BONK Price Prediction: 400% Breakout Looms as BONK Overtakes DOGE and SHIB in Trader Watchlists
BONK crypto is sliding proper now, dropping with the remainder of the market in what feels extra like “Rektober” than “Uptober.” Most cash are getting hit exhausting, however analysts say the long-term value prediction for BONK hasn’t modified. They nonetheless see it bouncing again as “the #1 memecoin of this cycle” as soon as the market flips bullish once more.
BONK’s comeback is carefully tied to Solana’s rise. As SOL keeps pushing toward new highs, the highest memecoins on the community are beginning to get up, too. As a outcome, BONK is stealing some consideration from Dogecoin and Shiba Inu, as merchants place for what could possibly be the following huge Solana supercycle.
Can BONK Repeat DOGE’s Chart Explosion?
The technicals are lining up, too. BONK has been in accumulation for greater than 650 days, which is why many merchants are calling for a large rally quickly. The chart seems to be rather a lot like what DOGE confirmed earlier than it went vertical. It may not pump as exhausting, however the base sample is sort of equivalent.
BONK seems to be able to kick off the following memecoin season on Solana and take the highlight once more. It already confirmed its influence a number of months in the past when USELESS coin launched by way of the BONK platform, and now USELESS simply hit a brand new all-time high.
With SOL getting near a breakout, BONK’s on-chain information reveals extra long-term holding than short-term flipping.
Data from Coinglass backs that up. BONK noticed round $4.33M in trade outflows on Oct. 9, persevering with a pattern of unfavourable netflows. That means huge holders are shifting their tokens off exchanges and into personal wallets, often a bullish signal.
Bonk Price Prediction: 400% Breakout on the Horizon for BONK?
The BONK chart is displaying indicators that the lengthy downtrend may lastly be cooling off, hinting {that a} backside could possibly be forming. Price is urgent proper below the principle descending trendline from its peak, which frequently means a breakout could possibly be loading up.
The 0.0000185–0.0000169 vary is appearing as sturdy help. If BONK can flip the 0.000022 zone into help, it might kick off a transfer towards 0.000026 and probably stretch to the 400% goal close to 0.000040, which strains up with the following main resistance space.
The RSI is sitting round mid-range, so there’s nonetheless room to maneuver up, and MACD seems to be prefer it’s preparing for a bullish crossover. Overall, BONK seems to be prefer it’s in an accumulation section earlier than a potential breakout, but it surely wants to carry that crimson help zone to maintain the bullish setup alive.
Maxi Doge: The Next Big Memecoin After BONK?
BONK is heating up once more as Solana’s high memecoin, however over on Ethereum, Maxi Doge is stealing the highlight. With BONK hinting at a breakout, merchants are already attempting to find the following meme rocket, and Maxi Doge suits that invoice.
Fresh out of presale and already elevating over $2.8M, Maxi Doge blends Dogecoin’s legacy with fashionable meme tradition. It’s constructed round a jacked “health club bro” Doge who lives for hype and high-leverage performs—no pretend utility, simply pure meme vitality.
Nearly 40% of the availability went straight to public presale with no insider allocations, decreasing whale dump dangers. Plus, holders can earn as much as 119% APY by way of staking earlier than the presale even ends.
With memecoin season reviving due to BSC and BNB momentum, Maxi Doge could possibly be the one main the following wave, this time on Ethereum.
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