![BONE Price Analysis for September 16](https://u.today/sites/default/files/styles/736x/public/2023-09/40222.jpg)
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Bulls are trying to be back in the game again, according to CoinStats.
![Article image](/sites/default/files/inline-images/top10_659.png)
BONE/USD
Unlike other coins, the rate of BONE has dropped by 1.52% since yesterday.
![Article image](/sites/default/files/inline-images/bone1.png)
On the hourly chart, the price of BONE might have found the local support level of $0.7973. If the daily bar closes above the $0.80 area, one can expect an upward move to the $0.82 range tomorrow.
![Article image](/sites/default/files/inline-images/bone2.png)
On the bigger time frame, the price of BONE is in the middle of a wide channel, getting energy for a sharp move. As neither buyers nor sellers have seized the initiative yet, ongoing consolidation in the range of $0.80-$0.82 is the more likely scenario for the upcoming week.
![Article image](/sites/default/files/inline-images/bone3.png)
From the midterm point of view, the rate of BONE is far even from a local rise as there are no prerequisites for that. If buyers want to be back in the game, they need to fix the price above the nearest resistance of $0.9111.
However, it might take a few weeks for that to happen.
BONE is trading at $0.8084 at press time.