BONK Memecoin Surges 14% with Bulls Charging Toward New Highs
The post BONK Memecoin Surges 14% with Bulls Charging Toward New Highs appeared on BitcoinEthereumNews.com.
BONK trades at $0.00002581 with 14% intraday gains, trading above key EMAs in bullish momentum. Social sentiment has shifted positively after early-year negativity, supporting retail-driven demand for the memecoin. BONK memecoin is exhibiting a healthy bullish trend as it is trading above the important moving averages and it is surpassing critical resistance levels. As per CMC data, the meme cryptocurrency has proven to be very resilient, with the current price hovering around $0.00002581 with an intraday gain of 14%. The technical arrangement is showing a strong bullish story. BONK has managed to surpass both the 50-day EMA at the price of $0.00001788 and the 200-day EMA at the price of $0.00001883, which signifies a possible change in the bearish to bullish sentiment. There is also a setup of a golden cross where both EMAs are heading upward. Moreover, the 200-day EMA has become a good support at $0.00001883, and this is giving a good base to the further upward trend. The MACD indicator also supports the bullish view, and it is in the bullish zone with a green histogram indicating that the buying pressure is rising. This technical confirmation reinforces the opinion that the recent price action of BONK is supported by the real market strength, and not short-term volatility. The bullish crossover and expanding histogram of the MACD show that the momentum is gaining pace to the upside. What’s Next For Bonk Price? Source: Tradingview Social sentiment analysis indicates a positive market perception, as the indicator registered positive readings following negative sentiment in the first months of the year. The change in the community mood is a frequent precursor of major price changes in Bonk memecoin, where retail participation is a key factor influencing demand. The RSI value of 69 indicates that BONK is in the vicinity of an…
Filed under: News - @ July 13, 2025 8:27 pm