{"id":55644,"date":"2025-07-09T13:27:35","date_gmt":"2025-07-09T13:27:35","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bonk-price-up-60-in-7-days-can-the-meme-coin-go-higher\/"},"modified":"2025-07-09T13:27:35","modified_gmt":"2025-07-09T13:27:35","slug":"bonk-price-up-60-in-7-days-can-the-meme-coin-go-higher","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bonk-price-up-60-in-7-days-can-the-meme-coin-go-higher\/","title":{"rendered":"BONK price up 60% in 7 days: can the meme coin go higher?"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/07\/image-30-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/07\/image-30-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/07\/image-30-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/07\/image-30-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>Exchange net flows remain negative, pointing to continued accumulation.<\/li>\n<li>Golden Crossover signal is forming between the 50 and 200-day EMAs.<\/li>\n<li>Elder Ray\u2019s Index flips positive, suggesting buyer control.<\/li>\n<\/ul>\n<p data-start=\"82\" data-end=\"652\">BONK, the meme coin built on the Solana blockchain, has jumped nearly 60% over the past seven days, driven largely by market sentiment and speculation surrounding potential ETF-related demand.<\/p>\n<p data-start=\"82\" data-end=\"652\">With BONK breaking out of a long-term technical pattern and momentum indicators flipping bullish, traders are now watching closely to see whether the rally can push past a key resistance level at $0.00002840.<\/p>\n<p data-start=\"82\" data-end=\"652\">A potential Golden Crossover between two important moving averages is also forming on the daily chart, raising hopes of a sustained breakout if the signal is confirmed.<\/p>\n<p data-start=\"82\" data-end=\"652\">However, BONK is now trading at $0.00002128, down 5.95% in the last 24 hours.<\/p>\n<figure id=\"attachment_320696\" aria-describedby=\"caption-attachment-320696\" class=\"wp-caption alignnone\"><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"size-full wp-image-320696\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/07\/Bonk.jpg\" alt=\"Bonk price\" width=\"1527\" height=\"557\"\/><figcaption id=\"caption-attachment-320696\" class=\"wp-caption-text\">Source: <a href=\"https:\/\/coinmarketcap.com\/currencies\/bonk1\/\">CoinMarketCap<\/a><\/figcaption><\/figure>\n<h2 data-start=\"654\" data-end=\"710\">BONK exits year-long wedge, approaches key resistance<\/h2>\n<p data-start=\"712\" data-end=\"1011\">BONK has officially broken out of a falling wedge pattern that has been forming over the last year on the daily timeframe.<\/p>\n<p data-start=\"712\" data-end=\"1011\">The breakout was confirmed when the price surged past $0.00001550, a key level that had previously held the coin in a downward compression between lower highs and flat support.<\/p>\n<p data-start=\"1013\" data-end=\"1323\">Currently, BONK is consolidating near $0.00002203. Immediate resistance sits at $0.00002389, with another critical zone between $0.00002577 and $0.00002840.<\/p>\n<p data-start=\"1013\" data-end=\"1323\">The absence of strong resistance between $0.00002840 and $0.00003670 makes this zone a potential price vacuum should buyers break above current ceilings.<\/p>\n<p data-start=\"1325\" data-end=\"1562\">However, traders remain cautious. A reversal below $0.00001806 could indicate a loss of breakout momentum, while a drop under $0.00001435 would nullify the wedge breakout entirely and bring the previous bearish structure back into focus.<\/p>\n<h2 data-start=\"1564\" data-end=\"1611\">BONK ETF speculation fuels investor interest<\/h2>\n<p data-start=\"1613\" data-end=\"1935\">Speculation around BONK\u2019s potential inclusion in future crypto ETF portfolios has contributed significantly to the recent price surge.<\/p>\n<p data-start=\"1613\" data-end=\"1935\">While no official confirmation has emerged, BONK has re-entered the conversation as institutional interest grows around meme coins and altcoins with high liquidity and community traction.<\/p>\n<p data-start=\"1937\" data-end=\"2230\">Social media discussions have been instrumental in amplifying the narrative, with investors pointing to BONK\u2019s strong fundamentals on-chain.