The crypto market shows signs of potential movement for BONK and PEPE, according to technical analysis. Both assets may be on the verge of significant breakouts.
BONK has been trading sideways for three days, which often precedes a breakout. The consolidation phase may soon lead to notable price movements.
Similarly, analysis suggests that PEPE is in the fourth corrective wave according to the Elliott Wave theory. This phase typically precedes a fifth impulsive wave, signaling upcoming market activity.
As these conditions develop, traders are closely watching for these technical patterns to confirm notable breakouts in both assets.
