if history is any indication.
Moreover, the 200-day moving average is not the only indicator that may be delivering a buy signal.
An uptrend that has been in effect since February is about to be retested by the price of BONK, which is a cryptocurrency.
If the price were to recover from this upswing, it might pave the way for a 90% rebound that would take it to the $0.000040s.
This is the highest limits of the accumulation range that BONK has observed during the last several months.
#BONK #PEPE #BinanceTurns7 $BONK