Baby Bonk (BABYBONK) Price Prediction 2024, 2025–2030 | CoinCodex (2024)

According to our current Baby Bonk price prediction, the price of Baby Bonk is predicted to rise by 219.94% and reach $ 0.0₉1291 by June 18, 2024. Per our technical indicators, the current sentiment is Neutral while the Fear & Greed Index is showing 72 (Greed). Baby Bonk recorded 15/30 (50%) green days with 27.08% price volatility over the last 30 days. Based on the Baby Bonk forecast, it's now a good time to buy Baby Bonk.

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Based on the historical price movements of Baby Bonk and the BTC halving cycles, the yearly low Baby Bonk price prediction for 2025 is estimated at $ 0.0₁₀4036. Meanwhile, the price of Baby Bonk is predicted to reach as high as $ 0.0₉1854 next year. Using the same basis, here is the Baby Bonk price prediction for each year up until 2030.

Baby Bonk price prediction 2025

The Baby Bonk price prediction for 2025 is currently between $ 0.0₁₀4036 on the lower end and $ 0.0₉1854 on the high end. Compared to today’s price, Baby Bonk could gain 355.67% by 2025 if BABYBONK reaches the upper price target.

Baby Bonk price prediction 2030

The Baby Bonk price prediction for 2030 is currently between $ 0.0₁₀9593 on the lower end and $ 0.0₉1555 on the high end. Compared to today’s price, Baby Bonk could gain 282.37% by 2030 if it reaches the upper price target.

Popular BABYBONK Moving Averages and Oscillators for Sun, May 19, 2024

Moving averages (MA) are a popular indicator in all financial markets, designed to smooth price action over a certain amount of time. They are a lagging indicator which means they are influenced by historical price activity. In the table below you can find two types of moving averages, simple moving average (SMA) and exponential moving average (EMA).

Baby Bonk Oscillators

An oscillator is a technical analysis tool that constructs high and low bands between two extreme values, and then builds a trend indicator that fluctuates within these bounds. Traders use the trend indicator to discover short-term overbought or oversold conditions.

Baby Bonk Key Price Levels

Based on today's classical pivot point (P1) with the value of $ 0.0₁₀4140, Baby Bonk has support levels of $ 0.0₁₀3901, $ 0.0₁₀3646, and the strongest at $ 0.0₁₀3408. Similarly, Baby Bonk resistance levels are at $ 0.0₁₀4395, $ 0.0₁₀4634, and $ 0.0₁₀4889.

Baby Bonk Correlation

Over the past 7 days, Baby Bonk price was most positively correlated with the price of and most negatively correlated with the price of .

Baby Bonk price is correlated with the top 10 coins by market cap with a price of , excluding Tether (USDT) and correlated with the top 100 coins by market cap excluding all stablecoins with a price of .

Currencies that are positively correlated with Baby Bonk indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Baby Bonk, a move in one direction for Baby Bonk would translate into a move in the opposite direction for the negatively correlated coin.

To get a better idea of what could happen to the Baby Bonk price in the future, it’s helpful to also explore Baby Bonk’s price history. In the last month, the BABYBONK/USD pair is down .

How to read and predict Baby Bonk price movements?

Baby Bonk traders use a variety of tools to try and determine the direction in which the BABYBONK market is likely to head next. These tools can roughly be divided into indicators and chart patterns. When trying to predict the Baby Bonk price, traders also try to identify important support and resistance levels, which can give an indication of when a downtrend is likely to slow down and when an uptrend is likely to stall.

Baby Bonk Price Prediction Indicators

Moving averages are among the most popular Baby Bonk price prediction tools. As the name suggests, a moving average provides the average closing price for BABYBONK over a selected time frame, which is divided into a number of periods of the same length. For example, a 12-day simple moving average for BABYBONK is a sum of BABYBONK’s closing prices over the last 12 days which is then divided by 12.

In addition to the simple moving average (SMA), traders also use another type of moving average called the exponential moving average (EMA). The EMA gives more weight to more recent prices, and therefore reacts more quickly to recent price action.

50-day, 100-day and 200-day moving averages are among the most commonly used indicators in the crypto market to identify important resistance and support levels. If the BABYBONK price moves above any of these averages, it is generally seen as a bullish sign for Baby Bonk. Conversely, a drop below an important moving average is usually a sign of weakness in the BABYBONK market.

Traders also like to use the RSI and Fibonacci retracement level indicators to try and ascertain the future direction of the BABYBONK price.

How to read Baby Bonk charts and predict price movements?

Most traders use candlestick charts, as they provide more information than a simple line chart. Traders can view candlesticks that represent the price action of Baby Bonk with different granularity – for example, you could choose a 5-minute candlestick chart for extremely short-term price action or choose a weekly candlestick chart to identify long-terms trends. 1-hour, 4-hour and 1-day candlestick charts are among the most popular.

Let’s use a 1-hour candlestick chart as an example of how this type of price chart gives us information about opening and closing prices. The chart is divided into “candles” that give us information about Baby Bonk’s price action in 1-hour chunks. Each candlestick will display BABYBONK’s opening price, closing price, as well as the highest and lowest prices that Baby Bonk reached within the 1-hour period.

It’s also important to pay attention to the color of the candle – a green candle means that the closing price was higher than the opening price, while a red candle tells us the opposite. Some charts will use hollow and filled candlestick bodies instead of colors to represent the same thing.

What affects the price of Baby Bonk?

Just like with any other asset, the price action of Baby Bonk is driven by supply and demand. These dynamics can be influenced by fundamental events such as block reward halvings, hard forks or new protocol updates. Regulations, adoption by companies and governments, cryptocurrency exchange hacks, and other real-world events can also affect the price of BABYBONK. The market capitalization of Baby Bonk can change significantly in a short period of time.

When trying to make a Baby Bonk forecast, many traders also try to monitor the activity of BABYBONK “whales”, which are entities and individuals that control large amounts of BABYBONK. Since the Baby Bonk market is relatively small compared to traditional markets, “whales” can single-handedly have a big influence on Baby Bonk’s price movements.

Bullish and bearish price prediction patterns

Some traders try to identify candlestick patterns when making cryptocurrency price predictions to try and get an edge over the competition. Some candlestick formations are seen as likely to forecast bullish price action, while others are seen as bearish.