Among the top five meme coins, Bonk saw the most gain today following the latest recovery across the crypto space. However, it remains bearish and currently looks weak due to a slight rejection. Bonk’s volatility has been in favour of the bulls for some days now even though their commitment is not strong enough to put them back on track on the daily scale. The current retracement phase appears weak with choppy price actions due to low demand. A significant increase above the monthly high should trigger a major rally before meeting resistance. Such a rally should suspend short-term bearish
The post BONK PRICE ANALYSIS & PREDICTION (March 20) – Bonk Post 7% Gains Amid Latest Recovery But Remains Bearish appeared first on The Merkle News.
