BONK Price Recovers from Sell-off
This is a news story, published by CoinGape, that relates primarily to OI-Weighted Funding Rate of -0.0028 news.
crypto trading & speculation news
For more crypto trading & speculation news, you can click here:
more crypto trading & speculation newsCoinGape news
For more news from CoinGape, you can click here:
more news from CoinGapeAbout the Otherweb
Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like crypto trading & speculation news, you might also like this article about
BONK price. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest BONK Price Teeters news, recent price corrections news, crypto trading & speculation news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
BONK coinCoinGape
•BONK Price at Risk of Losing 180-Day Support as Traders Seek More Discount
66% Informative
BONK price recorded an 8% jump on Tuesday , witnessing a short relief rally from a recent market sell-off.
Average Directional Index (ADX) has surged to 19% , indicating that sellers are emerging as the dominant force in the current market.
The average OI-Weighted Funding Rate of -0.0028 , signaling traders are paying to hold short positions.
The ADX Indicator's uptick at 19% signals strength in bearish market momentum.
A potential rebound could uplift the asset by over 30% to target $ 0.0000266 .
VR Score
47
Informative language
36
Neutral language
43
Article tone
formal
Language
English
Language complexity
44
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
2
Source diversity
2
Affiliate links
no affiliate links