As a seasoned researcher with over a decade of experience in the cryptocurrency market, I have witnessed countless bull runs and bear markets. However, the current surge in meme-based cryptocurrencies like Bonk (BONK) has caught my attention. The predictions made by prominent analysts such as Bluntz, who suggests a potential bullish rally taking BONK to $0.000033, are intriguing.
Recently, popular meme-based cryptocurrencies such as Shiba Inu (SHIB) and Pepe (PEPE) have experienced a rise in their prices. This bullish trend seems to be affecting Solana’s meme coin Bonk (BONK) too, with its price fluctuations hinting at an upcoming bull run. Given this context, a crypto analyst predicts that Bonk is poised for a substantial increase.
Analyst Predicts Legendary Target At $0.000033
As a crypto investor, I’m excited about the latest insight shared by the well-respected trader and analyst, Bluntz. In a recent post on X (formerly Twitter) on September 30, he highlighted that Bonk is currently primed for what he calls a “turbo green week.” This suggests a significant potential increase in value for Bonk in the coming days. Keep your eyes on this crypto gem!
He disclosed that the meme coin had experienced a quick and minor price dip during the week. However, the analyst sees this price decline as a positive sign, suggesting that it creates an opportunity for Bonk to enter a significantly bullish position, potentially triggering a legendary rally.
As a researcher, I’m excited to share my analysis on Bonk’s price movements over the past month. In his chart, Bluntz suggests that this meme coin might surge towards unprecedented highs at an accelerated pace. Delving into his predictions for Bonk’s future price trends, it appears that the coin could rise within a range of $0.000028 to $0.000027 before dipping to a support level between $0.000026 and $0.000025.
Following this point, it’s anticipated that Bonk will significantly increase to approximately 0.00003 USD, only to then decrease again to around 0.000028 USD. In the upcoming ‘turbo green week’, Bluntz has hinted that Bonk could hit a new record high of 0.000033 USD. The analyst also shared that for Bonk to experience a bullish price surge, it will first need to go through roughly three days of crucial sideways trading.
Currently, the cost of Bonk stands at $0.00002, marking a modest uptick of 3.86% over the last seven days. To reach projected peaks of $0.000033, the meme coin would need to surge by roughly 65%.
BONK Set To Outperform PEPE
In a positive forecast for Bonk’s value, Bluntz revealed that Bonk could potentially surpass Pepe in terms of meme coin dominance. This implies that while Bonk continues to gain traction, Pepe’s growth appears to be slowing down following a substantial price surge.
As a crypto investor, I’ve noticed that the analyst has pointed out a “higher low” on the BONK/PEPE chart, which means Bonk might be gearing up for a more robust price surge compared to Pepe. Generally, a higher low happens when a cryptocurrency experiences a dip but manages to hold its worth above its earlier low point, suggesting a possible extension of an upward trend.
Regarding Bonk, Bluntz disclosed that it is currently ranked among popular meme tokens such as Dogewhatever (WIF) and Pepe. These coins are exhibiting strong bullish trends at present. However, contrary to this optimistic outlook, the cryptocurrency has dropped by more than 10% in the last 24 hours.
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2024-10-03 21:40