
April was a brutal month for the crypto market as a whole, especially for altcoins, which hit their lowest point of the year. However, with trade tensions calming down and Bitcoin making a strong recovery toward the $100,000 mark, leading altcoins are also showing signs of life.
As positive economic conditions continue to roll in, experts believe that we could see some altcoins make a strong comeback in May.
Here are three altcoins to watch as they prepare for a potential move up in the coming weeks.
Bonk Price Analysis
Bonk price has been trading in a narrow range between $0.0000212 and $0.000018 for several days, showing that buyers are stepping in near the lower end and sellers are active near the top.
As the price action continues to move sideways, there is still a possibility that we could see more volatility in both directions. If buyers manage to push BONK above $0.00
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