BONK Price Prediction 2025: Can Bonk Break Past $0.0001 Mark?

Key Insights:

• BONK surged 50% in 30 days, showing strong momentum in the meme coin market.
• Technical charts show BONK forming a wave (5), with support near $0.0000119.
• BONK trades above MA50 after wedge breakout; targets point to $0.0001 by 2025.

Bonk (BONK) became notable after it witnessed substantial price growth alongside rising market transactions. In their BONK price prediction, experts anticipate that the token will evolve after its current downward phase.

The market observation of BONK has intensified among participants. That’s because meme coin values continue to rise when trading momentum is high.

BONK Price Prediction Amid Current Market Trends and Technical Outlook

BONK was trading near $0.000032 and has gained over 50% in the past month. It ranks 55th in the global crypto market, with a circulating supply exceeding 63 trillion tokens.

Its market cap now stands above $2 Billion, showing growing interest in meme-based tokens. The daily chart showed BONK breaking out of a falling wedge, a familiar reversal pattern.

The price exceeds the 50-day moving average, which supports positive market sentiment. An upward trend of the RSI indicates mounting buyer activity because traders want sustained market momentum.

BONK exists in a wave (4) correction at the 1-hour chart level as part of its substantial bullish Elliott Wave pattern. The price range from $0.000012581 to $0.000011981 is necessary for Fibonacci support.

According to the current trend, BONK price prediction indicates that the token will surpass $0.000015 during wave (5). Subsequently, it is expected to move further and reach $0.000017.

Fibonacci Levels and Elliott Wave Forecast

The 1-hour chart revealed that BONK is creating wave (4), which belongs to a five-wave Elliott Wave pattern. The token’s price moves backward toward the 0.618 Fibonacci level, which sits at $0.000011981 at this time.

This zone is an essential support region because the price stabilizes itself before launching an upward movement. The price action will start wave (5) as BONK succeeds in maintaining its existing position.

There are future directional goals for BONK. Based on the Fibonacci analysis, BONK price prediction says the coin will reach between $0.00001720 and $0.00002611.

Fibonacci levels create resistance challenges for the price because they overlap with previous market barriers.

The price movement of BONK demonstrates bullish potential if it holds positions above the $0.0000119 level. Under this support level, price movements would weaken the current price structure, thus postponing any future upward price movement.

Trading Volume, Sentiment, and 2025 Outlook

BONK trading volume soared to $88.1 million as it experienced more than 25% growth within the past 24 hours. Open interest also climbed to $11.53 Million, reflecting growing trader activity. The token’s price rose by 5.01% during this period, showing short-term bullish sentiment.

Derivatives data showed a balanced long/short ratio overall. However, OKX traders hold more long positions, signaling bullish expectations.

According to liquidation statistics, market volatility surged, which showed more than $58,000 positions in longs getting closed. The current market capitalization for BONK reached $923.25 Million while maintaining a solid liquidity ratio of 9.53%.

BONK has increased by more than 30% throughout the last week. The token could rise to $0.0001 by 2025 if its support levels stabilize. Market participants monitor potential price developments in the upcoming period.