• bitcoinBitcoin (BTC) $ 66,509.00
  • ethereumEthereum (ETH) $ 3,597.23
  • tetherTether (USDT) $ 0.999127
  • bnbBNB (BNB) $ 608.65
  • solanaSolana (SOL) $ 148.72
  • staked-etherLido Staked Ether (STETH) $ 3,595.68
  • usd-coinUSDC (USDC) $ 1.00
  • xrpXRP (XRP) $ 0.489440
  • dogecoinDogecoin (DOGE) $ 0.136215
  • the-open-networkToncoin (TON) $ 8.06
  • cardanoCardano (ADA) $ 0.416212
  • shiba-inuShiba Inu (SHIB) $ 0.000021
  • avalanche-2Avalanche (AVAX) $ 29.84
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 66,588.00
  • tronTRON (TRX) $ 0.116257
  • chainlinkChainlink (LINK) $ 15.10
  • polkadotPolkadot (DOT) $ 6.37
  • uniswapUniswap (UNI) $ 11.51
  • bitcoin-cashBitcoin Cash (BCH) $ 427.65
  • nearNEAR Protocol (NEAR) $ 5.65
  • litecoinLitecoin (LTC) $ 78.84
  • matic-networkPolygon (MATIC) $ 0.618017
  • wrapped-eethWrapped eETH (WEETH) $ 3,735.89
  • leo-tokenLEO Token (LEO) $ 5.84
  • daiDai (DAI) $ 0.999735
  • pepePepe (PEPE) $ 0.000012
  • internet-computerInternet Computer (ICP) $ 9.56
  • kaspaKaspa (KAS) $ 0.157556
  • ethereum-classicEthereum Classic (ETC) $ 25.45
  • fetch-aiFetch.ai (FET) $ 1.47
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,577.70
  • aptosAptos (APT) $ 7.86
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • moneroMonero (XMR) $ 176.50
  • render-tokenRender (RNDR) $ 8.33
  • hedera-hashgraphHedera (HBAR) $ 0.085680
  • filecoinFilecoin (FIL) $ 5.25
  • mantleMantle (MNT) $ 0.898490
  • stellarStellar (XLM) $ 0.098766
  • cosmosCosmos Hub (ATOM) $ 7.19
  • blockstackStacks (STX) $ 1.91
  • okbOKB (OKB) $ 46.17
  • arbitrumArbitrum (ARB) $ 0.922800
  • crypto-com-chainCronos (CRO) $ 0.098832
  • immutable-xImmutable (IMX) $ 1.71
  • dogwifcoindogwifhat (WIF) $ 2.56
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.999427
  • injective-protocolInjective (INJ) $ 24.98
  • suiSui (SUI) $ 0.953016
  • optimismOptimism (OP) $ 2.11
  • makerMaker (MKR) $ 2,426.24
  • the-graphThe Graph (GRT) $ 0.235810
  • bittensorBittensor (TAO) $ 312.03
  • vechainVeChain (VET) $ 0.029337
  • notcoinNotcoin (NOT) $ 0.020219
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,992.17
  • flokiFLOKI (FLOKI) $ 0.000207
  • lido-daoLido DAO (LDO) $ 2.14
  • arweaveArweave (AR) $ 28.90
  • jasmycoinJasmyCoin (JASMY) $ 0.037380
  • fantomFantom (FTM) $ 0.630703
  • ondo-financeOndo (ONDO) $ 1.18
  • theta-tokenTheta Network (THETA) $ 1.70
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,722.53
  • bonkBonk (BONK) $ 0.000025
  • bitget-tokenBitget Token (BGB) $ 1.15
  • thorchainTHORChain (RUNE) $ 4.66
  • based-brettBrett (BRETT) $ 0.156703
  • celestiaCelestia (TIA) $ 8.03
  • coredaoorgCore (CORE) $ 1.63
  • whitebitWhiteBIT Coin (WBT) $ 9.63
  • eosEOS (EOS) $ 0.652037
  • pyth-networkPyth Network (PYTH) $ 0.363600
  • aaveAave (AAVE) $ 85.60
  • sei-networkSei (SEI) $ 0.414907
  • algorandAlgorand (ALGO) $ 0.154288
  • ethenaEthena (ENA) $ 0.763037
  • jupiter-exchange-solanaJupiter (JUP) $ 0.911681
  • starknetStarknet (STRK) $ 0.932615
  • quant-networkQuant (QNT) $ 82.82
  • galaGALA (GALA) $ 0.033016
  • cheeleeCheelee (CHEEL) $ 20.47
  • flare-networksFlare (FLR) $ 0.027173
  • gatechain-tokenGate (GT) $ 8.57
  • flowFlow (FLOW) $ 0.720168
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,628.18
  • kucoin-sharesKuCoin (KCS) $ 10.44
  • beam-2Beam (BEAM) $ 0.020101
  • axie-infinityAxie Infinity (AXS) $ 6.71
  • bitcoin-svBitcoin SV (BSV) $ 49.38
  • bittorrentBitTorrent (BTT) $ 0.00000100
  • ordinalsORDI (ORDI) $ 45.57
  • zebec-protocolZebec Protocol (ZBC) $ 0.018584
  • tokenize-xchangeTokenize Xchange (TKX) $ 11.66
  • dydx-chaindYdX (DYDX) $ 1.53
  • elrond-erd-2MultiversX (EGLD) $ 33.14
  • chilizChiliz (CHZ) $ 0.100877
  • neoNEO (NEO) $ 12.67
  • pendlePendle (PENDLE) $ 5.66
  • the-sandboxThe Sandbox (SAND) $ 0.381980
  • gnosisGnosis (GNO) $ 330.40
  • roninRonin (RON) $ 2.58
  • worldcoin-wldWorldcoin (WLD) $ 3.44
