3 Cryptocurrencies to Watch This Week: Bonk, Aptos, and Pi Network
The crypto market continues to enter a correction and accumulation phase, with Bitcoin remaining slightly below its all-time high. As investors await key macro factors such as the Federal Reserve meeting minutes and former President Donald Trump’s July 9 tariff deadline, investors are paying special attention to a few prominent tokens that could move the needle this week.
Here are three coins to watch:
Bonk (BONK): Solana meme coin leads the rally
Bonk, the most prominent meme coin in the Solana (SOL) ecosystem, has been gaining attention for its outstanding performance in recent days. The price of Bonk has increased for five consecutive sessions and is currently trading at its highest level since May 23.
Currently, BONK has broken above the 23.6% Fibonacci level at $0.00002095, and is heading towards the important resistance zone at $0.000025, the old high of May 12. In addition:
BONK has broken above the 50- and 100-day MAs, indicating that the uptrend is dominant.
The RSI and MACD are both rising, strengthening the recovery momentum.
If the uptrend continues, the next target will be the 50% Fibonacci level at $0.00003453.
Aptos (APT): Pressure to Unlock $50 Million Tokens
Aptos, a highly regarded Layer-1 blockchain, is set to unlock $50 million worth of tokens this week, a potential downside risk as supply surges.
APT price has fallen sharply in 2025, from a peak of $15.28 in November 2024 to the current $4.48. Notable technical signals:
APT is forming a descending channel and is below the 50- and 100-day EMAs.
MACD has crossed below zero, while RSI has fallen below 50.
If the downtrend continues, the important support level of $3.82, the lowest since early 2025, will be the level to watch.
Pi Network (PI): Recovery Opportunity After Touching Strong Support
Pi Network, a blockchain project in development, has just touched a key technical support level at $0.46, the lowest price since April and June this year.
Notably, PI’s latest decline coincided with a narrowing of the Bollinger Bands, a sign that often signals a short-term reversal.
If PI holds above $0.46, a technical recovery could be triggered with the goal of retesting the psychological resistance of $1.
Summary
In the upcoming volatile trading week, the three names Bonk, Aptos, and Pi Network represent different scenarios:
Bonk leads the price increase thanks to strong technical momentum.
Aptos faces heavy supply pressure due to token unlock.
Pi Network has the potential to bounce from strong support after a series of declines.
As usual, investors should closely monitor market developments and combine technical indicators with macro factors to make reasonable decisions.
