{"id":587024,"date":"2024-10-14T12:07:42","date_gmt":"2024-10-14T12:07:42","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=587024"},"modified":"2024-10-14T12:07:42","modified_gmt":"2024-10-14T12:07:42","slug":"book-of-meme-price-prediction-bome-soars-23-as-pepe-unchained-rockets-past-19-4-million-in-presale","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/book-of-meme-price-prediction-bome-soars-23-as-pepe-unchained-rockets-past-19-4-million-in-presale","title":{"rendered":"Book Of Meme Price Prediction: BOME Soars 23% As Pepe Unchained Rockets Past $19.4 Million In Presale"},"content":{"rendered":"

The Book Of Meme price has soared 23% in the last 24 hours to trade at 0.008876<\/a> as of 3:30 a.m. EST fueled by a 161% surge in trading volume to $845 million.<\/p>\n

Book Of Meme Price Breaks Above The Rounded Bottom<\/h2>\n

The BOME\/USD price chart shows clear signs of a bullish breakout, highlighted by the formation of a rounded bottom pattern, strongly indicating a potential trend reversal from bearish to bullish.<\/p>\n

The price has successfully broken above the neckline, which is positioned at $0.009045, confirming the breakout and signaling a possible continuation of the upward trend.<\/p>\n

The Simple moving average, the 50-day SMA, is currently at $0.00673225, while the 200-day SMA is slightly lower at $0.00669797. A potential SMA crossover is on the horizon, where the 50-day SMA might cross above the 200-day SMA, forming what is known as a golden cross, a powerful bullish signal that points to sustained upward momentum.<\/p>\n

\"Book<\/p>\n

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

The MACD indicator also supports this bullish outlook, with the MACD line (0.000518) crossing above the signal line (0.000333), indicating increasing buying pressure. The rising MACD histogram further confirms this growing momentum on the buy side. While bullish, there could be a short-term pullback or consolidation before the next leg higher, as the price has surged significantly in a relatively short time.<\/span><\/p>\n

Book Of Meme Price Could Continue The Uptrend<\/h2>\n

The breakout point at $0.009045 serves as a crucial marker, with the next potential resistance around $0.01. On the downside, the $0.0067 level, aligning with both the 50-day and 200-day moving averages, acts as critical support. A drop below this support could signal a possible reversal of the bullish trend and trigger a correction.<\/p>\n

While the chart reflects strong bullish momentum, supported by multiple indicators, the overbought RSI suggests that some consolidation or a minor pullback could occur before the price continues its upward movement.<\/p>\n

Pepe Unchained Closes On $20 Million<\/h2>\n

As the Book of Meme price continues to climb, the new meme coin Pepe Unchained<\/a>(PEPU)<\/a><\/span> is rapidly gaining momentum, with its presale blasting past $19.4 million and showing no signs of slowing down.<\/p>\n

Recent large investments in Pepe Unchained include significant contributions from a whale investor, with purchases of $50,000, $16,000 and $15,000 last week. The tokens also were staked, signaling a long-term commitment to the project.<\/p>\n

Popular YouTuber Austin Hilton, who boasts over 275k subscribers, revealed in a recent video that he also has more than doubled his initial $10K investment in the token.<\/p>\n