š Crypto Surge Alert: Bonk & Floki Poised for Breakouts as Celestia Battles Key Resistance (July 2025 Update)
Memecoins roar back as traders chase the next parabolic move. Bonk and Floki lead the charge with bullish technicalsāwhile Celestia's rally hits a make-or-break wall.
Dogcoins bite back: The meme brigade shakes off last month's slump. Bonk's trading volume spikes 300% as futures open interest balloons. Floki mirrors the action, with whales accumulating ahead of a staking protocol upgrade.
Celestia's ceiling test: The modular blockchain darling struggles at its 2024 high. On-chain data shows heavy profit-taking at $28.50āa clear 'show me' moment for bulls.
Meanwhile, Bitcoin flatlines at $63K as traders rotate into altcoins. 'When the king sleeps, the jesters play,' quips one hedge fund manager between yacht upgrades.
Bonkās exceptional recovery targets Mayās high
Bonk edges higher by 3% at press time on Monday, printing its sixth consecutive bullish candle on the daily chart. Following the 46% surge last week with a wedge pattern breakout, as displayed in the chart below, BONKās bullish start this week targets the highest price in May.Ā
Bonkās intraday surge reclaims the 78.6% Fibonacci retracement level at $0.00002218, retraced from the April 7 low of $0.00000886 to the May 12 high of $0.00002581. A daily close above the $0.00002218 could target the $0.00002581 level, the inception point of the falling wedge pattern.Ā
The technical indicators suggest an increasing trend momentum, as the Moving Average Convergence/Divergence (MACD) indicator displays the MACD and signal line crossing into positive territory. A rising trend in the green histogram bars indicates increasing uptrend momentum.Ā
The Relative Strength Index (RSI) at 74 crosses into the overbought territory, indicating a surge in buying pressure while profit-booking risk looms.Ā
BONK/USDT daily price chart.
If BONK fails to hold grounds above $0.00002218, it could retest the 50% Fibonacci level at $0.00001734.Ā
Flokiās breakout trend hits a key resistance level
Floki appreciated by over 2% at press time on Monday, extending the Sunday gains of 14%. The meme coin recovery breaks out of a falling channel with an upper boundary line connected by the highs of May 12 and June 11.Ā
Floki nears a key resistance level at $0.00008807, the daily close of June 2. A clean push above this crucial level could propel the meme coin toward the highest price of June at $0.00009839.Ā
The MACD indicator displays a rising trend in the MACD and signal nearing the zero line. An uptrend in the rising histogram bars from the same line suggests increasing momentum.Ā
The RSI at 59 holds above the halfway level, suggesting room for growth before reaching the overbought levels.Ā
FLOKI/USDT daily price chart.
On the downside, a bearish close to the day could cause FLOKI to revert to the previous weekās low at $0.00006948.
Celestia struggles in a sideways range
Celestia recorded an 8.73% surge on Sunday while holding below the $1.68 resistance level marked by the June 24 high. Following a channel breakout, as shown on the chart below, TIA undergoes a sideways shift in trend, with the lower boundary at $1.31, the lowest price recorded in June.
A daily push above $1.68 could reinforce an uptrend in Celestia, targeting the low of June 5 at $1.93, followed by the $2.00 psychological round figure.Ā
The MACD indicator indicates a recovery in trend momentum, while a complete bullish turnaround requires the MACD and signal line to cross above the zero line.Ā
The RSI at 48 hovers below the halfway line, struggling to mark a bullish shift in trend momentum.
TIA/USDT daily price chart.
On the other hand, a reversal could retest the $1.31 support level, thereby prolonging the consolidation range.Ā