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Bonk is negotiating a primary trend-defining level with its price now around $0.00001866. Expert analysts highlight BONK’s massive potential for an explosive move on condition that the Solana meme coin sustains support and completes the formation of an emerging shoulder-head-shoulder pattern.
In addition to the Solana meme coin Bonk, Ethereum-based Remittix is also on track for an explosive uptick, with some analysts forecasting a 3,000% surge on launch. Remittix's RTX is in presale mode and has raised over $15 million in a brief spell.
After dipping 22% on its year-to-date chart, BONK briefly lost its position as the second largest Solana meme coin, leaving room for Fartcoin. Bonk is now on a recovery path with its price surging 56% in the last 30 days, adding to a bi-weekly uptick of 4.8%.
BONK’s current price movement highlights an imminent technical shift as the Solana meme coin tests the 200-day SMA to break through to higher zones. BONK is yet to set up a serious bullish recovery after dipping from its November 2024 highs of $0.00005.
With BONK’s price facing significant rejection along the descending trendline of an ascending wedge, onlookers anticipate a third attempt at breaching this zone that has formed at $0.000025.
Analysts have identified BONK as one of the top Solana meme coins primed for lift-off on the backdrop of BONK’s growing trading volume and strong trend alignment.
Over 80% of BONK’s community remains bullish despite the Solana meme coin’s flailing price. A recent 98% uptick in BONK’s trading volume over April left most onlookers with bullish speculations as some anticipated a breakout from a months-long downtrend. However, whether BONK will breach this critical resistance zone remains to be seen.
BONK might be setting the stage for a comeback, but its current price remains 68% below its ATH 6 months ago. That leaves room for bigger gains once the Solana meme coin market recovers completely. With BONK as a top contender among Solana meme coins, analysts have identified it as one of the best cryptos to buy now, this coming altcoin season.
As BONK reclaims its position among the top Solana meme coins, Remittix’s RTX presale is capturing investor attention in a move that has seen analysts forecast a potential 3,00% rally once it launches.
Currently, RTX is changing hands at $0.0757 in its presale. This is the utility token for Remittix's revolutionary PayFi protocol on a mission to reinvent cross-border payments. Remittix facilitates crypto-to-fiat payments simply and intuitively, obscuring the complexities of crypto transactions.
Crypto holders can use Remittix to send funds across its local payment network, which supports over 30 fiat currencies. Even though the transaction starts from a crypto wallet, the recipient receives a bank transfer in the fiat currency of their choice.
Every transaction comes at a flat fee with zero hidden costs and charges. The recipient doesn't need to know crypto’s ins and outs, making Remittix's PayFi protocol ideal for mass adoption.
Remittix also caters to businesses and facilitates their acceptance of crypto payments thanks to the Remittix Pay API that supports over 40 cryptocurrencies, including stablecoins.
By facilitating seamless crypto-to-fiat payments for retail users and businesses worldwide, Remittix is spearheading the future of cross-border payments in a move that looks to break into a $250 trillion remittance market.
So far, RTX’s ongoing presale has sold over 90% of RTX’s 1.5 billion token supply. Now is the best time to jump in and take advantage of its deeply discounted rates.
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
