{"id":6546,"date":"2025-05-15T17:39:56","date_gmt":"2025-05-15T16:39:56","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=6546"},"modified":"2025-05-15T17:39:57","modified_gmt":"2025-05-15T16:39:57","slug":"bonk-price-forecast-skyrocket","status":"publish","type":"post","link":"https:\/\/preprod.investx.fr\/en\/crypto-news\/bonk-price-forecast-skyrocket\/","title":{"rendered":"Bonk (BONK) Set to Explode ? Here’s Why Its Price Could Soar Soon"},"content":{"rendered":"\n
The cryptocurrency <\/a>BONK <\/strong>is currently at a crucial technical point. After a 67% <\/strong>increase in a month, driven by the rebound of Ethereum<\/a>, BONK is undergoing a retest of a key resistance level.<\/p>\n\n\n\n On the daily chart, the token has formed a bullish chart pattern in a cup and handle formation. This is a technical signal often seen as a precursor to a trend reversal. After breaking the resistance at $0.000020<\/strong>, BONK reached a local peak at $0.000025<\/strong> before experiencing a technical correction.<\/p>\n\n\n Currently, the price is hovering around the $0.000019-$0.000020 zone, which corresponds to the former resistance level now turned into support. The short-term future of BONK hinges on this level.<\/p>\n\n\n\n Bullish Scenario:<\/strong><\/p>\n\n\n\n Bearish Scenario:<\/strong><\/p>\n\n\n\n The ability of BONK to bounce back from this pivotal level will greatly depend on the overall direction of the crypto market, especially Ethereum’s behavior. If the leading altcoin continues its upward trend, it could breathe new life <\/strong>into the meme cryptocurrency on all exchanges<\/a>.<\/p>\n\n\n\n The “cup and handle” chart pattern suggests a technical target<\/a> of $0.0000312<\/strong>. Although this target implies a substantial gain of over 40%, investors will need to remain vigilant of several factors:<\/p>\n\n\n\n
Two Possible Scenarios for BONK<\/h2>\n\n\n\n
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$0.0000312 in Sight<\/h2>\n\n\n\n