Bonk Price Prediction: BONK Rises 8% But Experts Say This New Solana Meme Coin Featuring the Year of the Dragon Edge Could Be the Best Cryptocurrency to Buy Right Now.

Bonk price is up 8% in the last 24 hours. Traded for $0.00001368 As of 11:15 PM ET, trading volume was down 18% to $172.9 million.

Bonk prices remained range-bound throughout January, with profit-taking taking place on Solana, and there were attempts to plunge Bonk prices due to the Solana outage.

Despite this setback, Bonk’s price momentum continued, bouncing off strong support levels near $0.0000098 with a significant surge in trading volume.

Bonk price signals a bounce towards $0.0000098 support.

BONKUSD Analysis by Tradingview.com

BONK price indicates a move above the $0.00001286 support zone after a long period of consolidation.

However, the bulls faced rejection at $0.00003552, which allowed the bears to take control, putting downward pressure on the price and forcing a retreat to the established support level at $0.00001342, which proved impenetrable.

This price drop formed a descending triangle pattern, which indicates a potential bearish trend could continue if the price falls below support. However, if the bulls maintain their bullish momentum, the price could rise above the upper boundary of the triangle.

Bonk prices are supported by the 50-day simple moving average (SMA), providing some respite to the bulls. However, if the downtrend continues, a break below the 50-day SMA could pave the way for a continued downtrend and the bulls could potentially regroup around the $0.000005608 level.

The Relative Strength Index (RSI) declined from 87 to 40, reflecting the prevailing bearish sentiment indicating significant bearish pressure in the market.

MACD is showing signs of a rebound with the blue line crossing the orange signal line, but is still below the neutral position. If upward momentum continues, the MACD may cross the neutral position and join the histogram, indicating positive momentum.

Bonk Price Prediction

The Bonk price support level at $0.000009560 looks strong and prevents bears from taking any further profits. This allowed the bulls to regroup and push prices higher. If momentum continues, the bulls could push the price towards the $0.00003552 resistance level, which represents a potential 180% upside from the current price.

However, if bearish pressure continues, there is a risk that BONK will fall below the lower boundary of the descending triangle, potentially reaching the support area at $0.000005608.

Meanwhile, the surge in meme coins on the Solana blockchain continues to attract global attention this year, with names like Myro, Dogwifhat, and Honk all making headlines.

SMOG is the latest Solana meme coin to gain attention after its spectacular launch on the Jupiter DEX last week. Investors looking for more turbocharged profits might want to check this out.

SMOG Unveils Airdrop: Next-Generation Cryptocurrency Sweepstakes to Watch

SMOG Token is a newcomer to the Solana blockchain meme coin scene that has quickly gained popularity and achieved notable growth since its launch on the JUP exchange.

SMOG joins the ranks of Solana’s hot pair meme coins, positioning itself as a direct challenger to BONK’s dominance with the slogan “The one meme coin to rule them all.”

SMOG price surged 9.9% in the last 24 hours to reach the deal. Value of $0.07484 Its market capitalization soared to $104 million after previously surging with a new ATH.

Final decision: Buy $SMOG now and receive the largest airdrop ever

$SMOG promises investors the mother of all airdrops, surpassing Jupiter’s landmark $700 million airdrop for Solana that helped create countless millionaires.

The Smog team has allocated 35% of the 1.4 billion token supply. airdrop. All you have to do to participate in the airdrop is simple. Buy and Hold $SMOG.

$SMOG has already built a strong community, and as a $SMOG holder, you are eligible to receive a portion of the community bounties generated by the campaign, providing further incentive to hold the token.

Crypto analyst and YouTuber Jacob Bury says SMOG is a project with a 1000x return potential.

Here’s another reason to buy SMOG right now. Solana-based smog tokens are likely to benefit as the market rebounds as the Chinese Lunar Year of the Dragon begins. This is because Smog’s dragon theme will look attractive to the Chinese cryptocurrency community.

Smog holders are well-positioned to benefit as festive celebrations by Chinese communities around the world attract investors looking to capitalize on the season’s lucky charm and Smog’s dragon theme.

Filled with money from traditional “red packet” gifts, they feel great and are more likely than ever to invest their excess cash.

You can purchase SMOG tokens. official website You can soon receive a historic airdrop. You can also purchase directly from Jup DEX.

Related articles

A new cryptocurrency mining platform – Bitcoin Minetrix

• Thanks to Coinsult
• Decentralized, secure cloud mining
• Get free Bitcoin every day
• Native token currently in pre-sale – BTCMTX
• Staking Rewards – APY 50% or more