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The Bonk price surged 14% in the last 24 hours to trade at $0.00001945 as of 11:28 a.m. EST on a 49% jump in daily trading volume to $769 million.
The surge in the BONK price has pushed the crypto to top trend on CoinMarketCap.
Bonk Price Poised For A Bullish Continuation Trend
After reaching an all-time high (ATH) of $0.00005825, the BONK price underwent a sustained retracement, finding support around the $0.000008861 level. This area formed a double bottom pattern, which allowed the bulls to take charge of BONK to push it up through a rising channel pattern.
However, after hitting the 0 Fibonacci retracement level ($0.0000259), the Bonk price underwent another correction, dropping below the 0.786 Fibonacci level. This level has enabled the latest rally, with the price of Bonk increasing by 52% over the last two weeks.
As a result of the rally, Bonk has surpassed the 50-day Simple Moving Average, with the 200-day SMA acting as the immediate resistance zone around $0.00002114.
Meanwhile, the Relative Strength Index (RSI) currently reads 58.45, moving toward the overbought territory but still leaving room for further upside. This suggests that buyers are gaining control.
The Moving Average Convergence Divergence (MACD) has just flashed a bullish crossover, with the blue MACD line crossing above the orange signal line.
BONK/USD Chart Analysis (Tradingview)
BONK Price Prediction
BONKUSD appears poised for a continued rally if buyers maintain momentum. A confirmed breakout above the 200-day SMA and sustained trade above the neckline would likely propel prices toward the first major resistance zone around $0.000025912–$0.000029314.
If this area is breached, the chart points to an extended target near 0.000060, aligning with prior highs.
However, failure to hold above the neckline or a rejection at the 200-day SMA could see BONKUSD retest support levels at 0.000015302 (50-day SMA) and potentially 0.000011458, invalidating the bullish reversal setup.
Meanwhile, investors are piling into a new Bitcoin-themed meme coin called BTC Bull Token (BTCBULL), which will give token holders free BTC.
Jacob Crypto Bury, a prominent YouTuber with over 56.9k subscribers, says BTCBULL has the potential to soar 10X after its launch in only about 28 hours.
BTC Bull Token Presale Raises Over $8.2 Million – Only Hours Left To Buy
BTC Bull Token (BTCBULL) has already raised over $8.2 million through its presale, signaling huge investor confidence.
The project stands out by tracking Bitcoin’s performance and rewarding BTCBULL holders whenever BTC hits specific milestones for the first time. The concept blends meme coin culture with Bitcoin’s historic price journey in an innovative way.
$BTCBULL claim goes live 7th July, 2PM UTC. 🐂💥
Don’t miss the charge. ⚔️https://t.co/N1kqrY0bow pic.twitter.com/2mxOI6Qwsw
— BTCBULL_TOKEN (@BTCBULL_TOKEN) June 30, 2025
When Bitcoin reaches $150,000, the project will reward holders with BTC for the first time based on the amount of $BTCBULL they own. Every additional $50,000 increase from that point triggers more BTC rewards.
There will also be a massive BTCBULL airdrop for the strongest hodlers when BTC hits $250,000, weighted by the ”Community Sale purchase amount.”
Beyond the Bitcoin rewards, the project also incorporates token burns that kick in when the Bitcoin price reaches $125,000 and repeat for every $50,000 increase in the Bitcoin price thereafter.
BTCBULL token holders also have an opportunity to earn passively through the project’s staking platform, which offers a massive 50% annual percentage yield (APY).
Investors interested in participating in the presale can visit the official BTC Bull Token website to buy BTCBULL tokens for $0.002585 each using BNB, ETH, USDT, or a bank card.
Buy before the token claim and exchange listing in about 28 hours.
Visit the BTC Bull Token website.
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