😱🚀🚀BONK Price Analysis: Analyst Eyes New All-Time High
$BONK (#BONK ) is about to catch a bid with the higher value, with the entire meme coin market trending massively bound. Recently, leading meme coins like FLOKI, SHIB, and PEPE have been heated, while lots of grounds have been created around the same to be expected with BONK.
Approval for an Ethereum ETF will add to the general feeling of bullishness across the wider crypto market and is likely to exert upward pressure on a positive wave across the market, benefitting BONK. This week, this coin has rallied by almost 6%. For a bigger perspective, the price has surged by almost 45% in the last 30 days.
As of now, Bonk is priced at $0.00003394, with a 24-hour trading volume of $432.03 million and a market cap of $2.28 billion. The coin price has increased by 1.68% in the last 24 hours, indicating continued investor interest and market momentum.
Analyst Eyes New All time-high for BONK
Renowned crypto analyst CryptoJack has shared an optimistic outlook on the price trajectory of BONK. In his recent analysis, CryptoJack emphasized that the coin is following the expected pattern he detailed last week.
The analyst noted that the price of the coin was rejected by the resistance and now needs to bounce from the orange area of support to stay bullish. If BONK can stay above this support area, he anticipates new all-time highs (ATHs) soon.
Approval for an Ethereum ETF will add to the general feeling of bullishness across the wider crypto market and is likely to exert upward pressure on a positive wave across the market, benefitting BONK. This week, this coin has rallied by almost 6%. For a bigger perspective, the price has surged by almost 45% in the last 30 days.
As of now, Bonk is priced at $0.00003394, with a 24-hour trading volume of $432.03 million and a market cap of $2.28 billion. The coin price has increased by 1.68% in the last 24 hours, indicating continued investor interest and market momentum.
