Recently, the most popular meme-based cryptocurrencies such as Shiba Inu (SHIB) and Pepe (PEPE) have seen their prices skyrocket. This bullish trend appears to have extended to: Solana Bonk (BONK) based meme coinas price movements show signs of slowing down impending bullish rally. As such, the cryptocurrency analyst suggested that Bonk is currently well-positioned for a significant upside move.

The analyst projects a legendary target of $0.000033

Bluntz, a prominent cryptocurrency trader and analyst, revealed another bullish target for Bonk. WX (formerly Twitter) post On September 30, Bluntz revealed that Bonk is currently in a prime position for “turbo eco week.”

He revealed that within a week, the price of the meme coin dropped quickly and slightly. However, the analyst sees this price decline as a positive sign, suggesting that it presents an opportunity for Bonk to take a significantly bullish position, potentially triggering a legendary rally.

Sharing a chart showing Bonk price movements last month, Bluntz indicated on his price chart that the price of the meme coin may rise to recent highs. Giving an illustration of his predictions for Bonk’s future price movements, the analyst revealed that the meme coin’s price will rise between $0.000028 and $0.000027 before falling to a support level between $0.000026 and $0.000025.

Bonk is then expected to surge to $0.00003 before falling back to $0.000028. In the latest price rally for the anticipated turbo green week, Bluntz revealed that Bonk will hit a recent price high of $0.000033. The analyst also revealed that Bonk experienced: bullish price breakthe meme coin will have to undergo three days of necessary side trading.

Currently, Bonk is trading at $0.00002, reflecting a slight gain of 3.86% in the past week. A jump to projected highs of $0.000033 would require the meme coin’s price to augment by approximately 65% ​​from its current price.

BONK ready for better results than PEPE

Remaining confident about Bonk’s price, Bluntz revealed that the meme coin can deprive Pepe of the leadership of the meme coin. This suggests that this is what Bonk is like is gaining more momentumPepe’s earnings are slowing after a significant price augment.

The analyst identified a “higher low” on the BONK/PEPE chart, which indicates that Bonk is preparing for a stronger price rally than Pepe. Typically, a higher low occurs when the price of a cryptocurrency retreats but maintains its value above a previous low, signaling a potential continuation of the uptrend.

In the case of Bonk, Bluntz revealed that he is currently among the top meme coins Dogwifhat (WIF)and Pepe, which are currently showing signs of forceful bullish development. Despite this analysis, Cryptocurrency dropped by more than 10% in the last 24 hours.

Featured image created with Dall.E, chart from Tradingview.com