  • wormholeWormhole (W) $ 0.454277
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 3,589.30
  • akash-networkAkash Network (AKT) $ 3.36
  • oasis-networkOasis Network (ROSE) $ 0.119523
  • tezosTezos (XTZ) $ 0.811347
  • singularitynetSingularityNET (AGIX) $ 0.620485
  • msolMarinade Staked SOL (MSOL) $ 177.56
  • conflux-tokenConflux (CFX) $ 0.189391
  • ethereum-name-serviceEthereum Name Service (ENS) $ 24.04
  • livepeerLivepeer (LPT) $ 22.95
  • nexoNEXO (NEXO) $ 1.34
  • mina-protocolMina Protocol (MINA) $ 0.660032
  • dog-go-to-the-moon-runeDOG•GO•TO•THE•MOON (Runes) (DOG) $ 0.007385
  • usddUSDD (USDD) $ 1.00
  • ecasheCash (XEC) $ 0.000037
  • decentralandDecentraland (MANA) $ 0.385536
  • dexeDeXe (DEXE) $ 12.59
  • book-of-memeBOOK OF MEME (BOME) $ 0.010389
  • havvenSynthetix Network (SNX) $ 2.19
  • frax-etherFrax Ether (FRXETH) $ 3,585.38
  • fasttokenFasttoken (FTN) $ 2.21
  • lido-staked-solLido Staked SOL (STSOL) $ 175.57
  • safeSafe (SAFE) $ 1.59
  • aioz-networkAIOZ Network (AIOZ) $ 0.614242
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.52
  • apecoinApeCoin (APE) $ 1.06
  • klay-tokenKlaytn (KLAY) $ 0.179203
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 3,859.66
  • fraxFrax (FRAX) $ 0.997188
  • iotaIOTA (IOTA) $ 0.190925
  • swethSwell Ethereum (SWETH) $ 3,802.55
  • mantra-daoMANTRA (OM) $ 0.757453
  • kavaKava (KAVA) $ 0.560381
  • rocket-poolRocket Pool (RPL) $ 28.36
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000105
  • nervos-networkNervos Network (CKB) $ 0.013109
  • tether-goldTether Gold (XAUT) $ 2,332.61
  • heliumHelium (HNT) $ 3.44
  • staked-frax-etherStaked Frax Ether (SFRXETH) $ 3,910.14
  • magaMAGA (TRUMP) $ 11.95
  • constitutiondaoConstitutionDAO (PEOPLE) $ 0.110086
  • axelarAxelar (AXL) $ 0.780503
  • theta-fuelTheta Fuel (TFUEL) $ 0.080724
  • aevo-exchangeAevo (AEVO) $ 0.628762
  • illuviumIlluvium (ILV) $ 79.94
  • 1inch1inch (1INCH) $ 0.418999
  • blurBlur (BLUR) $ 0.310680
  • ioio.net (IO) $ 5.45
  • xdce-crowd-saleXDC Network (XDC) $ 0.034243
  • bitcoin-goldBitcoin Gold (BTG) $ 28.54
  • true-usdTrueUSD (TUSD) $ 0.997330
  • woo-networkWOO (WOO) $ 0.248840
  • iotexIoTeX (IOTX) $ 0.049818
  • corgiaiCorgiAI (CORGIAI) $ 0.001363
  • ether-fiEther.fi (ETHFI) $ 4.06
  • stader-ethxStader ETHx (ETHX) $ 3,706.23
  • trust-wallet-tokenTrust Wallet (TWT) $ 1.11
  • raydiumRaydium (RAY) $ 1.74
  • sats-ordinalsSATS (Ordinals) (SATS) $ 0.00000022
  • astarAstar (ASTR) $ 0.078830
  • arkhamArkham (ARKM) $ 1.91
  • memecoin-2Memecoin (MEME) $ 0.021385
  • pax-goldPAX Gold (PAXG) $ 2,328.34
  • golemGolem (GLM) $ 0.429002
  • apenftAPENFT (NFT) $ 0.00000043
  • polymeshPolymesh (POLYX) $ 0.403706
  • aerodrome-financeAerodrome Finance (AERO) $ 0.849169
  • manta-networkManta Network (MANTA) $ 1.28
  • paypal-usdPayPal USD (PYUSD) $ 0.997839
  • curve-dao-tokenCurve DAO (CRV) $ 0.324900
  • ocean-protocolOcean Protocol (OCEAN) $ 0.629856
  • echelon-primeEchelon Prime (PRIME) $ 9.95
  • stepnGMT (GMT) $ 0.193708
  • dydxdYdX (ETHDYDX) $ 1.53
  • compound-ethercETH (CETH) $ 72.27
  • usdbUSDB (USDB) $ 0.998497
  • osmosisOsmosis (OSMO) $ 0.606703
  • kusamaKusama (KSM) $ 26.69
  • wemix-tokenWEMIX (WEMIX) $ 1.08
  • pepecoin-2PepeCoin (PEPECOIN) $ 3.32
  • biconomyBiconomy (BICO) $ 0.476953
  • cat-in-a-dogs-worldcat in a dogs world (MEW) $ 0.004249
  • mx-tokenMX (MX) $ 3.82
  • safepalSafePal (SFP) $ 0.801718
  • compound-governance-tokenCompound (COMP) $ 53.72
  • aragonAragon (ANT) $ 9.13
  • radixRadix (XRD) $ 0.034876
  • zilliqaZilliqa (ZIL) $ 0.019607
  • holotokenHolo (HOT) $ 0.002039
  • superfarmSuperVerse (SUPER) $ 0.799739
  • celoCelo (CELO) $ 0.667333
  • dymensionDymension (DYM) $ 2.04
  • terra-luna-2Terra (LUNA) $ 0.521444
  • jito-governance-tokenJito (JTO) $ 2.89
  • altlayerAltLayer (ALT) $ 0.229515
  • ankrAnkr Network (ANKR) $ 0.034914
  • 0x0x Protocol (ZRX) $ 0.410486

