bullish

Strong

Bonk

PEPE

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/analyst-predicts-strong-performance-for-bonk-bonk-next-week/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Analyst Predicts Strong Performance for Bonk (BONK) Next Week</a><br></p>
<p style="text-align: justify">Popular <a href="https://en.coin-turk.com/rise-in-crypto-billionaires/" data-wpel-link="internal" rel="noopener noreferrer nofollow">cryptocurrency</a> analyst and strategist Bluntz anticipates that the Solana -based <a href="https://en.coin-turk.com/big-decline-in-altcoin-that-stamped-the-market-last-week-value-loss-approached-50-percent/" data-wpel-link="internal" rel="noopener noreferrer nofollow">memecoin</a> Bonk (BONK) will exhibit strong performance next week, despite recent corrections. His predictions are based on technical analysis and market trends, reflecting a broader sentiment within the cryptocurrency community regarding memecoin dynamics.</p>
<h2 id="analyst-s-bonk-forecast">Analyst’s BONK Forecast</h2>
<p style="text-align: justify">In a statement to his followers on the social media platform X, Bluntz noted that Bonk is currently in the midst of a five-wave upward movement. As a well-known practitioner of the Elliott Wave theory, he explained that an asset in an upward trend typically follows a five-wave rally, which adds to his bullish outlook.</p>
<h2 id="price-targets-and-comparisons">Price Targets and Comparisons</h2>
<p style="text-align: justify">Bluntz shared a chart predicting that BONK could rise to $0.000033. He also suggested that BONK would outperform PEPE, stating, “There was a quick drop on the weekly, which I believe places BONK in an ideal position for a turbo green week.”</p>
<p style="text-align: justify">At the time of writing, BONK is trading at $0.000024, having risen from a 24-hour low of approximately $0.0000216. This upward movement indicates potential for further gains, aligning with Bluntz’s expectations.</p>
<p style="text-align: justify">Bluntz highlighted PEPE in his analysis, stating, “I see this drop as a wave 4, presenting a perfect opportunity for those on the sidelines.” According to his chart, PEPE is expected to rise to $0.000013, completing a small five-wave rally. Currently, PEPE is valued at $0.00001.</p>
<p style="text-align: justify">Bluntz’s optimistic outlook for BONK’s performance suggests potential opportunities for traders, especially considering that the leadership in the memecoin market is perceived to be shifting from PEPE to BONK.</p>
<p>The post <a href="https://en.coin-turk.com/analyst-predicts-strong-performance-for-bonk-bonk-next-week/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Analyst Predicts Strong Performance for Bonk (BONK) Next Week</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal" rel="noopener noreferrer nofollow">COINTURK NEWS</a>.</p>

Analyst Predicts Strong Performance for Bonk (BONK) Next Week

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