Pepe

Bitcoin

MEME

<p>The post <a href="https://coinpedia.org/price-analysis/memecoins-on-a-run-as-pepe-and-bome-price-break-resistance/" rel="noopener noreferrer nofollow">Memecoins On A Run As PEPE And BOME Price Break Resistance?</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>The memecoin category has displayed a significant price action following the <a href="https://coinpedia.org/price-prediction/bitcoin-price-prediction/" rel="noopener noreferrer nofollow">Bitcoin</a> Halving, indicating a rising interest among investors for these tokens. Furthermore, top memecoins have recorded a significant surge in their respective portfolios over the past seven days.&nbsp;</p>
<p>Moreover, the current market sentiments indicate a high possibility of a memecoin mania in the upcoming month as the market turns bullish.</p>
<h2 class="wp-block-heading" id="h-pepe-pepe">Pepe (PEPE):</h2>
<p>The <a href="https://coinpedia.org/price-prediction/pepecoin-pepe-price-prediction/" rel="noopener noreferrer nofollow">Pepe price</a> has displayed a strong bullish reversal in its chart after trading under a bearish influence for about a month. Moreover, the price has added 4% within the past 24 hours and 52.87% over the past week, indicating a strong bullish outlook for the memecoin in the coming time.</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/o2erWWlG7Uv0mLDDIOOcrwxc307KnjK0Cd5lQr4pHO5fSHzkgiUwSTRoyAPHGGkM_G8-HxuPN40-AavcwC5Vxdh29BuL8yoS_4U0diraBVaTIw5LWvF1jT66otx-dxI-QxdGvrqIru-T1K3oZAvtv70" alt="PEPE Price Analysis">
 <figcaption class="wp-element-caption">
  TradingView: PEPE/USDT
 </figcaption>
</figure>
<p>The technical indicator, MACD, displays a rising green histogram, indicating an increase in the buying pressure in the market. Moreover, the averages show a bullish convergence, suggesting a positive price action for the altcoin in the coming time.</p>
<p>If the market pushes the price above the resistance level of $0.00000785, the price will regain momentum and prepare to test its upper resistance level of $0.000010. However, bearish price action may pull the price toward its low of $0.0000060.</p>
<h2 class="wp-block-heading" id="h-book-of-meme-bome">Book Of MEME (BOME):</h2>
<p>The BOME price has successfully claimed the title of one of the best memecoins of all time by securing the 7th spot. Furthermore, the memecoin has added 5.06% within the past 24 hours and its YTD stands at 1,161.4%, making it one of the best performers in this category.</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/TunOfCKuWBj8Q0vRWbCOu3dT5zzcNceixyKcgfb467WsJORRvAEMU9UQHdGkC3kcVJ-XBsFgVmPdxpIn6xjo_dNN_oVEfllbPbRKCvCVTpKKlryXGh04dG8R0Z3Ut4VrNhbWQ6dzMX-l_3VPGH3U7gw" alt="BOME Price Analysis">
 <figcaption class="wp-element-caption">
  TradingView: BOME/USDT
 </figcaption>
</figure>
<p>The MACD shows a constant decline in the red histogram, indicating an increase in the buying-over-selling pressure in the market. Furthermore, the averages display a high possibility of a bullish convergence this week, highlighting the price will continue gaining value this week.</p>
<p>If the market holds the price above the support level of $0.0113, the bulls will prepare to test its upper resistance level of $0.0132. Conversely, if the bears overpowered the bulls, the price would lose momentum and fall toward its lower support level of $0.0094 in the coming time.</p>

Memecoins On A Run As PEPE And BOME Price Break Resistance?

Table of Contents

CoinPedia News

Other articles published on Apr 25, 2024

Changpeng Zhao’s Defense Calls for Probation in Money Laundering Case

Best Meme Coins To Buy Thursday, April 25 – AiAkita Inu, Dogeverse, Lovely Inu, Waifu AI

3 Potential 100X Altcoins After The Bitcoin Halving

Ethereum ETFs On Hold? US Regulators Expected To Block Spot Products In May

Worldcoin Seeks OpenAI Partnership Amid Regulatory Probe

In terms of the total number of Bitcoin ATMs, Australia is ranked third globally.

Join our free newsletter for daily crypto updates!