Bonk (BONKUSD) Price to Continue Its Bullish Rally

Bonk (BONKUSD) Price Forecast: April 14

BONKUSD holds a recovery opportunity with a bullish reversal pattern and may continue its bullish rally up to level $0.0000142 as it faces the upper channel. The potential breakout from the immediate resistance of $0.0000154 peak value will give additional confirmation for a bullish recovery if the bulls can increase their efforts.

Key Levels:
Resistance Levels: $0.0000128, $0.0000129, $0.0000130
Support Levels: $0.0000110, $0.0000109, $0.0000108

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

The long-term market value of Bonk is moving in a bullish direction and may continue as the bulls remain determined to take the coin prices higher.
The bulls’ pressure to a $0.0000124 resistance level in the last session has enabled the coin price to stay above the resistance threshold in its recent high.

The cryptocurrency has broken above the moving averages, indicating a possible increase. The bulls increase their pressure and move the market value of Bonk to a $0.0000142 high level as the daily chart opens today, suggesting the coin may continue its bullish rally and remain positive for a BUY position.

This breakup may accelerate the bullish momentum and extend the ongoing correction to a higher level.

Further, the BONKUSD price may continue its bullish rally and continue to make a buy trade set-up as suggested by the daily stochastic pointing up. In light of this, the coin price may hit the $0.0000154 upper resistance trend mark in the coming days in its long-term outlook.

BONK (USD) Short-term Trend: Bullish (1H Chart)

BONKUSD remains bullish on the short-term outlook. The market is showing promising signs of recovery as the price remains pressured above the crucial level, indicating a significant bullish rally.
The coin has been making higher highs and higher lows in the previous actions, making it possible for the price to maintain an uptrend.

The BONKUSD pair trading above the moving averages at the $0.0000142 resistance level above the moving averages as the 4-hourly chart opens today indicates a more bullish impact in the market. Bonk is trading in a “Rising Channel”, making higher highs and higher lows, showing signs of bullishness.

The coin has recently experienced a price surge and might continue its bullish rally and break its previous high of $0.0000154 level if further bearish pressure is restricted.

Further, the Bonk price might continue its bullish rally as shown by the price indicator raising its hand.

Therefore, if the crypto price could break above the $0.0000148 supply value, then we can expect a price to test its previous swing high at $0.0000154 and even break above that level to hit the $0.0000160 upper resistance level in the days ahead in its medium-term outlook.

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