After weeks of sideways trading and brief rallies, Bonk crypto has taken a bearish turn, breaking below its critical support level at $0.0000145.
After weeks of sideways trading and brief rallies, Bonk crypto has taken a bearish turn, breaking below its critical support level at $0.0000145.
As of June 22, 2025, Bonk is trading at $0.00001368, down 4.63% in 24 hours. This decisive move through a previously strong support zone has left investors wondering: Will Bonk rise again, or is a deeper correction looming?
Bonk Price Analysis: Support Breach Sparks Caution
Bonk’s recent dip below the $0.0000145 mark invalidates what many traders viewed as a crucial foundation for a short-term bullish reversal. The Bonk price chart had consistently shown a range-bound pattern between $0.0000130 and $0.0000160, with multiple failed attempts to clear resistance at the upper end.
Bonk (BONK) was trading at around $0.00001368, down 4.63% in the last 24 hours at press time. Source: Brave New Coin
Technical analysts had flagged the $0.0000145 zone as a convergence of key indicators—including the 61.8% Fibonacci retracement level, historical price support, and trendline intersection. The breakdown below this zone now casts doubt on the near-term Bonk price prediction, shifting market sentiment from cautiously optimistic to defensive.
“If this support fails to hold, BONK could revisit the $0.0000125 zone,” warned an analyst in a recent report, referencing both momentum and volume dynamics.
BONK Technical Analysis: Indicators Flash Mixed Signals
While BONK RSI indicators have climbed from oversold territory to neutral, suggesting the bearish momentum may be slowing, this is yet to translate into a convincing price recovery. Momentum indicators like the Commodity Channel Index (CCI) and TD Sequential have shown early signs of potential reversal setups, but follow-through remains elusive.
This setup signals a potential BONK accumulation zone at $0.0000136–$0.0000142, with breakout confirmation above $0.0000150. Source: oopsyco on TradingView
“Candlestick formations reflect indecision, not capitulation,” noted crypto trader @cryptos6 on X, highlighting that while volume hasn’t spiked dramatically, it remains consistent, suggesting accumulation rather than a mass exodus.
In short, BONK appears caught in a tug-of-war between technical pressure and speculative hope, a dynamic not uncommon in Solana meme coins.
Bonk Cryptocurrency Trading Volume Tells Another Story
Interestingly, even as price action weakens, BONK trading volume surged by 46.15% in the last 24 hours, rising to $151.61 million. This suggests that traders are still actively engaging with the coin, either positioning for a rebound or responding to short-term volatility. Such activity could hint at a BONK pullback or breakout scenario developing in the coming days.
From a broader perspective, Bonk market cap now sits around $1.09 billion—far from its previous high near $2 billion, but still a sizable valuation in the competitive meme coin price trends landscape.
BONK Crypto Prediction 2025: What Do Long-Term Forecasts Say?
As for the longer-term outlook, predictions for Bonk crypto in 2025 remain mixed. DigitalCoinPrice projects a potential climb toward $0.0000310 to $0.0000591 if market conditions improve, signaling a full recovery and possibly more. Such levels would mark a significant return from current prices and reward patient holders.
BONK may be preparing for a major rally, but caution is warranted as it could also be a trap for emotional traders. Source: MyCryptoParadise on TradingView
In contrast, Changelly’s outlook is more conservative, estimating BONK may reach $0.000026 to $0.000031 by the end of the year. While less explosive, this projection still points to a ~40% upside from current levels—decent for investors willing to stomach the volatility tied to Bonk meme coin dynamics.
BONK vs WIF and PEPE: The Meme Coin Race Heats Up
In the battle of meme tokens, BONK vs WIF and BONK vs PEPE remain a hot topic. While PEPE recently gained attention due to whale accumulation and trading volume spikes, BONK remains heavily favored within the Solana meme coin ecosystem thanks to its community roots and increasing ecosystem integration.
The Bonk Solana partnership continues to act as a catalyst for future development, especially as DeFi Development Corp and other blockchain players look for meme tokens with utility potential. That said, with BONK currently underperforming on the price front, it risks falling behind unless bulls step in to reclaim momentum.
Final Thoughts: BONK Bullish or Bearish?
BONK is at a crossover point. The breakdown of the $0.0000145 recovery support sent short-term sentiment into the bear camp, but the steady trading volume and improving technical indicators show that hope for a comeback still exists. Whether the Bonk token will see a comeback or drop further has a lot to do with short-term price action and overall sentiment.
Investors must closely monitor BONK resistance and support levels, especially the $0.0000130 and $0.0000154 levels, for clues regarding what to do next. As with meme coins always, caution, timing, and a sharp eye on sentiment may be the difference-maker.
Source: https://bravenewcoin.com/insights/bonk-price-prediction-bonk-breaks-key-support-at-0-0000145-is-a-deeper-correction-on-the-horizon