BONK Price Forecast Potential Scenarios in the Next 30 Days

Coin World Report:
Bonk is preparing to break through with increased liquidity and greater price potential.
As of the time of writing, Bonk has risen by 31% in the past 30 days.
The price trend of BONK indicates a promising outlook.
According to data, although the price of Bonk [BONK] has dropped slightly by 2.71% in the past 24 hours, it has still risen by over 31% in the past 30 days.
However, these fluctuations are not a cause for concern as it appears to be preparing for a potential memecoin supercycle.
The 24-hour trading volume has surged by over 23%, reaching $263 million, reflecting increasing interest in the token and laying the foundation for an exciting future period.
BONK Price Trend and Forecast
The price trend of BONK indicates a positive outlook as it forms a Volatility Contraction Pattern (VCP) accompanied by a decrease in trading volume.
This pattern suggests that the energy for a breakthrough is building up. Traders familiar with this pattern know that it signals a strong upward trend may follow.
Once the price breaks through the current downtrend resistance, it could rapidly rise with a target level of $0.00004894.


If it breaks this level, it may set a new all-time high next year. However, it is expected that the final quarter of this year will begin moving towards this target.
This setup provides an excellent opportunity for investors planning to hold BONK in the long term.
Increase in Liquidity and Listing on Upbit
The aggregated order book of BONK shows a depth difference of $263,000 between buy and sell orders. When buy orders exceed sell orders, the data is shown in green, indicating greater buying pressure.
While this indicator does not directly determine the price of BONK, it can reflect market sentiment and liquidity. Currently, this indicator shows positive buying depth, indicating a favorable environment for potential price increases.


Another significant development is the listing of BONK on UPBIT, South Korea’s largest cryptocurrency exchange.
This move will allow memecoin to be listed on one of the world’s largest trading platforms, increasing awareness among a wider Asian audience.
The influx of new traders from Korea is expected to increase liquidity, thereby promoting increasingly active market activity for BONK.
With the attention brought by the listing, it is advised for traders to position themselves before the market surge, as demand may rise sharply. The current price trend of Bonk and the upcoming developments indicate a potential for a significant increase.
With the approaching breakthrough, enhanced liquidity, and the new listing in Korea, BONK seems poised for a substantial rise in the near future.