Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
BONK’s Upcoming Golden Cross: Will It Spark a 77% Price Rally?

BONK’s Upcoming Golden Cross: Will It Spark a 77% Price Rally?

BeInCryptoBeInCrypto2025/05/24 03:30
By:Aaryamann Shrivastava

BONK approaches a key Golden Cross that could spark a strong rally. With growing capital inflows and bullish signals, BONK aims to recover 77% of its 2025 losses if critical support levels hold.

BONK has experienced a notable price rise recently, helping investors recover much of their earlier 2025 losses. 

Despite this progress, the altcoin still has significant ground to cover before fully reversing the year’s downturn. Positive signals from investors and market indicators suggest a rally may be on the horizon.

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’s Upcoming Golden Cross: Will It Spark a 77% Price Rally? image 0BONK 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’s Upcoming Golden Cross: Will It Spark a 77% Price Rally? image 1BONK 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’s Upcoming Golden Cross: Will It Spark a 77% Price Rally? image 2BONK 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.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

US CPI Exceeds Expectations Again, Waller's Warning Comes True! Wall Street Focuses on Whether December Rate Hike Will Be 25 or 50 Basis Points; "New Fed News Agency": Stop-and-Go Strategy Faces Test

The "New Federal Reserve Newsletter" pointed out that before the release of the CPI, Waller suggested the possibility of a 50-basis-point rate hike in December, and so far, no other Fed officials have publicly responded. In addition to a single 50-basis-point hike, the Fed may also choose to signal consecutive rate hikes in December and January. Wall Street generally believes that inflationary pressures remain stubborn, further strengthening the case for a rate hike in December, though a 50-basis-point increase is not a consensus. The market is concerned about whether the Fed will extend the tightening cycle.

华尔街见闻•2026/11/10 18:25

CPI Deals a Blow to US Bonds! 2-Year Yield Surges Over 20 Basis Points Intraday, Gold and Silver Plunge

After the release of the CPI, traders began to expect a lower likelihood of a 50 basis point rate hike in December; this year’s Federal Reserve voting member Logan stated that a faster pace of rate hikes may be needed this winter, with at least two more 25 basis point hikes required before pausing. Subsequently, the rise in U.S. Treasury yields continued to widen, with the 10-year yield climbing back above 5.0% and rising more than 10 basis points intraday; spot gold once fell over 3%, while spot silver at one point dropped more than 4%.

华尔街见闻•2026/11/10 18:25