BONE crypto has been involved in a fierce battle since the beginning of the price structure, with bulls initially dominating but bears coming in on March 5th, 2024, resulting in bulls losing momentum and bears taking over to create lower lows and highs on the daily chart.
The price remains below resistance levels from the 20-day and 50-day EMAs and is tracking a downward trendline on the daily chart. Meanwhile, RSI is at 41.10 declining below, and MACD is below zero line which has formed a bullish cross.
At the time of writing, the BONE cryptocurrency faced a decrease of -4.89% within the past day and is presently being exchanged at $0.742570.
If the BONE cryptocurrency price drops below the $0.700 threshold, it may continue to decrease and reach even lower points.
Conversely, should there be a surge in demand for the BONE asset price, it may rebound significantly from its present level. The next target for the price may be to hit the $1.0000 price level.
The price remains below resistance levels from the 20-day and 50-day EMAs and is tracking a downward trendline on the daily chart. Meanwhile, RSI is at 41.10 declining below, and MACD is below zero line which has formed a bullish cross.
At the time of writing, the BONE cryptocurrency faced a decrease of -4.89% within the past day and is presently being exchanged at $0.742570.
If the BONE cryptocurrency price drops below the $0.700 threshold, it may continue to decrease and reach even lower points.
Conversely, should there be a surge in demand for the BONE asset price, it may rebound significantly from its present level. The next target for the price may be to hit the $1.0000 price level.