bullish

Bitcoin

MEME

Coin

The post <a href="https://coinpedia.org/price-analysis/meme-coins-mog-bome-continue-fearless-bull-run-amid-market-pullback/" rel="noopener noreferrer nofollow">Meme Coins MOG &amp; BOME Continue Fearless Bull Run Amid Market Pullback</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a>
Ignoring the bearish noise with the recent correction in the Bitcoin price, the meme coins, MOG, and Book of MEME (BOME) maintain a bullish trend. With a breakout and reversal trend, the meme coins tease a trend continue in this week.
Further, with a potential market recovery, MOG coin and Book of Meme could spearhead the next wave. So, let’s take a closer look at the price charts of MOG and BOME for a clearer view.&nbsp;
<h2 class="wp-block-heading" id="h-mog-coin-bull-cycle-eyes-25-extended-run">MOG Coin Bull Cycle Eyes 25% Extended Run</h2>
The bullish dominance at the 50D EMA propelled the MOG price with a demand surge, resulting in two consecutive green candles. Rising with the surprising volumes as Bitcoin corrects, the meme coin has increased by 22% within 48 hours.
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfm_-0h1SoHI8lHnOv_hWI0aWTlJ89iGn78lTG1DG6-GCvFRl-ZJ-uzFXiTITOBUIc01b1ZHXjrL9B_0UWbhh6498gpXtXpI28m1dnkDmKJWN_zO3tJc9dBZLiDiwHqHvjWZqBjXFG4TfRd0DUlCswriX1J?key=No3QDnkHZ30LutCXUA4EVw" alt="">
</figure>
<a href="https://www.tradingview.com/x/gywK5JvT/" rel="noopener noreferrer nofollow">TradingView</a>
Approaching the long-coming resistance trendline, the bullish revival will challenge the 1.618 Fibonacci level at $0.000002162. Furthermore, the price jump teases a rounding bottom reversal with a neckline near the $0.000000235 level.&nbsp;
The daily RSI line shows an uptick from the halfway line to cross above the 14-day SMA. Meanwhile, the 50D EMA continues to provide dynamic support for the MOG coin. A bullish breakout of the trendline pumps the meme coin for a new all-time high at $0.0000030.&nbsp;&nbsp;
<h2 class="wp-block-heading" id="h-breakout-opens-up-100-upside-for-this-meme-coin">Breakout Opens Up 100% Upside For This Meme Coin</h2>
Ending the long-term correction phase under the influence of a descending triangle’s trendline, BOME makes a comeback. With a 15.50% bullish surge surpassing the supply line and the 50D EMA overnight.&nbsp;
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXcOtC8lRyr424n43VOiNZfvoZ3YAT61jHya-kZ2u2grQA1fYeNYjbcVNUthyR1WO0dcRG2q4uZMujbuxy7As6pMAJuwEbMbregUVgbXihT-0Z4Wh2B9PUf2AhfZ_fnYSigQLaUTuoC_uakBoE6GwegQjGRP?key=No3QDnkHZ30LutCXUA4EVw" alt="">
</figure>
<a href="https://www.tradingview.com/x/xiU3dmyj/" rel="noopener noreferrer nofollow">TradingView</a>
Further, the BOME price action teases a triple white soldier pattern upon the breakout. Currently, the meme coin trades at $0.0105 as it reclaims the psychological mark; the bull run will likely pick up pace this week.&nbsp;
As per the trend-based Fibonacci levels, the BOME price could shoot up to the $0.01824 or $0.020 mark. Hence, with an upside potential of up to 100% this week, the Book of Meme could spearhead the next recovery wave in the crypto market.&nbsp;

Meme Coins MOG & BOME Continue Fearless Bull Run Amid Market Pullback

Зміст

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Інші статті, опубліковані 30 лип. 2024 р.

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