Book Of Meme Price Prediction: BOME Soars 18% Amid Meme Coin Supercycle Debate As Pepe Unchained Barrels Towards $20M In Presale
The Book Of Meme price has soared 18% in the last 24 hours to trade at 0.01037 as of 6:45 a.m. EST, fueled by a 25% surge in trading volume to $1.13 billion. The recent price surge comes amid an ongoing debate about whether meme coins are headed for a supercycle. Meme coin supercycle is on it way , find a entry before it’s to late pic.twitter.com/QeQJRPKQ41 — tap (@bantheftc) October 15, 2024 Book Of Meme Price Breaks Above The Rounded Bottom The BOME/USD pair shows a strong uptrend, fueled by the rounded bottom pattern- a bullish reversal formation that helps change the course from a downtrend to an uptrend. The neckline of this pattern is placed around $0.008012, which was a major resistance before it was broken and a sharp upward movement took place. BOMEUSD Analysis Source: Dextools.io A moving average cross can be noticed: a 50-period SMA prevailing at $0.00719040 crosses over a 200-period SMA that was at $0.00681869. Therefore, the “golden cross” could not hav