BOOK OF MEME (BOME) Opens April Under Strong Bullish Run, Will the Rally Last?
- BOME rallies 9.76%, hitting a 7-day peak at $0.01643 amidst a bullish surge.
- Market cap and volume of BOME spikes by 9.87% and 25.90%, signaling strong investor interest.
- Technical indicators hint at a potential momentum shift despite BOME’s recent gains.
Despite being in a negative phase in the last week of March, BOOK OF MEME (BOME) has begun April with positive momentum. BOME bulls have been in charge over the previous 24 hours, having established support at the intra-day low of $0.0139. During the surge, bulls drove the price to a seven-day high of $0.01643 before encountering resistance.
At press time, BOME was up 9.76% and trading at $0.01543. BOME’s market capitalization and 24-hour trading volume increased by 9.87% and 25.90%, respectively, to $855,025,793 and $868,455,316.
If the bullish momentum breaks through the $0.01643 resistance, the next resistance levels to watch out for are $0.0175 and $0.0187. However, if the bulls are unable to maintain their present pace, the $0.0139 support level may be tested again.
BOME/USD 24-hour price chart (source: CoinStats)
BOME/USD Technical Analysis
On the BOME/USD 4-hour price chart, the Relati…
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BOOK OF MEME (BOME) Opens April Under Strong Bullish Run, Will the Rally Last?
- BOME rallies 9.76%, hitting a 7-day peak at $0.01643 amidst a bullish surge.
- Market cap and volume of BOME spikes by 9.87% and 25.90%, signaling strong investor interest.
- Technical indicators hint at a potential momentum shift despite BOME’s recent gains.
Despite being in a negative phase in the last week of March, BOOK OF MEME (BOME) has begun April with positive momentum. BOME bulls have been in charge over the previous 24 hours, having established support at the intra-day low of $0.0139. During the surge, bulls drove the price to a seven-day high of $0.01643 before encountering resistance.
At press time, BOME was up 9.76% and trading at $0.01543. BOME’s market capitalization and 24-hour trading volume increased by 9.87% and 25.90%, respectively, to $855,025,793 and $868,455,316.
If the bullish momentum breaks through the $0.01643 resistance, the next resistance levels to watch out for are $0.0175 and $0.0187. However, if the bulls are unable to maintain their present pace, the $0.0139 support level may be tested again.
BOME/USD 24-hour price chart (source: CoinStats)
BOME/USD Technical Analysis
On the BOME/USD 4-hour price chart, the Relati…
The post BOOK OF MEME (BOME) Opens April Under Strong Bullish Run, Will the Rally Last? appeared first on Coin Edition.
Read More