Bonk (BONKUSD) Price to Bounce up to Level $0.0000578

Bonk (BONKUSD) Price Forecast: January 24

BONKUSD price has the potential to bounce up to level $0.0000578 peak barrier as it holds a recovery opportunity with huge volumes from the bull. The coin may bounce up to the mentioned supply as it faces the upper channel. The potential breakout from the immediate resistance of $0.0000340 will result in a bullish recovery if the bulls can increase their efforts in the market.

Key Levels:
Resistance Levels: $0.0000340, $0.0000342, $0.0000346
Support Levels: $0.0000180, $0.0000179, $0.0000178

BONK (USD) Long-term Trend: Bullish (Daily Chart)

The Bonk price has been volatile in the past 24 hours and may bounce up to the upper resistance level as it experiences a robust bullish pattern in its higher time frame.
The bulls’ pressure on the coin to the $0.0000323 supply value during the past session has sustained the coin price above the resistance trend levels in its recent high.

Today, the BONKUSD price may bounce up to the overhead resistance as it rises to a $0.0000340 high mark above the EMA-50 as it resumes its daily session, gunning for the upper boundary of the range.

This breakup may accelerate the bullish momentum and extend the ongoing correction to a bounce up to a $0.0000578 higher level, obtaining a higher footing to rise higher.

Additionally, the price of Bonk might increase further if the bulls could push harder; if this is achieved, the price might bounce up to the $0.0000578 resistance level in the nearby days and beyond in its higher time frame.

BONK (USD) Medium-term Trend: Bullish (4H Chart)

The Bonk market is witnessing renewed activity and may bounce up to the overhead resistance level, with the crypto gaining investors’ attention in the medium term. The BONKUSD price is above the EMA-50, due to the large inflow of long traders.
The increase in the momentum by the bulls at the $0.0000328 supply value during the past session has enabled the Bonk price to stay strong above the resistance lines in its recent high.

The market price of BONKUSD has just broken up the EMA-50 at the $0.0000339 supply level as the 4-hour chart opens today, suggesting the coin price might bounce up further, leading the coin price to the $0.000390 peak resistance level.

Furthermore, the daily stochastic signals an uptrend, if the bulls could push harder and sustain the coin price above the $0.0000390 previous high, the resulting rally may hit the $0.0000578 psychological level at the upside in the days ahead in its medium-term perspective.

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