This Is the Direction BONK Price Could Take Following 20% Decline  

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BONK’s price is no stranger to volatile moves, as the meme coin managed to chart a new all-time high and attempted to chart another.

As the latter failed to succeed, the altcoin fell massively, which could be followed by consolidation.

BONK Investors Lose Optimism

BONK’s price has been declining, not just on the charts but also in holders’ confidence. Evident in the asset’s Open Interest, investors seem to be pulling their money out of investing in BONK in any way.

In the last 48 hours, Open Interest fell by $8 million, bringing it down to $16 million from $24 million. While the funding rate is still positive, suggesting a dominance of long contracts, the drop in OI is still bearish for BONK.

This Is the Direction BONK Price Could Take Following 20% Decline  

BONK Open Interest. Source: Coinglass

However, the Relative Strength Index (RSI) holds above the neutral line at 50.0. The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements on a scale of 0 to 100. It helps identify overbought or oversold conditions, with readings above 70 indicating overbought and below 30 indicating oversold.

This Is the Direction BONK Price Could Take Following 20% Decline  

BONK RSI. Source: TradingView

Generally, the indicator bouncing into the bullish zone is considered to be a bullish outcome. If BONK faces the same, it could bounce back.

BONK Price Prediction: Neither up nor Down

The BONK price could be seeing sideways action because of the mixed signals across the market. While the OI exhibits bearishness, the RSI counters it with bullish signals. As a result, BONK is looking at consolidation.

The meme coin could remain stuck between $0.00003769 and $0.00003182. This would allow the crypto asset to regain its investors’ confidence before initiating a rally.

This Is the Direction BONK Price Could Take Following 20% Decline  

BONK Price Analysis. Source: TradingView

Should the meme coin break out of the upper limit of the consolidation, it could head towards $0.00004000. This would enable further rally, invalidating the neutral-bearish thesis.

Source

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