đ±đ„The bullish surge of $BONK is one step awayâđđ
According to an analysis, the bullish formations formed on the $BONK price chart indicate a 250 percent increase.
According to the chain, $45.73 million worth of#BONKwas recently withdrawn from centralized exchanges. This situation was interpreted as a preparation for a potential increase.
The popular memecoin BONK, which is on the Solana blockchain, is gaining strength amid increasing demand and whale interest. According to an analysis prepared by AMBCrypto, a bullish pattern has formed on the daily chart of BONK.
The analysis suggested that the pattern indicates a 40 percent increase in a short period of time and a potential increase of 250 percent.
BONK Price Analysis
Solana-based memecoin BONK has started to recover from the sharp price drop it suffered on December 10. With the interest of investors, BONK is preparing for a possible breakout.
According to Coinglass features, the interest of whales and long-term holders of BONK has started to increase day by day. This situation has led to a large outflow of BONK from exchanges. According to AMBCrypto, BONK has been delisted from exchanges since December 2024.
The analysis highlighted that the popular memecoin will soon be in the 0.0000545 area, and if this area is broken, the next target will be $0.000137. The ascending triangle formations formed on the BONK chart have been increased.
The analysis included the following statements;
âAccording to the latest price movement, the system seems likely that BONK will be around 0.0000545 in a short period of time. It can achieve a 40 percent increase.â
AMBCrypto suggested that if the momentum and momentum in memecoins continue, a long-term uptick could begin.