FLOKI and BONK Lead Gains — Are Memes Preparing a December Surprise Rally?
Memecoins are stealing the spotlight with unexpected gains. FLOKI and BONK are showing strong performance, hinting at a possible surge in the market. Enthusiasts are eager to see if these trends signal a larger movement in December. This article delves into which coins might be gearing up for notable growth.
FLOKI on a Rollercoaster: Price Swings Show Growth Potential
Source: tradingview
FLOKI is currently trading between four-one-one-two and five-zero-two-zero micro-dollars. It has shown a price dip of almost 20% over the last month but has risen by 16% this week. The price nears the nearest resistance at five-five-one-one micro-dollars, while support rests at three-six-nine-six. The coin leans on a positive trend with a 10-day average that exceeds the 100-day average. Investors watch the Relative Strength Index of 61, indicating more buys than sells. If momentum holds, breaking past the next resistance could see FLOKI spike over 27% within days, suggesting a strong potential for future growth.
Bonk (BONK) Eyes Recovery with Positive Short-Term Momentum
Source: tradingview
Bonk, a lesser-known cryptocurrency, has been making small waves. Its current price dances just below one-hundredth of a cent. It recently gained nearly 9% over the past week, bringing some hope to investors. However, it's still quite below its 10-day moving average, showing a slump over the last month. The current push might head towards the nearest resistance just above its current range. A break past this level could mean a further climb to the next resistance point, which is a good jump away. If Bonk manages to ride this wave, it could aim for an increase around twenty-fifty percent in the short term. Investors remain cautiously optimistic.
Conclusion
FLOKI and BONK have shown significant gains, drawing attention in the crypto market. These meme coins could be hinting at a potential rally in December. Their performance might attract more interest and investment. The upcoming weeks will reveal if these gains can be sustained and lead to wider momentum. For now, FLOKI and BONK dominate discussions with their impressive rallies.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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