Analyst Predicts Strong Performance for Bonk (BONK) Next Week.

Popular cryptocurrency analyst and strategist Bluntz anticipates that the Solana -based memecoin Bonk (BONK) will exhibit strong performance next week, despite recent corrections. His predictions are based on technical analysis and market trends, reflecting a broader sentiment within the cryptocurrency community regarding memecoin dynamics.

Analyst's BONK Forecast.

In a statement to his followers on the

social media platform X, Bluntz noted

that Bonk is currently in the midst of a

five-wave upward movement. As a

well-known practitioner of the Elliott Wave theory, he explained that an

asset in an upward trend typically

follows a five-wave rally, which adds

to his bullish outlook.

Price Targets and Comparisons.

Bluntz shared a chart predicting that BONK could rise to $0.000033. He also suggested that BONK would outperform PEPE, stating, "There was a quick drop on the weekly, which I believe places BONK in an ideal position for a turbo green week."

At the time of writing, BONK is trading at $0.000024, having risen from a 24- hour low of approximately $0.0000216. This upward movement indicates potential for further gains, aligning with Bluntz's expectations.

Price Targets and Comparisons.

Bluntz shared a chart predicting that BONK could rise to $0.000033. He also suggested that BONK would outperform PEPE, stating, "There was a quick drop on the weekly, which I believe places BONK in an ideal position for a turbo green week."

At the time of writing, BONK is trading at $0.000024, having risen from a 24- hour low of approximately $0.0000216. This upward movement indicates potential for further gains, aligning with Bluntz's expectations.

Bluntz highlighted PEPE in his analysis, stating, "I see this drop as a wave 4, presenting a perfect opportunity for those on the sidelines." According to his chart, PEPE is expected to rise to $0.000013, completing a small five- wave rally. Currently, PEPE is valued at $0.00001.