Is BOOK OF MEME Gearing Up for a Major Rally?
The post Is BOOK OF MEME Gearing Up for a Major Rally? appeared on BitcoinEthereumNews.com.
BOOK OF MEME rallies over 17%, trading at $0.0029. BOME’s daily trading volume has jumped by over 122%. The crypto market cap has reached $3.36 trillion after the recent recovery attempt from the bearish grip. Major assets have entered the bullish territory. Notably, the meme coin market cap is found at around $80 billion, with BOOK OF MEME (BOME) registering a solid 17.25% jump. In the early hours, BOME traded at a low range of $0.002407. Later, the ignited bullish push has broken through crucial resistances between $0.0025 and $0.0031, triggering the meme coin to climb to a peak of $0.00322. At the time of writing, BOOK OF MEME traded within the $0.002906 range, with a market cap of $200 million. Consequently, the daily trading volume of the meme coin has increased by 122%, reaching $355 million. Along with the market has witnessed a $1.53 million liquidation in BOME, according to Coinglass. The BOOK OF MEME price has recorded a gain of over 108% in the last seven days. The week opened trading at the $0.0013 range, and the mighty bullish wave has sent the price to the current trading level. Could BOME’s Uptrend Signal More Gains Ahead? BOME’s four-hour price trajectory reports the bullish momentum, triggering the price to find its key resistance at the $0.002965 range. A sustained position above the upper trendline might ignite the golden cross to form, driving the price to break beyond $0.0030. Assuming the bears are making a comeback, it could likely pull the asset downward to its support at around $0.002871. Failing to hold this level might trigger the emergence of the death cross, opening the gateway for a deeper decline toward $0.0027 or lower. BOOK OF MEME’s Moving Average Convergence Divergence (MACD) line has crossed over the signal line. It typically…
Filed under: News - @ May 14, 2025 7:25 pm