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The Bonk price surged 9% in the last 24 hours, to trade at $0.00004612 as of 07:48 p.m. EST on trading volume that skyrocketed 69% to $942 million, according to Coingecko Bonk Price Gearing Up Towards A Sustained Bullish Trend Reversal The Bonk price is currently on a slight correction after a significant rally in November. The bulls continue to capitalize on the $0.00002090 support level to maintain the price of Bonk above both the 50-day and 200-day Simple Moving Averages (SMAs). After the surge, BONK is now trading within the boundaries of a falling channel pattern, but with the prospects of a breakout, as the Bonk price now touches the upper boundary of the channel. The current Relative Strength Index (RSI) value is 57.20, which is in the neutral-to-bullish zone. This indicates that the price has room to rise further before entering overbought territory. A recent upward shift in RSI reflects a recovery in momentum after the consolidation on the 12-hour timeframe. Meanwhile, t...

The Catizen price dropped 14% in the last 24 hours to trade at $0.7596 as of 00:31 a.m. EST on trading volume that plunged 20% to $318 million. There is a notable increase in interest in CATI following its listings on multiple decentralized exchanges. The buzz surrounding its listings has motivated more investors to join the community. Can the increasing buzz push the Catizen price toward a reversal? Catizen Price Bearish – A Bullish Trend Reversal Possible? After its launch on September 20, the Catizen price has been in a sustained downtrend, trading within a falling wedge pattern from the $1.2 resistance to the $0.73 support level, according to data from GeckoTerminal . CATI now trades below the 50-day Simple Moving Average (SMA) (0.8567), which is a confirmation of the downtrend. Moreover, the Relative Strength Index (RSI) also trades on a downtrend, currently at 30 as it hurtles below the 30-oversold region, which shows that CATI is under intense selling pressure. The ...