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The post <a href="https://coinpedia.org/price-analysis/bonk-price-tackles-short-term-supply-for-80-upside-potential/" rel="noopener noreferrer nofollow">BONK Price Tackles Short-Term Supply For 80% Upside Potential!</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a>
With the meme coin sector gaining additional momentum as Bitcoin holds above $70K, the BONK price is finding the support of big investors. As the trading volume surges 61%, the meme coin offers a reversal spot entry point.&nbsp;
With the overall market ready to rise, will the meme coins once again become the top performers? Will BONK hit an 80% high from its current trading price? Will BONK hit $0.10? Find out more about our <a href="https://coinpedia.org/price-prediction/bonk-price-prediction/" rel="noopener noreferrer nofollow">BONK price prediction</a>.
<h2 class="wp-block-heading" id="h-will-bonk-price-jump-80-this-week">Will BONK Price Jump 80% This Week?</h2>
With the meme coins discovering a fresh new breeze of buying pressure, the dog-themed BONK price is teasing a comeback. As the buyers find a strong footing at $0.00002134, the meme coin prepares for a bullish reversal.&nbsp;
<figure class="wp-block-image size-large"><img decoding="async" width="1024" height="509" src="https://image.coinpedia.org/wp-content/uploads/2024/03/26132002/image-267-1024x509.png" alt="" class="wp-image-282834" srcset="https://image.coinpedia.org/wp-content/uploads/2024/03/26132002/image-267-1024x509.png 1024w, https://image.coinpedia.org/wp-content/uploads/2024/03/26132002/image-267-300x149.png 300w, https://image.coinpedia.org/wp-content/uploads/2024/03/26132002/image-267-768x382.png 768w, https://image.coinpedia.org/wp-content/uploads/2024/03/26132002/image-267-1536x764.png 1536w, https://image.coinpedia.org/wp-content/uploads/2024/03/26132002/image-267-150x75.png 150w, https://image.coinpedia.org/wp-content/uploads/2024/03/26132002/image-267.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<a href="https://www.tradingview.com/x/6ALqZBvv/" rel="noopener noreferrer nofollow">TradingView</a>
Following a few days of consolidation at the demand level, the BONK price lifts off from the baseline. This jump accounts for a 24% rise to its current trading price at 0.00002678. Further, the meme coin forms a morning star pattern for the lift-off, adding credibility to the bull run.&nbsp;
With the fourth consecutive bullish candle in the making, the meme coin displays an intraday growth of 5.89%. Further, the uptrend comes with a double bottom breakout formed at the baseline, increasing the uptrend possibility.&nbsp;
Technical Indicators:&nbsp;
MACD: The consolidation followed by a bullish breakout uplifts the MACD and signal lines for a potential crossover. This will signal a trend reversal in the BONK price trend.&nbsp;
RSI: The daily RSI line shows a revival trend from the halfway line and rises higher to approach the overbought boundary. With growing relative strength, the meme coin prepares for a run.
<h2 class="wp-block-heading" id="h-preparations-for-post-halving-altcoin-season">Preparations For Post-Halving Altcoin Season</h2>
<figure class="wp-block-image size-large"><img decoding="async" width="1024" height="509" src="https://image.coinpedia.org/wp-content/uploads/2024/03/26132010/image-268-1024x509.png" alt="" class="wp-image-282835" srcset="https://image.coinpedia.org/wp-content/uploads/2024/03/26132010/image-268-1024x509.png 1024w, https://image.coinpedia.org/wp-content/uploads/2024/03/26132010/image-268-300x149.png 300w, https://image.coinpedia.org/wp-content/uploads/2024/03/26132010/image-268-768x382.png 768w, https://image.coinpedia.org/wp-content/uploads/2024/03/26132010/image-268-1536x764.png 1536w, https://image.coinpedia.org/wp-content/uploads/2024/03/26132010/image-268-150x75.png 150w, https://image.coinpedia.org/wp-content/uploads/2024/03/26132010/image-268.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<a href="https://www.tradingview.com/x/pwQXQnc0/" rel="noopener noreferrer nofollow">TradingView</a>
In the weekly chart, the BONK price shows an uptrend in motion, ready to cross the $0.000050 mark. If the meme coin surpasses the $0.000032 mark, the buyers can fuel the rally to hit $0.000069 in the post-halving altcoin season.&nbsp;

BONK Price Tackles Short-Term Supply For 80% Upside Potential!

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