Book of Meme Price Prediction as BOME Reaches $1 Billion Market Cap – Time to Buy?
Book of Meme Designate Prediction as BOME Reaches $1 Billion Market Cap – Time to Buy?
The BOOK OF MEME (BOME) has particularly surpassed the $1 billion market cap imprint, attracting substantial attention in a unstable market. On March 17, this asset saw trading quantity of $4.73 billion within a single day.
Despite energetic trading, BOME skilled a little downturn of 3.25%, adjusting its tag to $0.018560. With a exact market capitalization of $1.02 billion, BOME holds the #101 station on CoinMarketCap, supported by a circulating supply of 55.2 billion money.
Book of Meme (BOME) Designate Prediction
BOME’s pivot level stands at spherical $0.0217 marks a indispensable threshold, with BOME fluctuating spherical excessive enhance and resistance ranges. Instantaneous resistance is determined at $0.0250, adopted by successive barriers at $0.0281 and $0.0311.
Conversely, the asset finds instantaneous enhance at $0.0177, with extra cushions at $0.014413, equivalent to a 50% Fibonacci retracement, and $0.011172 on the 61.8% Fibonacci stage.
A more in-depth examination of technical indicators finds a RSI (Relative Energy Index) of 77, signaling a capacity overbought situation that would precipitate a tag correction.
BOME Designate PredictionThe 50-Day Exponential Intelligent Common (EMA) stands at $0.0203, suggesting a peaceable equilibrium between bullish momentum and the specter of a downturn.
The BOME market has particularly retraced to the 38.2% Fibonacci stage at $0.0176, indicating a excessive juncture; a conclusive dip beneath this stage may well steer the market in direction of the 50% or 61.8% Fibonacci ranges, emphasizing the importance of the pivot level as a determinant of future lunge.
Conclusively, the BOME market exudes a cautiously bullish stance, contingent upon asserting enhance above the $0.0217 pivot.
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Source : cryptonews.com
