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Cryptocurrency News Articles
BONK Price Prediction: Can BONK Price Rally to $1 Within the Next 30 Days?
Mar 20, 2025 at 11:17 pm
BONK, one of the most hyped meme coins in recent history, has been on a rollercoaster ride. After experiencing massive spikes followed by deep corrections,
Recently, there has been a lot of buzz around BONK, one of the most hyped meme coins. As the digital token experiences massive spikes followed by deep corrections, traders are wondering: Can BONK price rally to $1 within the next 30 days?
Let’s take a look at the latest price action, technical indicators, and market trends to assess BONK’s potential.
Is Bonk In A Reversal Phase?
Analyzing the daily chart, BONK has been consolidating after a prolonged downtrend. The current price stands at $0.00001193, reflecting a 4.24% daily gain.
Despite a recent uptick, the price remains significantly below its previous highs, suggesting that buyers are stepping in but still lack strong conviction.
The Relative Strength Index (RSI) is at 43.53, indicating that BONK is in neutral territory—not oversold but still below the critical 50 level. This signals a shift in momentum.
Can Bonk Maintain Its Support Levels?
The price of BONK has tested the $0.00001050 support level multiple times, making it a key zone to watch. If this level holds, we may see an upward trajectory toward the next resistance levels at $0.00001400 and $0.00002000.
However, failure to hold this range could lead to another drop toward $0.00000900.
A notable MACD crossover is forming on the daily chart, where the MACD line is attempting to cross above the signal line. This would be a bullish confirmation that momentum is shifting in favor of buyers.
What Are The Key Resistance Levels?
For BONK to see explosive growth, it must clear significant resistance levels:
A strong close above $0.00001400 with high volume would confirm bullish intent.
Will Bonk Reach $1 In The Next 30 Days?
To reach $1 within 30 days, BONK would need an astronomical 8,385,000% increase from its current price. Such a rapid appreciation is nearly impossible in such a short time frame.
However, short-term gains of 100% to 200% are achievable if the current uptrend gains momentum. Several factors could influence BONK’s price action.
Can Bonk Deliver High Returns?
While a surge to $1 in 30 days is highly unlikely, short-term gains from the current price point are still possible. The technical setup suggests that a breakout is forming, but confirmation above $0.00001400 is needed to fully ignite the next leg of the uptrend.
Traders should keep a close eye on the RSI for signs of overbought/oversold conditions, the MACD crossover for changes in momentum, and volume spikes to gauge the strength of the next move.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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