Bonk (BONKUSD) Price Forecast: January 16
BONKUSD price will keep pushing up based on the outlook. The crypto at the moment is currently recovering and facing the upper channel. Therefore, if the currency closes above the high point of $0.0000179, the increased buying pressure can push it up to the higher resistance level of $0.0000240, resulting in an intraday gain and a potential buy signal for the coin holders.
Key Levels:
Resistance Levels: $0.0000130, $0.0000140, $0.0000150
Support Levels: $0.0000090, $0.0000080, $0.0000070
BONK (USD) Long-term Trend: Bullish (4H Chart)
BONKUSD turns positive today and will keep rising, as can be seen from the chart below. The coin price now trades in the upper channel of the market and confirms a bullish race. This is due to the high impact of the buy investors in the coin market.
The sustained bullish pressure pushed the currency pair up to the $0.0000150 supply level during the previous action and sustained it. This has made it possible for the coin to remain firm in an uptrend in its recent high.
The price of Bonk finds a reliable resistance at the $0.0000153 trend line above the moving averages as the 4-hour session begins today, resulting in intraday gains. This will enable the coin price to keep rising and fuel the release of more buy investors into the market.
As of now, the price signal is pointing upwards indicating that the price of Bonk Will keep rising and in this case, the coin price will keep rising and could jump up to hit the $0.0000240 upper supply mark sooner in its long-term outlook.
BONK (USD) Short-term Trend: Bullish (1H Chart)
Analyzing the chart below, we can see that BONKUSD will keep rising as it remains in a strong bullish market zone. The price currently trades above the EMA making higher highs and moving towards the major upper resistance area. 
The high bullish impact on the crypto at the $0.0000150 high level in the previous action has contributed to its bullishness in its recent high.
The strong push by buyers to the $0.0000151 resistance trend line above the moving averages as the 1-hour chart opens today shows that the price of Bonk will keep rising. Thus, if the long traders could break above the $0.0000179 supply mark, the bearish thesis will be invalidated.
Likewise, there is a possibility that the BONKUSD price will keep rising as indicated by the price signal which is pointing in an upward direction. This may extend the price of Bonk to a high at $0.0000240 upper resistance value soon in its lower time frame.
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