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Bonk Price Prediction as BONK Pumps Up 30% in 7 Days – $1 BONK Possible?

Bonk Price Prediction

Bonk price prediction remains bullish as BONK’s value surges by 30% in just a week, sparking discussions about the potential for it to reach the $1 mark.

Amidst the vibrant landscape of digital currencies, BONK distinguishes itself with a notable increase of nearly 4% in the past 24 hours, positioning it at the #78 rank according to CoinMarketCap.

With a live market cap nearing $842.9 million and a circulating supply that dwarfs many, the trajectory of BONK’s value is under keen observation.

As this crypto asset continues to make waves, Smog emerges as another intriguing option for investors seeking diversity in their digital portfolios, presenting itself as a noteworthy alternative amidst the market’s fluctuations.

Bonk Price Prediction

Examining the 4-hour chart, we pinpoint a pivot point at $0.0000138. BONK faces immediate resistance at $0.0000148, with subsequent hurdles at $0.0000157 and $0.0000169.

Conversely, support levels are established at $0.0000128, $0.0000116, and $0.0000097, providing a framework for potential price movements.

The Relative Strength Index (RSI) stands at 76, verging on the overbought territory but indicative of strong buying pressure.

The 50-Day Exponential Moving Average (EMA) trails at $0.0000109, further affirming a bullish undertone in the current market trend.

Bonk Price Technical Analysis – Source: Tradingview

Chart analysis reveals BONK’s successful 50% Fibonacci retracement at $0.0000138. Should BONK sustain a bullish crossover above this juncture, it’s poised to target the 61.8% Fibonacci retracement level at approximately $0.0000148, signaling potential upward momentum.

In conclusion, the technical landscape for BONK is predominantly bullish, particularly if the asset maintains above the critical $0.0000138 level.

Short-term forecasts suggest BONK could test its immediate resistance levels in the near future, backed by robust trading volume and technical indicators.

Unveiling $SMOG: The Gateway to the Largest Airdrop in History

$SMOG tokenomics is setting the stage for what’s being hailed as the most monumental airdrop ever, uniquely distributed on the Solana blockchain. With 50% of its supply earmarked for marketing initiatives and 35% dedicated to rewarding its community through an unprecedented airdrop, $SMOG is generating palpable excitement.

A strategic allocation sees 10% reserved for Centralized Exchange (CEX) launches and the remaining 5% for bolstering liquidity in anticipation of its Decentralized Exchange (DEX) debut.

The roadmap delineates a captivating journey, starting with foundational steps like website development and token deployment, to ambitious goals like achieving social dominance and crowning itself as the SOL King.

Each phase is meticulously crafted to enhance community engagement and expand $SMOG’s footprint across the digital landscape.

How to Engage with $SMOG:

DEX Purchase: Navigate to Birdeye, link your Phantom or other Solana wallets, and swap your digital assets for $SMOG tokens. Holding these tokens not only secures your stake in the airdrop but also integrates you into the $SMOG community’s evolving narrative.
OTC Buy and Stake: For Ethereum users, $SMOG offers a seamless OTC widget for purchases, with a staking pool on the horizon promising attractive APY returns. Whether you opt to hold or stake, you’ll be in line for the airdrop rewards.
Airdrop Sign-up: Amplify your engagement by joining the Smog community on Zealy. Completing tasks earns you points towards the airdrop, with updates to follow post-launch.

Don’t miss out, buy or stake $SMOG, and prepare to embark on a journey that promises not just rewards but a chance to be at the forefront of cryptocurrency innovation.

Visit SMOG Now

The post Bonk Price Prediction as BONK Pumps Up 30% in 7 Days – $1 BONK Possible? appeared first on Cryptonews.

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