Visit the Pepe Unchained Presale<\/span><\/a><\/p>\n4. michi (SOL) (MICHI)<\/b><\/h3>\n
The live price of $MICHI is now at $0.5618, showing a 43.94% increase in just 24 hours. Its market cap has reached $312.26 million, with a 24-hour trading volume of $50.09 million—an impressive 192.59% jump in volume. The circulating supply is 555.76 million coins, representing the maximum supply of $MICHI.<\/span><\/p>\nRight before this bullish trend, trading volume hit six units but then dropped and stabilized, showing a slowdown in market activity. This trend hints at a pause in price movement for now.<\/span><\/p>\nDuring the surge, a large green candlestick indicated strong buying interest as $MICHI’s price spiked. Afterwards, the market began a consolidation phase with smaller green and red candles, showing indecision among traders. This pattern suggests that investors are evaluating the new price level before making any precise moves.<\/span><\/p>\n<\/p>\n
The bullish momentum initially looked strong but has since levelled off, as reflected in the sideways price movement. This suggests a cautious market sentiment, with traders waiting to see if the uptrend will continue or if a correction is due. The price has formed some key support and resistance levels.<\/span><\/p>\nCurrently, resistance is set at $0.5845. If this level breaks with increased trading volume, there may be further potential for an upward move. On the downside, support has formed around $0.5604. If the price revisits this level, it will test whether buyer interest remains strong enough to keep the momentum going.<\/span><\/p>\n5. Book of Meme (BOME)<\/b><\/h3>\n
BOME’s recent price surge has caught the eye of many investors. It managed to break out of a descending triangle pattern, where it had been stuck for about a month. Moreover, it crossed the trend reversal zone between $0.0076 and $0.0080, signalling growing bullish sentiment. While it’s working on a potential double-bottom pattern, a minor pullback could happen before the upward trend resumes.<\/span><\/p>\nBOME has now moved past its resistance zone, showing potential to reclaim the critical range between $0.01124 and $0.01155. A slight dip to $0.0085 might occur as trading volume builds, but On-Balance Volume (OBV) has rebounded and continues to climb, suggesting a breakout from previous bearish levels could be near. Analysts predict BOME’s price may stay high for the rest of 2024, possibly surpassing $0.15 by year’s end.<\/span><\/p>\n<\/p>\n
With an expected alt season approaching, Book of Meme (BOME) is a promising project. At the time of writing, BOME trades at $0.01094, up 19.78% in the past 24 hours and 26.71% over the week. Its RSI of 44 suggests it’s undervalued, presenting a potential buy opportunity. If the alt season takes off, BOME could reach as high as $0.02.<\/span><\/p>\n