BONE on the Rise: Will it Reclaim $1 by the End of 2025?
Is BONE, the governance power token of the SHIB Army, poised for a major comeback? After a period of price correction, BONE is showing signs of renewed momentum. The question on everyone\'s mind: will BONE reclaim $1 by the end of 2025?
BONE\'s Recent Performance and Potential for Growth
Currently trading at $0.4681, BONE has seen a recent surge. Several factors are contributing to this upward trend. As noted by Watcher Guru, "BONE is on the rise." In fact, BONE, a token part of the Shiba Inu ecosystem, was seen bagging significant gains recently, reportedly surging by a whopping 20 percent.
After two weeks of trading sideways, following a significant prior decline, Bone’s price has begun to rise once more. It surged by 25% starting from September 25.
Technical Analysis and Price Predictions
Technical analysis suggests further potential gains. A successful breakout could propel the BONE price by 18%, positioning it to challenge the upper trendline of the symmetrical triangle pattern. A successful breach of this trendline could pave the way for even higher prices. According to CoinCodex forecasts, there is optimism regarding BONE’s future trajectory. Forecasts indicate a potential upsurge in BONE prices, with estimates pointing towards significant increases.
Exchange Listings and Increased Accessibility
Increased accessibility also plays a vital role. The exchange announced that it had begun trading for BONE and encouraged users to deposit funds into their wallets to complete the transaction. These factors contributed to the price of increased activity and broader market awareness.
BONE Perpetual Contracts and Future Outlook
The availability of BONE under perpetual contracts on major exchanges allows traders to speculate on its future price movements with greater leverage and flexibility. This could attract more volume and further contribute to price discovery. The focus is now on whether this momentum can be sustained and whether BONE can overcome key resistance levels on its path back to $1. Keep an eye on the latest news and developments within the Shiba Inu ecosystem to stay informed about BONE\'s progress.