Book Of Meme Price Prediction: Can BOME Reclaim ATH?
The Book Of Meme Price has surged nearly 34% in the last week showing resilience.
The BOME crypto was trading close to $0.011, recording a positive development of 2.16% in Intraday.
Book of Meme (BOME) might emerge as one such contender if Investors are looking for potential winners following the recent conclusion of the Bitcoin halving. BOME is a Solana-based meme coin that is currently trading at $0.01001. Although it has experienced minor fluctuations in the past day and week, it has seen an impressive surge of 917.24% since its inception.
As the market buzzes with speculations, investors are apprehensive about whether BOME will continue to provide impressive returns or lose the gains. Let's delve into further details to understand the potential of Book of Meme crypto in the upcoming sessions.
Book Of Meme Price Shows Resilience After A Significant Jump This Week!
BOME's price today stands at $0.01001, having experienced a positive development of 2.16% within the past day. Over the past week, the memecoin faced selling pressure, with its value dropping by nearly 40%. However, This week, the bulls made a comeback at the lower levels and BONk has managed to recover nearly 75% of the losses incurred in the last week.
Despite these short-term fluctuations, the overall trend remains largely positive, with a surge of 917.24% since its inception. This indicates BOME's potential and resilience.
According to CoinMarketCap, BOME is currently the 120th largest cryptocurrency, with a market capitalization of $620.59 million. Out of a total supply of 69 billion BOME tokens, 55.2 billion tokens are currently in circulation.
<iframe title="Santiment Chart: Price (BOME), Price Volatility 1w (BOME), Volume (BOME)" width="1170" height="425" src="https://embed.santiment.net/chart?ps=book-of-meme&pt=BOME&df=2024-03-06T00%3A00%3A00.000Z&dt=2024-03-22T00%3A00%3A00.000Z&sat=shchcfg_0fkcqXWOckcn&emcg=1&emhwm=1&wm=price_usd%3Bprice_volatility_1w%3Bvolume_usd&wax=0%3B1%3B2&wc=%2333bd5d%3B%23FF5B5B%3B%236374ba&ws=%7B%22node%22%3A%22area%22%7D%3B%3B" scrolling="no"></iframe>
Although trading volume has decreased by 24.28% within the past 24 hours, BOME still maintains a healthy volume-to-market cap ratio of 44.26%. This suggests sustained interest and liquidity.
Book Of Meme Price Technical Outlook.
The RSI for BOME is at 53.98, indicating strong buying interest among users. Additionally, the SMA at 51.96 points has formed a bullish crossover with the RSI. This is often a sign of continued upward momentum in the absence of bearish signals.
In March, The higher RSI values led to a significant price correction. However, recent buying growth suggests that BOME's current RSI level could indicate sustained buying pressure rather than an imminent reversal.
Conclusion.
Book of Meme (BOME) is a Solana-based meme coin that has gained 917.24% since its inception. The crypto is currently trading at $0.01001, with a market capitalization of $620.59 million and 55.2 billion tokens in circulation.
Despite short-term fluctuations, the overall trend remains positive, indicating BOME's potential and resilience. The RSI for BOME is at 53.98, indicating strong buying interest among users, and the SMA has formed a bullish crossover with the RSI, suggesting continued upward momentum in the absence of bearish signals.
Technical levels:
Support levels: $0.0078 and $0.0015
Resistance levels: $0.0148 and $0.020
Disclaimer
The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.
The BOME crypto was trading close to $0.011, recording a positive development of 2.16% in Intraday.
Book of Meme (BOME) might emerge as one such contender if Investors are looking for potential winners following the recent conclusion of the Bitcoin halving. BOME is a Solana-based meme coin that is currently trading at $0.01001. Although it has experienced minor fluctuations in the past day and week, it has seen an impressive surge of 917.24% since its inception.
As the market buzzes with speculations, investors are apprehensive about whether BOME will continue to provide impressive returns or lose the gains. Let's delve into further details to understand the potential of Book of Meme crypto in the upcoming sessions.
Book Of Meme Price Shows Resilience After A Significant Jump This Week!
BOME's price today stands at $0.01001, having experienced a positive development of 2.16% within the past day. Over the past week, the memecoin faced selling pressure, with its value dropping by nearly 40%. However, This week, the bulls made a comeback at the lower levels and BONk has managed to recover nearly 75% of the losses incurred in the last week.
Despite these short-term fluctuations, the overall trend remains largely positive, with a surge of 917.24% since its inception. This indicates BOME's potential and resilience.
According to CoinMarketCap, BOME is currently the 120th largest cryptocurrency, with a market capitalization of $620.59 million. Out of a total supply of 69 billion BOME tokens, 55.2 billion tokens are currently in circulation.
<iframe title="Santiment Chart: Price (BOME), Price Volatility 1w (BOME), Volume (BOME)" width="1170" height="425" src="https://embed.santiment.net/chart?ps=book-of-meme&pt=BOME&df=2024-03-06T00%3A00%3A00.000Z&dt=2024-03-22T00%3A00%3A00.000Z&sat=shchcfg_0fkcqXWOckcn&emcg=1&emhwm=1&wm=price_usd%3Bprice_volatility_1w%3Bvolume_usd&wax=0%3B1%3B2&wc=%2333bd5d%3B%23FF5B5B%3B%236374ba&ws=%7B%22node%22%3A%22area%22%7D%3B%3B" scrolling="no"></iframe>
Although trading volume has decreased by 24.28% within the past 24 hours, BOME still maintains a healthy volume-to-market cap ratio of 44.26%. This suggests sustained interest and liquidity.
Book Of Meme Price Technical Outlook.
The RSI for BOME is at 53.98, indicating strong buying interest among users. Additionally, the SMA at 51.96 points has formed a bullish crossover with the RSI. This is often a sign of continued upward momentum in the absence of bearish signals.
In March, The higher RSI values led to a significant price correction. However, recent buying growth suggests that BOME's current RSI level could indicate sustained buying pressure rather than an imminent reversal.
Conclusion.
Book of Meme (BOME) is a Solana-based meme coin that has gained 917.24% since its inception. The crypto is currently trading at $0.01001, with a market capitalization of $620.59 million and 55.2 billion tokens in circulation.
Despite short-term fluctuations, the overall trend remains positive, indicating BOME's potential and resilience. The RSI for BOME is at 53.98, indicating strong buying interest among users, and the SMA has formed a bullish crossover with the RSI, suggesting continued upward momentum in the absence of bearish signals.
Technical levels:
Support levels: $0.0078 and $0.0015
Resistance levels: $0.0148 and $0.020
Disclaimer
The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.