The Bonk price has experienced a 36% increase over the past 24 hours and is trading at $0.00000111 at 10:45 a.m. EST.
This surge was coupled with a substantial 97% boost in trading volume, which reached $38.1 million within the same 24-hour period.
This surge can be attributed to increased investor interest, especially on social media platforms after Solana started pumping.
GM. Can you say it back?$BONK was flying to the moon last night.
Officially BONK is a leveraged position on SOL.
— Blacksea (@333blacksea) November 8, 2023
BONK Price: Is A Bull Run Beckoning?
BONK shows a sharp recovery as the price rebounds after breaking out of an extended consolidation phase. This breakout has initiated a bullish trend, as evidenced by successive bullish candlestick patterns.
The robust recovery from the support level at $0.0000002080 indicates the potential for a lasting bullish trend, offering the necessary momentum for the bulls to target the breakthrough of the resistance at $0.0000009061.
The price of BONK has consistently stayed above both the 200-day and 50-day moving averages on the daily chart. This stability offers additional reinforcement for the bullish perspective, with these moving averages now acting as immediate support levels for BONK’s price.
Despite encountering resistance at $0.0000009061, this support has boosted the confidence of bullish investors, facilitating the price’s breakthrough of the resistance level and enabling the bulls to target a new high.
The Relative Strength Index (RSI) has experienced a minor decrease but still exceeds the overbought threshold of 70. The RSI is at 81, indicating higher momentum and buying pressure than its previous performance.
The general perspective of BONK continues to be bullish, as evidenced by the alignment of moving averages and the RSI. This encourages the bulls to set their sights on $0.000002102 as the next important milestone.
However, if you missed the bonk price surge, TG.Casino presents an enticing opportunity with its presale project and the upcoming staking feature, set to revolutionize the casino gambling world.
TGC Presale Approaching $2 Million, Buy Now Before Price Hike
The TG.Casino (TGC) presale campaign has achieved significant success, amassing $1.77 million in funding, which represents around 70% of its initial goal of $2.5 million.
With just three days remaining in the current presale phase, securing tokens at the current discounted rate of $0.15 is crucial before the price increases.
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Industry experts and analysts who have assessed the project believe that early investors could see their investments multiply by 10x once the project is listed on exchanges.
Prominent YouTuber Austin Hilton, with over 235k subscribers, has reviewed TG.Casino and expressed optimism about buying the TGC tokens. He also emphasizes the importance of buying in early before the whales arrive.
To participate, visit the official TG.Casino website, connect your digital wallet and purchase $TGC tokens using a variety of cryptocurrencies like ETH, BNB, and USDT.
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