{"id":574471,"date":"2024-09-09T14:06:02","date_gmt":"2024-09-09T14:06:02","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=574471"},"modified":"2024-09-09T14:06:02","modified_gmt":"2024-09-09T14:06:02","slug":"bobo-price-prediction-bobo-pumps-53-while-this-pepe-2-0-ico-rockets-past-12-5-million","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/bobo-price-prediction-bobo-pumps-53-while-this-pepe-2-0-ico-rockets-past-12-5-million","title":{"rendered":"BOBO Price Prediction: BOBO Pumps 53% While This PEPE 2.0 ICO Rockets Past $12.5 Million"},"content":{"rendered":"

The BOBO price has pumped 53% in the last 24 hours to trade at $0.0000006549<\/a> as of 3:20 a.m. EST on a 73% surge in trading volume to $3.6 million<\/p>\n

BOBO Price Bulls Initiate A Bullish Rally<\/h2>\n

The BOBO\/USDT trading pair on a daily timeframe shows that the price is currently moving within a descending channel, which has been the dominant pattern for several weeks.<\/p>\n

This channel indicates a downtrend, but it also sets up a scenario for a potential breakout if key resistance levels are breached. A key area of interest is the support zone around $0.00006531, which has held firm and may prevent further decline.<\/p>\n

\"BOBO\"<\/p>\n

BOBOUSD Analysis Source: Dextools.io<\/p>\n

Additionally, the price is approaching a possible bullish signal as the 50-day and 200-day moving averages (SMA) are converging. If a moving average crossover occurs, particularly a Golden Cross where the 50-day MA crosses above the 200-day MA, it could signal the start of an upward trend.<\/p>\n

BOBO Price Surges On Technicals<\/h2>\n

Technical indicators are also showing mixed signals. The MACD, while still in bearish territory, shows signs of a possible bullish crossover, indicating a reduction in bearish momentum. the histogram bars are also beginning to increase<\/p>\n

The RSI is at 50.46, which is a neutral level. Increased momentum should be able to push the RSI to the overbought region of 70 indicating intense buying pressure.<\/p>\n

If the price breaks above the descending channel and clears the resistance near $0.000082, it could target the area around $0.0000132, indicating a significant upside. However, if the price fails to break out and falls below the support at $0.00006531, the risk of further downside increases.<\/p>\n

Pepe Unchained Raises Over $12.5 Million: Best Meme Coin To Buy Today?<\/h2>\n

As the BOBO price continues its bullish rally, the new Layer 2 meme coin Pepe Unchained (PEPU)<\/a> has blasted past $12.5 million in early funding in its ICO.<\/p>\n

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Boom! $12M raised!<\/p>\n

Pepe Unchained is crushing milestones and gearing up for the next big leap 🐸💪 pic.twitter.com\/Cr2MI0CESp<\/a><\/p>\n

— Pepe Unchained (@pepe_unchained) September 5, 2024<\/a><\/p><\/blockquote>\n