Bonk’s currency price rose in latest intraday trading, managing to pierce the main downward trend line in the short term, while trespassing the resistance of the 50-day SMA, thus shaking off all its negative pressures at once, with negative signals streaming from the Stochastic after reaching overbought levels, pressuring upcoming moves.

Therefore we expect the price to rise in upcoming trading as long as it settles above $0.00001330, targeting the resistance of $0.00001587.

Today’s price forecast: Bullish

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