Convergence

altFINS

Momentum

Bonk

Coin

<p>The current bull run is witnessing a surge in the popularity of meme coins, with analysts predicting that the hype surrounding these tokens will even surpass that of non-fungible tokens (NFTs) from the previous bull run.</p>
<p>According to analyst <a href="https://x.com/berly_eth/status/1796154389830263169" target="_blank" rel="noopener noreferrer nofollow">BERLY</a>, the trend started with <a href="https://coinmarketcap.com/currencies/bonk/" target="_blank" rel="noopener noreferrer nofollow">Bonk</a> (BONK) in October and has been running in cycles for the past eight months, during which time several meme coins have reached market caps exceeding $100 million from zero and are holding their value.</p>
<h2 class="wp-block-heading" id="altseason-yet-to-come-juiciest-profits-still-ahead">Altseason Yet to Come, Juiciest Profits Still Ahead</h2>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="988" height="1024" src="https://captainaltcoin.com/wp-content/uploads/2024/05/image-1096-988x1024.png" alt="" class="wp-image-500906" srcset="https://captainaltcoin.com/wp-content/uploads/2024/05/image-1096-988x1024.png 988w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-1096-289x300.png 289w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-1096-768x796.png 768w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-1096-1481x1536.png 1481w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-1096-1975x2048.png 1975w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-1096-145x150.png 145w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-1096-100x104.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-1096-338x350.png 338w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-1096-788x817.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-1096.png 868w" sizes="(max-width: 988px) 100vw, 988px">
</figure>
<p>BERLY emphasizes that the altseason hasn’t even begun yet, suggesting that investors still have the opportunity to capitalize on the most notable profits. The analyst highlights the importance of understanding the trend of this bull run in a timely manner.</p>
<p>Different funds, such as DWF and Wintermute, are only now starting to invest in <a class="wpil_keyword_link" href="https://captainaltcoin.com/meme-coins/" title="meme" data-wpil-keyword-link="linked" target="_blank" rel="noopener noreferrer nofollow">meme</a> coins, while Gotbit has been involved from the beginning, particularly in the Solana ecosystem.</p>
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0"><i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   New Meme Coin to Watch Aiming to be Next $BONK, $WIF or $MEW
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style>
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px">
    <p><strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="noopener noreferrer nofollow">Milei Moneda</a></strong> is a new meme coin inspired by the political and economic views of Javier Milei, an Argentine president&nbsp;known for his libertarian and pro-Bitcoin stance. You have an opportunity with the <strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="noopener noreferrer nofollow">ongoing low presale price</a></strong> to get in early!</p>
    <p><em>Sponsored</em></p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div>
 </div>
</div>
<h2 class="wp-block-heading" id="bonk-price-action-follows-analyst-s-predictions">Bonk Price Action Follows Analyst’s Predictions</h2>
<p><a href="https://x.com/cryptojack/status/1796143322496475511" target="_blank" rel="noopener noreferrer nofollow">CryptoJack</a>, another prominent analyst, recently shared his analysis of Bonk’s price action, which has been following his predictions from the previous week.</p>
<p>The token was rejected by resistance and now needs to bounce from the orange area of support to maintain its bullish momentum. If Bonk can stay above this support area, CryptoJack expects the token to reach new all-time highs (ATHs) very soon.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="576" src="https://captainaltcoin.com/wp-content/uploads/2024/05/image-1094-1024x576.png" alt="" class="wp-image-500890" srcset="https://captainaltcoin.com/wp-content/uploads/2024/05/image-1094-1024x576.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-1094-300x169.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-1094-767x431.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-1094-1536x864.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-1094-2048x1151.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-1094-267x150.png 267w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-1094-100x56.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-1094-623x350.png 623w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-1094-788x443.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-1094.png 900w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<h2 class="wp-block-heading" id="technical-analysis-suggests-potential-upside">Technical Analysis Suggests Potential Upside</h2>
