BONK, WIF, FLOKI Rally—3 Breakout Targets You Need to Watch Now

Meme coins Bonk (BONK), Dogwifhat (WIF) and Floki (FLOKI) are on the move as Bitcoin’s all-time high above $116,800 brings back the crypto.

Written by: Arslan Butt • Friday, July 11, 2025 • 2 min read

Last updated: Friday, July 11, 2025

Quick overview

Meme coins Bonk (BONK), Dogwifhat (WIF), and Floki (FLOKI) are gaining momentum as Bitcoin reaches a new all-time high.
BONK has broken out of a bullish pattern, targeting $0.00002958 after a strong performance.
WIF has reclaimed $1.00 and is testing resistance at the 200-day EMA, with potential targets of $1.212 and $1.679.
FLOKI has also broken out of a downtrend, aiming for $0.0001148 after reclaiming the $0.0001000 level.

Meme coins Bonk (BONK), Dogwifhat (WIF) and Floki (FLOKI) are on the move as Bitcoin’s all-time high above $116,800 brings back the crypto party. With Bitcoin’s dominance below 65% investors are looking at high-risk altcoins. Meme coins – often driven by community hype – are quick to capitalize on the “risk-on” sentiment.

This renewed interest has sent BONK to a new 30-day high after a 12% up day on Thursday and 2% up day on Friday. WIF has reclaimed $1.00 and FLOKI has broken above the $0.0001000 level. Technicals are looking bullish across the board.

BONK Breaks Out of Bullish Pattern

BONK is looking strong after breaking out of an inverted head and shoulders pattern – a reversal signal. The neckline at $0.00002375 is a key level BONK needs to hold to target more upside.

BONK Price Chart - Source: Tradingview — BONK Price Chart – Source: Tradingview

Key Technicals:

Above 50% Fib at $0.00002350
Targets:
- 61.8% Fib: $0.00002958
- 78.6% Fib: $0.00004105
50-day EMA above 100-day EMA (bullish crossover)
RSI overbought; MACD up

If it corrects BONK will find support at the 200-day EMA at $0.00001871.

WIF and FLOKI Test Resistance

Dogwifhat (WIF) has broken above $1.00 and is testing the 200-day EMA at $1.066 after breaking out of a descending wedge. If WIF closes above this line it may go to:

WIF Price Chart - Source: Tradingview — WIF Price Chart – Source: Tradingview

50% Fib: $1.212
61.8% Fib: $1.679

The MACD histogram is rising and the RSI is 63. More upside to come? But if it fails to clear the 200-day EMA it may retest the 100-day EMA at $0.860.Floki (FLOKI) has broken out of the downtrend and reclaimed the $0.0001000 level and the 200-day EMA. Now it’s looking at:

FLOKI Price Chart - Source: Tradingview — FLOKI Price Chart – Source: Tradingview

50% Fib: $0.0001148
61.8% Fib: $0.0001428

Momentum is strong with MACD above zero and RSI 68. A drop below the 200-day EMA will pull FLOKI back to the 100-day EMA at $0.0000848.

Takeaway:

BONK to $0.00002958 after pattern breakout
WIF to $1.212 and $1.679 if 200-day EMA is cleared
FLOKI to $0.0001148 after channel breakout

As Bitcoin cools, meme coins are taking center stage – backed by technicals and market dynamics.

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ABOUT THE AUTHOR See More

Arslan Butt

Lead Markets Analyst – Multi-Asset (FX, Commodities, Crypto)

Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics. His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker. His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.