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Trading Volume Booms in BONK’s Bullish Week What to Expect Next
Bonk (BONK) has up 16.4% this week, according to TradingView.
Bonk, the fifth-ranked meme currency on Solana by market size, has up 30% from its monthly lows.
Its latest rise came amid rising trade volumes. Yahoo Finance reports $223 million in BONK traded on major exchanges on September 26.
This is the largest trading volume in one day since August 6, yet the day isn't done.
Bonk's comeback from September lows coincides with a crypto market increase.
Last week, the Fed began decreasing rates, and falling worries of a US recession have increased risk appetite.
Risk assets benefit from a fresh rate-cutting cycle, which should boost global liquidity.
Some expect a new meme season.
Bonk, a prominent Solana meme coin, may benefit.
This might be its next step.
What's Next for BONK?
BONK chat isn't enthusiastic about a fresh meme season.
BONK, however, remains below its summer upswing.
Bears may fade a short-term comeback to $0.0000028.
Week of BONK Bullishness
The October–December 2023 meme season will be remembered by traders.
Bears were blown out of the water by BONK, which increased 10x.
Solana meme coin BONK may not 10x again, but it might easily break its $0.0000040 record highs.
#HMSTRonBinance
#BinanceLaunchpoolHMSTR
#CATIonBinance
#BONK
$BONK
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End of 2024: XRP Reach $3? Ripple Investors Expect a Massive Rally XRP has dropped 4% today to $1.09 while the cryptocurrency market has lost 2% in 24 hours. XRP is correcting following a spectacular week, when anticipation of a meeting between President-elect Trump and Ripple CEO Brad Garlinghouse sent the cryptocurrency up 61%. XRP has risen 113% in two weeks, and many investors and experts predict it to conclude 2024 strongly. Veteran trader Peter Brandt recently said that if the currency can exceed its 2021 high of $1.96, it will rise in the next months. End of 2024: XRP Reach $3? Investors expect a significant rally when XRP breaks past highs, with the 2023 high of $0.82 already behind it, according to Brandt on X. He also highlighted that XRP's price chart has formed a “massive coil” during the last several weeks, indicating a narrowing range. But the currency has broken out of this narrow range, with pro-crypto Donald Trump's victory potentially initiating a new bull market. Since Garlinghouse spoke with Trump recently, XRP has benefited more than other key coins from current bull market. The fact that Trump is likely to fire Gary Gensler as SEC chairman might alter the regulator's stance on Ripple and XRP. These variables might help XRP reach a record high. Today, XRP's chart shows a short-term pullback as traders take gains from previous rises. Its relative strength index (purple) fell below 50 today and may reach 30 before rising again. XRP's 30-period moving average (orange) is likewise falling following a lengthy increase, supporting this notion. Based on these factors, the alt may drop below $1.06 in one or two days before additional buyers drive it back to $1.20. XRP might reach $1.80 by year's end and $2.50 by H2 2025, however other experts are more enthusiastic. #XRPPriceAction #BinancePoolFractalBitcoin #MajorUnlocks $XRP
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Bitcoin ‘Parabolic Phase Just Begun’: Will BTC Hit $100,000 This Week? Over the last two weeks, Bitcoin has risen 32% to $89,000–$90,000. BTC soared 11% last Monday, setting the stage for its two-day rally to $93,400. Since then, Bitcoin has traded between $89,000 and $92,000, briefly dropping to $87,000 on Friday. Bitcoin had its biggest weekly closing ever over the weekend. According to crypto expert Rekt Capital, BTC is just entering its “parabolic phase,” as week three of the cycle's “first price discovery uptrend” began today. The expert said BTC has normally had 300 days of parabolic surge, with the first substantial downturn occurring over a month after price discovery. Six weeks passed before the flagship crypto's first substantial decline in 2013, according to the report. BTC rose for eight weeks in 2017 before falling. In 2020-2021, it rose for four weeks before retracing significantly. The analyst believes “history suggests there’s more upside to come and that the first Price Discovery Correction is still weeks away.” Bitcoin seems to be repeating 2020, according to Ali Martinez. After passing $19,700, BTC surged 26% and consolidated for a week in 2020. BTC rose 66% to $40,000 in two weeks after consolidating. Martinez said Bitcoin had increased 28% from its March ATH and is stabilizing for about a week. This means that the cryptocurrency's price might rise above $100,000 this week. Crypto Yapper, another market analyst, predicted a “massive move” for Bitcoin. The expert noted the flagship crypto's consolidation around $89,000–$90,000. This horizontal level was a crucial resistance zone last week but has been support for five days. Bitcoin retested $91,000 earlier today, and the expert said it might continue its positive trend and reach $95,000. A one-week symmetrical triangle pattern was broken by BTC to start the week. Crypto Yapper calls this a “typical continuation pattern” for Bitcoin #BTC $BTC #BinancePoolFractalBitcoin #90kCryptoZone
