{"id":233,"date":"2025-07-10T00:44:13","date_gmt":"2025-07-10T00:44:13","guid":{"rendered":"https:\/\/bitcoscript.com\/article\/will-bonk-price-rally-continue-after-60-weekly-gains\/"},"modified":"2025-07-10T00:44:13","modified_gmt":"2025-07-10T00:44:13","slug":"will-bonk-price-rally-continue-after-60-weekly-gains","status":"publish","type":"post","link":"https:\/\/bitcoscript.com\/article\/will-bonk-price-rally-continue-after-60-weekly-gains\/","title":{"rendered":"Will BONK Price Rally Continue After 60% Weekly Gains?"},"content":{"rendered":"

With 60% gains on the weekly chart, Solana
\n
\n SOL<\/span>
\n $157.6<\/span>
\n <\/span>
\n
\n\t\t\t
\n 24h volatility:<\/span>
\n 3.9%<\/span>
\n <\/span>
\n
\n Market cap:<\/span>
\n $84.40 B<\/span>
\n <\/span>
\n <\/span>
\n
\n Vol. 24h:<\/span>
\n $5.34 B<\/span>
\n <\/span>
\n <\/span>
\n <\/a>
\n\t meme coin BONK
\n
\n BONK<\/span>
\n $0.000021<\/span>
\n <\/span>
\n
\n\t\t\t
\n 24h volatility:<\/span>
\n 4.5%<\/span>
\n <\/span>
\n
\n Market cap:<\/span>
\n $1.62 B<\/span>
\n <\/span>
\n <\/span>
\n
\n Vol. 24h:<\/span>
\n $790.95 M<\/span>
\n <\/span>
\n <\/span>
\n <\/a>
\n\t has grabbed investors\u2019 attention, driven mainly by the ETF hype and a powerful technical chart setup.<\/p>\n

With a potential Golden Cross nearing, analysts are wondering whether this bullish rally can continue from here onwards.<\/p>\n

BONK Undergoes a Year-Long Accumulation<\/h2>\n

According to the blockchain analytics firm Arkham Intelligence<\/a>, BONK has witnessed a year-long accumulation, leaving exchanges. This shows that the selling pressure from the Solana meme coin has dropped significantly.<\/p>\n

\"\"<\/p>\n

BONK Faces Exchange Outflows – Source: Arkham Intelligence<\/p>\n<\/div>\n

With its strong gains over the past week, BONK ranks among the top Solana meme coins right now.<\/p>\n

Two major factors are driving BONK\u2019s recent price movement. First, growing anticipation surrounds the launch of a 2x leveraged BONK ETF, which Tuttle Capital Management confirmed could debut as early as July 16, pending regulatory approval.<\/p>\n

Second, BONK is closing in on a key community milestone: 1 million holders. This milestone would be followed by the burning of 1 trillion BONK tokens, which would trigger upward price pressure with the drop in circulating supply.<\/p>\n

Technical Chart and Golden Cross Formation<\/h2>\n

BONK has officially broken out of a year-long falling wedge pattern on the daily chart, signaling a potential shift in trend. The token is currently consolidating around $0.00002203, just below a key resistance zone at $0.00002389.<\/p>\n

\"\"<\/p>\n

BONK Price Breakout – source: TradingView<\/p>\n<\/div>\n

A breakout above this level, especially with strong trading volume, could open the door to further upside. The next short-term resistance stands at $0.00002577. Beyond that, bullish targets are set at $0.00002840 and $0.00003670.<\/p>\n

Another key technical signal to watch for BONK is the impending Golden Cross, where the 50-day Exponential Moving Average (EMA) is set to cross above the 200-day EMA.<\/p>\n

This formation, often viewed as a strong bullish indicator, reflects growing upward momentum as the shorter-term trend overtakes the long-term average.<\/p>\n

\"\"<\/p>\n

BONK Chart Shows Golden Cross Setup – source: TradingView<\/p>\n<\/div>\n

If confirmed in the coming days, the crossover could fuel further upside for BONK, potentially clearing resistance at $0.00002840 and setting the stage for a rally toward $0.00003600 or beyond.<\/p>\n

next<\/p>\n

The post Will BONK Price Rally Continue After 60% Weekly Gains? appeared first on Coinspeaker.<\/p>\n","protected":false},"excerpt":{"rendered":"

With 60% gains on the weekly chart, Solana SOL $157.6 24h volatility: 3.9% Market cap: $84.40 B Vol. 24h: $5.34 B meme coin BONK BONK $0.000021 24h volatility: 4.5% Market cap: $1.62 B Vol. 24h: $790.95 M has grabbed investors\u2019 attention, driven mainly by the ETF hype and a powerful technical chart setup. With a…<\/p>\n","protected":false},"author":1,"featured_media":234,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[92,7,8],"class_list":["post-233","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency-news","tag-bonk","tag-cryptocurrency-news","tag-news"],"_links":{"self":[{"href":"https:\/\/bitcoscript.com\/article\/wp-json\/wp\/v2\/posts\/233","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcoscript.com\/article\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcoscript.com\/article\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcoscript.com\/article\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcoscript.com\/article\/wp-json\/wp\/v2\/comments?post=233"}],"version-history":[{"count":0,"href":"https:\/\/bitcoscript.com\/article\/wp-json\/wp\/v2\/posts\/233\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcoscript.com\/article\/wp-json\/wp\/v2\/media\/234"}],"wp:attachment":[{"href":"https:\/\/bitcoscript.com\/article\/wp-json\/wp\/v2\/media?parent=233"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcoscript.com\/article\/wp-json\/wp\/v2\/categories?post=233"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcoscript.com\/article\/wp-json\/wp\/v2\/tags?post=233"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}