<p>A detailed technical analysis by altFINS indicates that Bonk is currently in an uptrend, having recently experienced a bullish breakout from an ascending triangle pattern. The token came close to the near-term target of $0.000046, representing a 50% gain, before being rejected at that resistance level due to profit-taking.</p>
<p>The analysis suggests that a pullback near the $0.000030 support level could present an attractive swing trade entry opportunity in the ongoing uptrend, with a potential 50% upside back to $0.000046. Investors are advised to set a price alert to capitalize on this potential entry point.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="573" src="https://captainaltcoin.com/wp-content/uploads/2024/05/image-1095-1024x573.png" alt="" class="wp-image-500898" srcset="https://captainaltcoin.com/wp-content/uploads/2024/05/image-1095-1024x573.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-1095-300x168.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-1095-767x429.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-1095-1536x859.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-1095-2048x1145.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-1095-268x150.png 268w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-1095-100x56.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-1095-626x350.png 626w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-1095-788x440.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-1095.png 1940w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p><em>Source: </em><strong><a class="thirstylink" rel="noopener noreferrer nofollow" target="_blank" title="altFINS" href="https://captainaltcoin.com/go/altfins/" data-shortcode="true"><em>altFINS – Start using it today</em></a></strong></p>
<h2 class="wp-block-heading" id="momentum-and-support-resistance-levels">Momentum and Support/Resistance Levels</h2>
<p>The short-term, medium-term, and long-term trends for Bonk are all classified as “Strong Up,” indicating a robust bullish sentiment surrounding the token. However, the momentum is currently bullish but inflecting, with the MACD (Moving Average Convergence Divergence) line still above the MACD signal line. The declining MACD histogram bars suggest that momentum could be nearing a downswing.</p>
<p>The nearest support zone for Bonk is identified at $0.00003, followed by $0.00002. On the upside, the nearest resistance zone is located at $0.000037, with the next resistance level at $0.000046.</p>
<p><strong><em>Read more:&nbsp;<a href="https://captainaltcoin.com/bitcoin-analysts-agree-btc-price-could-fall-as-bearish-price-actions-emerge-here-are-their-outlooks/" target="_blank" rel="noopener noreferrer nofollow">Bitcoin Analysts Agree BTC Price Could Fall as Bearish Price Actions Emerge: Here Are Their Outlooks</a></em></strong></p>
<p><em><strong>Join <a class="thirstylink" rel="noopener noreferrer nofollow" target="_blank" title="aethir" href="https://captainaltcoin.com/go/aethir/" data-shortcode="true">Aethir’s exclusive airdrop</a> and earn badges by participating in events or holding community tokens. Complete tasks and secure your spot before the snapshot date is revealed!</strong></em></p>
<p>The post <a href="https://captainaltcoin.com/bonk-meme-coin-price-going-strong-up-watch-these-key-levels-as-it-gears-for-50-gain/" rel="noopener noreferrer nofollow">BONK Meme Coin Price Going ‘Strong Up’ – Watch These Key Levels as It Gears for 50% Gain</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

BONK Meme Coin Price Going ‘Strong Up’ – Watch These Key Levels as It Gears for 50% Gain

Innehållsförteckning

CaptainAltcoin

Andra artiklar publicerade 31 maj 2024

COMPARISON) PEPE And BONK Investors Celebrate Bullish Trends; Rebel Satoshi’s New Memecoin Poised...

MoonBag coin Presale Crowned as DogeVerse and Billion Dollar Jackpot Lose their Spot at the Coron...

Brace for a sell-off: Ripple to unlock 1 billion XRP in June

Crypto startup creates turmoil with ZK trademark application, Polygon fights back

PEPE Outperforms Top NFTs in Market Value

Bitcoin and gold: A growing correlation to closely monitor

Prenumerera på vårt nyhetsbrev och få kryptouppdateringar varje dag!