Bonk is Predicted to Reach $ 0.000056 By Dec 07, 2024
Bonk is predicted to increase 30.55% in the next 5 days and hit a price target of $0.000056 per BONK. Check out today's Bonk price prediction to learn why.
Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
- Bonk is down -7.46% today against the US Dollar
- BONK/BTC decreased by -6.11% today
- BONK/ETH decreased by -5.62% today
- Bonk is currently trading 23.43% below our prediction on Dec 07, 2024
- Bonk gained 124.11% in the last month and is up 751.04% since 1 year ago
| Bonk price | $ 0.000043 |
| Bonk prediction | $ 0.000056 (30.55%) |
| Sentiment | Bullish |
| Fear & Greed index | 80 (Extreme Greed) |
| Key support levels | $ 0.000044, $ 0.000042, $ 0.000040 |
| Key resistance levels | $ 0.000048, $ 0.000050, $ 0.000052 |
BONK price is expected to rise by 30.55% in the next 5 days according to our Bonk price prediction
Bonk price today is trading at $ 0.000043 after losing -7.46% in the last 24 hours. The coin underperformed the cryptocurrency market, as the total crypto market cap decreased by -1.05% in the same time period. BONK performed poorly against BTC today and recorded a -6.11% loss against the world’s largest cryptocurrency.
According to our Bonk price prediction, BONK is expected to reach a price of $ 0.000056 by Dec 07, 2024. This would represent a 30.55% price increase for BONK in the next 5 days.
BONK Price Prediction Chart
What has been going on with Bonk in the last 30 days
Bonk has been displaying a positive trend recently, as the coin gained 124.11% in the last 30-days. The medium-term trend for Bonk has been bullish, with BONK increasing by 151.11% in the last 3 months. The long-term picture for Bonk has been positive, as BONK is currently displaying a 751.04% 1-year price change. On this day last year, BONK was trading at $ 0.000005.
Bonk reached its all-time high price on Nov 20, 2024, when the price of BONK peaked at $ 0.000059. The current BONK cycle high is $ 0.000048, while the cycle low is at $ 0.000040. BONK has been displaying high volatility recently – the 1-month volatility of the coin is at 31.21. Bonk recorded 15 green days in the last 30 days.
Bonk technical analysis for today - Dec 03, 2024
The sentiment in the Bonk markets is currently Bullish, and the Fear & Greed index is reading Extreme Greed. The most important support levels to watch are $ 0.000044, $ 0.000042 and $ 0.000040, while $ 0.000048, $ 0.000050 and $ 0.000052 are the key resistance levels.
Bullish sentiment for Bonk
24 indicators are currently signaling a bullish prediction for Bonk, while 2 indicators are showing a bearish forecast. With 92% of indicators favoring a positive prediction. This results in an overall Bullish sentiment for Bonk.
Crypto market is currently experiencing Extreme Greed
Currently, the Fear & Greed index is at 80 (Extreme Greed), which signals that investors have a positive outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.
Bonk moving averages & oscillators
Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how Bonk is positioned in the market right now.
| Period | Daily Simple | Daily Exponential | Weekly Simple | Weekly Exponential |
| MA3 | $ 0.000038 (BUY) | $ 0.000039 (BUY) | - | - |
| MA5 | $ 0.000040 (BUY) | $ 0.000035 (BUY) | - | - |
| MA10 | $ 0.000043 (BUY) | $ 0.000030 (BUY) | - | - |
| MA21 | $ 0.000044 (SELL) | $ 0.000026 (BUY) | $ 0.000043 (SELL) | $ 0.000025 (BUY) |
| MA50 | $ 0.000031 (BUY) | $ 0.000023 (BUY) | $ 0.000040 (BUY) | $ 0.000020 (BUY) |
| MA100 | $ 0.000025 (BUY) | $ 0.000022 (BUY) | - | - |
| MA200 | $ 0.000024 (BUY) | $ 0.000021 (BUY) | - | - |
| Period | Value | Action |
| RSI (14) | 61.93 | NEUTRAL |
| Stoch RSI (14) | 0.00 | BUY |
| Stochastic Fast (14) | 32.22 | NEUTRAL |
| Commodity Channel Index (20) | 66.67 | NEUTRAL |
| Average Directional Index (14) | 56.10 | BUY |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -67.78 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 46.07 | NEUTRAL |
| VWMA (10) | 0.00 | BUY |
| Hull Moving Average (9) | 0.00 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for Bonk is at 61.93, suggesting that BONK is currently neutral.
The 50-day Simple Moving Average (SMA 50) takes into account the closing price of Bonk over the last 50 days. Currently, Bonk is trading below the SMA 50 trendline, which is a bearish signal.
Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the BONK closing price for the last 200 days. BONK is now trading below the SMA 200, signaling that the market is currently bearish.
The bottom line about this Bonk prediction
After considering the above factors, we can conclude that the current forecast for Bonk price prediction is Bullish. BONK would have to increase by 30.55% to hit our $ 0.000056 target within the next five days. Moving forward, it will be important to monitor the BONK market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term Bonk price predictions click here.
Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
What's Your Reaction?
