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BONK Teases Golden Cross—Will Memecoin Mania Deliver a 77% Surge?

BONK Teases Golden Cross—Will Memecoin Mania Deliver a 77% Surge?

Author:
Beincrypto
Published:
2025-05-24 11:30:00
17
1

Technical traders are eyeing BONK’s charts as a bullish golden cross forms—a pattern that historically precedes major rallies. The memecoin’s last breakout saw gains north of 300%, but this time, analysts whisper about a 77% moonshot if history rhymes.

Golden crosses aren’t guarantees, just like those ’surefire’ DeFi apy farms that rugged last quarter. Still, when retail FOMO meets a textbook technical setup, even skeptics watch the tape.

Will BONK defy the ’greater fool theory’ and pump—or is this another ’wen lambo’ trap? The charts (and your hopium dealer) will decide.

BONK Nears Bullish Trigger

Technical analysis reveals BONK is approaching a Golden Cross, as the 50-day EMA nears overtaking the 200-day EMA. This crossover is widely regarded as a strong bullish signal, often triggering upward momentum.

For BONK, this event could mark the end of nearly four months of bearish pressure and kickstart a sustained price increase.

Investors are increasingly optimistic, with growing confidence reflected in trading volumes and sentiment. The anticipation of the Golden Cross is fueling buying interest, which is expected to amplify bullish momentum and help BONK reclaim lost value.

BONK EMAs

BONK EMAs. Source: TradingView

The Chaikin Money FLOW (CMF) indicator supports this optimism, showing consistent capital inflows into BONK over recent weeks.

These strong inflows suggest investors are actively accumulating BONK, further strengthening its price foundation. The broader crypto market’s positive trends enhance this momentum, positioning BONK to benefit from growing demand.

As market confidence rises, BONK is likely to continue attracting investments, providing the fuel necessary to sustain its rally. The alignment of bullish technical indicators and market dynamics reinforces the probability of further gains in the NEAR term.

BONK CMF

BONK CMF. Source: TradingView

BONK Price Has A Long Way To Go

Currently, BONK trades at $0.00002130 and faces resistance at $0.00002285. To fully recover the losses recorded since the start of 2025, BONK must climb approximately 77%, reaching $0.00003769.

Although this target may take time, the immediate focus is to breach and hold $0.00002748 as support.

Securing this support level is crucial for maintaining the bullish trajectory. If BONK successfully flips $0.00002748 into a support zone, it will likely continue its upward climb, gradually working toward higher price points and restoring investor confidence.

BONK Price Analysis.

BONK Price Analysis. Source: TradingView

Conversely, failure to hold the $0.00002285 resistance could trigger a reversal. A drop below $0.00001995 and further to $0.00001779 WOULD undermine the bullish outlook, potentially leading to renewed selling pressure and a return to bearish conditions.

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