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Solana bulls seek record highs After rising almost 45% in two weeks, Solana prices continue their gains on Tuesday. On-chain data shows SOL's Open Interest, trading volume, and fees at record highs. Weekly chart indicates bullish pattern breakout with technical goal at $276, new all-time high. After surging almost 45% in the previous two weeks, Solana (SOL) trades in green at $242.80 on Tuesday. As SOL's Open Interest, trading volume, and fees hit record highs, on-chain data suggests additional growth. A bullish breakout pattern on the technical charts suggests a climb to a new all-time high (ATH) of $276. Why Solana is at an all-time high Solana price has risen over 45% since early November as US President-elect Donald Trump's pro-crypto rhetoric spurred the cryptocurrency surge. Deepening SOL's on-chain metrics shows a favorable outlook. Solana's Open Interest (OI) has consistently increased since mid-October and hit $5.64 billion on Monday, according to Coinglass. An growing OI indicates fresh money entering the market and purchasing, indicating a positive trend. A recent increase in SOL chain trader interest and liquidity boosts the platform's prospects. SOL Chain's weekly trade volume jumped from $18.14 billion in the second week of November to $41.60 billion the following week, its biggest since 2020, according to DefiLlama. Solana earned $49.64 million last week, a new record, according to DefiLlama, boosting the optimistic forecast. Solana Price Prediction: $276, a record high. Solana's weekly chart reveals that SOL broke above a downward-sloping parallel channel pattern at $210.18 and surged nearly 45% in two weeks, finishing above the March 18 annual high. Multiple weekly highs and lows from early March to October comprise this pattern. Bulls benefit from a pattern breakout and weekly closure above the breakout level. The price of SOL is up this week to $242.80, approaching its all-time high of $259.90. #SOLMarketMove #SOLWatch #BONKBURNmas $SOL
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Chiliz Price Prediction: Aiming for a 50% Gain in the Near Future On Tuesday, after a 14% increase the day before, the price of Chiliz continues to rise. Closes above 200-day exponential moving average at $0.075 and increasing open interest indicate a positive trend in the technical analysis of CHZ. The bullish thesis would be rendered invalid if the daily candlestick closes below $0.067. After a 14% increase the day before, the price of Chiliz (CHZ) is still trading in the green on Tuesday. There has been an infusion of new capital, as shown by the growing open interest in CHZ and the technical forecast, which predicts a further 40% increase. A closing above $0.084 would put the Chiliz price on track for a 40% gain. Chiliz price surged 14.76% on Monday, breaking and closing above the 200-day Exponential Moving Average (EMA) at $0.075. It is trading at a little over $0.081 as of this writing on Tuesday. Retesting its 61.8% Fibonacci retracement (drawn from the May 30 high of $0.165 to the August 5 low of $0.043) at $0.118 would be possible if CHZ closes above the daily barrier at $0.084, which may extend the rally by 40%. Another piece of evidence that supports the bullish argument is the growing Chiliz Open Interest (OI). The open interest in CHZ futures at exchanges reached a new high of $44.64 million on Tuesday, according to data from Coinglass, up from $28.67 million on Monday. This level of activity is not seen since October 31. When the money supply grows, it means more people are buying and selling in the market, which is good news for the bulls. The bullish thesis will be rendered useless and the fall will continue till the retest of the November 15 low of 0.061 if CHZ is unable to rise above $0.084 and falls to close below $0.067. #CHZ #Chiliz $CHZ
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Celebrating Growth: GoldenCat Leads the Way as $CATS Passes 5,000 Holders The GoldenCat community has recorded another remarkable achievement of the GoldenCat community, as recently $CATS reached more than 5,000 holders which represents an increase in holders by a remarkable 10 percent. Such growth rates reinforce the traction and loyalty that $CATS can command and new or old members of the community are bound to notice these developments. What is more prominent is GoldenCat, the poster child of this revolution, is not just a crypto currency instrument but is a thought leadership in how to steer the future of Decentralised finance. Being the ambassador of the $CATS ecosystem, GoldenCat is at the very core of the community growth and seeks to foster the provision of inclusivity and transparency across the board. The image of the mascot, which is often displayed on a variety of sociable and viral promotional matershots, is a claim and focal point for lots of the people who aspire to become a part of the project. The economic context, in conjunction with recent activity on the GoldenCat ecosystem, encourages longer and wider perspectives with respect to $CATS hence providing the right principles for the in holders to diversify and expand further afield. Members do not just hold the tokens but actively engage in activities like campaigns, bring suggestions and other ways to nurture closer the GoldenCat which these strengthens the brand. This kind of engagement approach differentiates $CATS from a large number of other tokens and boosts the sense of unity and community among the investors. As $CATS evolves, the GoldenCat leads the pack and presents encouraging prospects for both the community and the currency. The road doesn't end here, with the GoldenCat community ready for additional milestones in the future. Last but not the least, reaching 5000 holders is a proof of the hard work and common goals of the $CATS community as well the GoldenCat. #GoldenCat #SOLWatch #SOLMarketMove #Memecoins #Cats
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