BONK, WIF, and ANALOS Worth Predictions: What’s Subsequent for the Memes?

• BONK’s rising momentum may assist the token retest $0.000012.
• WIF climbed to $0.32 and will rise to $0.40 if shopping for strain will increase.
• Patrons shunned accumulating ANALOS, as the worth continued to drop.

The underwhelming state of the market has not solely unfold in Bitcoin’s (BTC) and altcoins instructions but additionally reached meme cash. Meme cash, particularly these constructed on the Solana (SOL) blockchain, have been feeling the warmth.

An evaluation of CoinMarketCap’s information confirmed that the highest three Solana memes, together with Bonk (BONK), dogwifhat (WIF), and analoS (ANALOS), skilled notable drawdowns.

Bonk (BONK)

At press time, BONK’s worth was $0.00001102, indicating that its worth had dropped by 20.70% within the final seven days. Final 12 months, BONK was one of many best-performing tokens, as its all-time efficiency jumped 9,857%.

From the 4-hour BONK/USD chart, the worth has saved descending. Additionally, the chart confirmed that the $0.00001565 subsequent was a serious focal point for the token.

For BONK to retest that worth, it might take greater than gentle shopping for strain. First, bulls should rise and defend the $0.00001129 help. If maintained, then the worth would possibly recuperate.

In the meantime, indicators from the RSI confirmed that BONK may hit $0.000012 quickly. This was as a result of the indicator had risen to 48.21, suggesting renewed bullish momentum. 

If this momentum leads BONK to $0.00001129 and it doesn’t get rejected, the worth would possibly proceed to fly. Nonetheless, if the chance occurs, BONK may fall again $0.00001093

Dogwifhat (WIF)

In contrast to BONK, WIF appeared to be in restoration mode. The 4-hour chart confirmed that bulls had capitalized on sellers’ exhaustion at $0.21. This helped the token worth flip the resistance at $0.28 whereas climbing to $0.32.

Consequently, WIF’s slide within the final seven days was minimal. Moreover, the Bollinger Bands (BB) confirmed that volatility across the cryptocurrency had begun to extend. In a case the place the shopping for strain will increase, WIF’s worth may rise as excessive as $0.40.

Additionally, indications from the Superior Oscillator (AO) supported the potential. At press time, the AO was -0.026. However with inexperienced bar dominance, the AO may assist WIF’s upward momentum enhance. 

Analos (ANALOS)

ANALOS’s decline was a lot worse than that of BONK and WIF. As of this writing, the token was 93.85% down from its all-time excessive. This means that patrons have been now not within the cryptocurrency, and its market cap place had fallen to quantity 914.

From the technical outlook, the MACD was damaging, which means that ANALOS’ momentum was bearish. However there have been some indicators that the worth may rise increased than $0.0001360. 

If it does, the leap won’t be vital as a result of indications proven by the Accumulation/Distribution (A/D). At press time, the A/D was right down to -10.10 billion. 

This means that little to no accumulation has taken place just lately. So, not like BONK and WIF, ANALOS has solely a bit of likelihood of revival.