PEPE, BONK, & ONDO Could Rally Ahead? Here’s A Weekly Outlook

• PEPE looks bullish and might show an impulsive move soon.
• Analysts are giving bullish projections on PEPE, BONK, and ONDO cryptos.

Amidst the bearish sentiments and selling pressure in the crypto market, some of the crypto assets looked bullish and poised to showcase the next leg of bullishness.

Notably, the memecoin theme was in trend, and investors have continued to speculate about PEPE and BONK crypto, resulting in an impressive bull rally over the past few trading sessions.

The ONDO token also looks impressive and poised to go higher ahead.

PEPE Might Blast Gains Soon: Price Action Outlook

The frog theme-based PEPE memecoin retraced over 25% of gains from its ATH mark of $0.00001718 and retested the 50-day EMA mark this week.

Notably, the buyers continue dominating, and the coin will see a rebound soon. The trend is bullish, and this dip is the best time to enter the memecoin to celebrate the upcoming rally.

PEPE token is ranked at 24 and has a total supply value of 420.69 trillion. Its trading volume rose over 37% to $1.87 billion in the last 24 hours.

Source: TradingView

At press time, PEPE price traded at $0.00001298 with an intraday surge of 4.36%, guiding a bullish momentum on the charts. Analysts have guided their bullish outlook on PEPE and suggest a long-term bullish outlook.

Source: X

BONK Near its Bounce Region: Right Time to Buy?

This week, the BONK retested its 100-day EMA mark and might see a pullback ahead. Amidst the selloff that happened this week, this memecoin was available at a discounted price, which allows you to buy now.

It ranked 78 per the market cap and has a total supply value of 99.19 trillion. Its trading volume soared over 22% to $413.55 Million in the last 24 hours.

Source: TradingView

At press time, BONK traded at $0.00002876 with an intraday surge of 3.76%, revealing a bullish chart structure.

Source: X

@Eliz, in his tweet, says that the BONK coin might indulge in making its base and will rebound ahead.

Could ONDO Reach the Blue Sky Zone Beyond the $1.50 Mark?

OndoFinance is a cross-chain DeFi platform enabling the tokenization of real-world assets such as US-regulated securities.

The ONDO token trades in a bullish course and continues to extend the gains inside the rising parallel channel. With the bullish momentum, the token has rebounded from the 20-day EMA mark in the last hours.

Source: TradingView

It ranked at 46 per the market cap and has a total supply value of 10 billion. Nonetheless, its trading volume soared over 19% to $346.22 Million in the last 24 hours.

Once the ONDO token price succeeds in breaching the $1.50 mark, a sharp bull rally might lead to reaching the $2 mark in the next sessions.

At press time, the ONDO price traded at $1.29 with an intraday surge of 4.26% and is directing buying momentum on the charts.

Its momentum oscillators reveal a bullish view; the RSI curve sails in the overbought zone, while the MACD indicator reflects a bullish crossover.

Source: X

Tweet by @Andrew Parkerson guided his positive outlook on ONDO, saying, “This is the kind of chart you want to bet on.”

Conclusion

These above-mentioned crypto assets are well-placed and might trigger a sharp rally ahead. Investors need to watch out carefully and plan accordingly.

Disclaimer

This article is for informational purposes only and provides no financial, investment, or other advice. The author or any people mentioned in this article are not responsible for any financial loss that may occur from investing in or trading. Please do your research before making any financial decisions.

Krystian Bielanski