click here to collect NOT Coin đȘđȘđȘ A crypto analyst predicts that the Solana-based meme coin Bonk (BONK) is set for a significant price surge, similar to the recent increases seen in meme coins like Shiba Inu (SHIB) and Pepe (PEPE). According to the expert, Bonk's price has been showing positive signs and is ready for a major rally.
### Analyst Predicts BONK Will Reach $0.000033
Bluntz, a well-known crypto trader, shared his bullish outlook for Bonk on September 30. He believes the coin is about to experience a "turbo green week," despite a brief drop in its price earlier in the week. Bluntz views this dip as a buying opportunity, with Bonk set to embark on a legendary rally.
Bluntz posted a price chart of Bonk, forecasting a sharp rise. He expects the coin to move between $0.000028 and $0.000027 before finding support around $0.000026 to $0.000025. From there, Bonk is predicted to rise to $0.00003 before a slight pullback to $0.000028, followed by a final surge to $0.000033. He noted that Bonk would need about three days of sideways movement to confirm the breakout.
At present, Bonk is trading at $0.00002, marking a 3.86% increase over the past week. To reach Bluntz's target of $0.000033, Bonk would need to gain an additional 65%.
Bluntz also suggested that Bonk may soon surpass Pepe as the leading meme coin. While Pepe's price growth has slowed after its recent surge, Bonk is gaining momentum. He pointed out a "higher low" in the BONK/PEPE chart, signaling that Bonk could rise higher than Pepe. A "higher low" occurs when a cryptocurrency's price dips but remains above a previous low, indicating a potential uptrend.
Bluntz also mentioned that Bonk, along with other meme coins like Dogwifhat (WIF) and Pepe, is showing promising signs. However, despite this optimistic outlook for meme coins, Bitcoin recently dropped by over 10% within 24 hours.
