Close Menu

    BONK Price Drops 3% as Resistance Blocks Recovery

    2 Mins Read Altcoin news

    Solana-based memecoin faces volatility amid shifting market flows

    The price of BONK (BONK/USDT) has slipped by nearly 3% in the past 24 hours, failing to reclaim a critical resistance level after repeated attempts. The Solana memecoin, known for its high volatility, is now testing lower support levels as retail selling intensifies while selective institutional interest emerges.

    BONK recently attempted to push back above the $0.000024–$0.000026 resistance zone, but sellers quickly absorbed the move, leading to another decline. The token is now consolidating near $0.00002170, resting on the green support band highlighted in recent trading sessions.

    “The inability to break through resistance after multiple tests is a warning sign,”According to BITX . “With volume profiles showing stronger selling than buying, BONK could continue to face downward pressure in the short term.”

    The chart also shows that the brown support zone near $0.00002000 remains the next key level to watch. A breakdown below that area could open the way toward deeper retracements, potentially erasing much of the July rally.

    Despite the decline, analysts highlight that institutional buyers have been selectively accumulating BONK, even as retail investors appear to be capitulating. This dynamic has created heightened volatility, with sudden price swings around resistance and support.

    Disclaimer

    This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.

    Related Posts

    logo

    blockto.io

    info@blockto.io

    Blockto.io Copyright © 2025, All rights reserved

    News
    Rates
    Buy
    More
    We use cookies to personalize content and ads, provide social media features, and analyze our traffic. In accordance with GDPR/AVG and EU cookie regulations, data is processed only with your consent. We may share information about your use of our website with our social media, advertising, and analytics partners, and you can manage or withdraw your consent at any time. View more
    Cookies settings
    Accept
    Privacy & Cookie policy
    Privacy & Cookies policy
    Cookies list
    Cookie name Active

    Privacy Policy

    At BitxJournal.com, we respect your privacy and are committed to protecting your personal data. This Privacy Policy explains how we collect, process, store, and protect personal information in accordance with the General Data Protection Regulation (GDPR) and AVG (EU privacy legislation).

    1. Data Controller

    BitxJournal.com acts as the data controller for all personal data processed through this website.

    2. Personal Data We Collect

    We may collect and process the following categories of data:

    Personal Data

    • Name and email address (when you subscribe to newsletters or contact us)

    Technical & Usage Data

    • IP address, browser type, operating system

    • Device information

    • Pages visited, referral sources, and interaction data

    This data is collected via cookies, log files, and analytics technologies.

    3. Legal Basis for Processing

    We process personal data only when a lawful basis exists, including:

    • Consent – when you explicitly agree (e.g., cookies, newsletter sign-up)

    • Legitimate interest – to operate, secure, and improve our website

    • Legal obligation – when required by applicable laws

    You may withdraw your consent at any time.

    4. Purpose of Data Processing

    Your data is processed for the following purposes:

    • Operating and maintaining the website

    • Improving content, usability, and performance

    • Sending newsletters or updates (only with consent)

    • Analyzing traffic and user behavior

    • Responding to inquiries or support requests

    5. Cookies & Consent Management

    We use cookies and similar technologies in compliance with EU Cookie Law.

    • Non-essential cookies are placed only after explicit user consent

    • Users may accept, reject, or manage cookie preferences at any time

    • Consent can be withdrawn without affecting prior lawful processing

    Detailed cookie information is available in our Cookie Settings panel.

    6. Third-Party Data Processing

    We may share limited data with trusted third-party service providers, including:

    • Analytics providers (e.g., Google Analytics)

    • Advertising partners (for personalized or non-personalized ads)

    These third parties act as data processors and process data only under contractual obligations compliant with GDPR/AVG.

    7. International Data Transfers

    Where data is transferred outside the European Economic Area (EEA), we ensure appropriate safeguards are in place, such as Standard Contractual Clauses (SCCs) or equivalent legal mechanisms.

    8. Data Retention

    We retain personal data only for as long as necessary to fulfill the purposes outlined in this policy or as required by law.

    9. Data Security

    We implement appropriate technical and organizational security measures to protect personal data against unauthorized access, alteration, disclosure, or destruction.

    10. Your GDPR Rights

    Under GDPR/AVG, you have the right to:

    • Access your personal data

    • Rectify inaccurate or incomplete data

    • Request data erasure (“right to be forgotten”)

    • Restrict or object to processing

    • Data portability

    • Withdraw consent at any time

    • Lodge a complaint with a supervisory authority

    11. Changes to This Privacy Policy

    We reserve the right to update this Privacy Policy at any time. Any changes will be posted on this page with a revised effective date.

    12. Contact Information

    For privacy-related inquiries or GDPR requests, contact:

    📧 Email: support@blockto.io
    🌐 Website: https://blockto.io

    Save settings
    Cookies settings