<\/p>\n<p data-start=\"1937\" data-end=\"2230\">The meme coin\u2019s trading volume has increased in tandem with positive netflows, reflecting growing demand across centralised and decentralised exchanges.<\/p>\n<h2 data-start=\"2232\" data-end=\"2281\">Exchange outflows support bullish supply trend<\/h2>\n<p data-start=\"2283\" data-end=\"2609\">Data from Arkham shows a prolonged period of negative netflows for BONK over the last year.<\/p>\n<p data-start=\"2283\" data-end=\"2609\">This suggests that more tokens are being withdrawn from exchanges than deposited, a typical sign of accumulation.<\/p>\n<p data-start=\"2283\" data-end=\"2609\">While the trend has moderated in the last 30 days, it remains negative, indicating neutral-to-bullish positioning.<\/p>\n<p data-start=\"2611\" data-end=\"2981\">The reduced exchange supply could play a major role in sustaining upward pressure, particularly if new demand continues to arrive on the back of speculative interest or positive technical developments.<\/p>\n<p data-start=\"2611\" data-end=\"2981\">The supply squeeze narrative has gained traction on platforms like X, where some users argue BONK may be gearing up for a sharp move once resistance levels are cleared.<\/p>\n<h2 data-start=\"2983\" data-end=\"3028\">Technical indicators turn bullish for BONK<\/h2>\n<p data-start=\"3030\" data-end=\"3289\">One of the more significant developments on the BONK chart is the near-confirmation of a Golden Crossover.<\/p>\n<p data-start=\"3030\" data-end=\"3289\">This occurs when the 50-day Exponential Moving Average (EMA) crosses above the 200-day EMA, typically considered a bullish signal in technical analysis.<\/p>\n<p data-start=\"3291\" data-end=\"3561\">The Elder Ray Index, which measures bull and bear power by comparing price against a moving average, has also flipped into positive territory.<\/p>\n<p data-start=\"3291\" data-end=\"3561\">This suggests buyer strength is currently dominant over selling pressure, supporting the idea that bulls have regained control.<\/p>\n<p data-start=\"3563\" data-end=\"3819\">At the time of writing, BONK\u2019s structure supports continuation if it can break above $0.00002577 and hold the gains.<\/p>\n<p data-start=\"3563\" data-end=\"3819\">Any rally past $0.00002840 would likely open the path to $0.00003670, as the price moves into a zone with few historical resistance points.<\/p>\n<p data-start=\"3821\" data-end=\"4014\">However, failure to maintain support above $0.00001806 could signal weakening momentum.<\/p>\n<p data-start=\"3821\" data-end=\"4014\">If BONK slides below $0.00001435, it may re-enter the bearish wedge structure it recently broke out from.<\/p>\n<div class=\"ad-banner  container  pt-1\" data-partner=\"bitcoinpepe\">\n        <a href=\"https:\/\/bitcoinpepe.co\/en?utm_source=coinjournal&amp;utm_medium=banner&amp;utm_campaign=header\" target=\"_blank\" rel=\"nofollow sponsored noopener\"><br \/>\n            <img src=\"https:\/\/coinjournal.net\/wp-content\/themes\/c1-base\/dist\/img\/ad\/blockovate\/en-4.png\"\/><br \/>\n        <\/a>\n    <\/div>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/bonk-price-up-60-in-7-days-can-the-meme-coin-go-higher\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Exchange net flows remain negative, pointing to continued accumulation. Golden Crossover signal is forming between the 50 and 200-day EMAs. Elder Ray\u2019s Index flips positive, suggesting buyer control. BONK, the meme coin built on the Solana blockchain, has jumped nearly 60% [&hellip;]<\/p>\n","protected":false},"author":3947362361,"featured_media":55645,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/55644"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362361"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=55644"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/55644\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/55645"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=55644"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=55644"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=55644"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}