Rally

Reversal

MEME

Coin

The post <a href="https://coinpedia.org/price-analysis/bome-and-meme-coin-offer-reversal-entry-with-breakout-chances/" rel="noopener noreferrer nofollow">BOME and Meme Coin Offer Reversal Entry With Breakout Chances&nbsp;</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a>
As the broader market conditions are as volatile as ever, the bullish trend in the meme coins is taking a hit. However, low-cap meme coins like BOME and MEME display a possibility for a turnaround from crucial support.&nbsp;
With the turnaround momentum and breakout chances, will these low-cap meme coins lead to a bull run next week?&nbsp;
<h2 class="wp-block-heading" id="h-bome-reversal-at-0-00882-nbsp">BOME Reversal At $0.00882&nbsp;</h2>
With a morning star pattern at $0.0082, the BOME price trend showcases a positive cycle chance in the daily chart. The Book of MEME coin showed a price jump of 5.42% last night at the crucial support level.&nbsp;
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXfY3G3_bSWv6E64sV3kDBf3gbuVhGDHuYj4z7SFncXVhAFDzRMlr5ltooMoxrMD00z66wPRa9VVj11Ue3u1yJCME7wTWM9qg_dwTghTTAldLXNtCqEYauu2-urusR67x3k_iK6NOgdKzVv4lw4ch_cyckCs?key=HbcfSLB6pLs5wXqPZPEuAw" alt="">
</figure>
<a href="https://www.tradingview.com/x/zTzZyET5/" rel="noopener noreferrer nofollow">TradingView</a>
Furthermore, the BOME price daily chart shows a declining trend, forming a resistance trendline. This bearish phase forms a declining triangle pattern, keeping the bullish growth under check.&nbsp;
Currently, the meme coin trades at a $0.0087 price with an intraday pullback of 1.55%, reflecting an intraday weakness. However, the daily RSI line shows a bullish divergence in the last few dips at the $0.0082 mark.&nbsp;
Optimistically, a reversal rally can reach the overhead resistance trendline by surpassing the $0.010 mark. A trendline breakout rally can reach the $0.0188 mark.&nbsp;
<h2 class="wp-block-heading" id="h-meme-coin-price-breakout-rally-eyes-0-025">MEME Coin Price Breakout Rally Eyes $0.025</h2>
With a bearish trend in motion, the MEME coin price action shows a falling wedge in the daily chart. The falling wedge pattern is seen in multiple altcoins in the current market condition, suggesting a pullback phase. However, the recent jump overnight teases a positive cycle within the pattern.&nbsp;
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXfDRmzBctxgg1CSIN-unxM_8kN0CV286ZS7pxDKL3F_K15-FkdDFe44N2NA1TwoFfgj_T4A7hEKDApiIg8J88eH8ggF6-9wKLLp0OKi4WQL5C27a5DrFr0V5tZulR4WAVRHgdE3vVb-FZm6LNApMYyvkQAP?key=HbcfSLB6pLs5wXqPZPEuAw" alt="">
</figure>
<a href="https://www.tradingview.com/x/w5K4OtU4/" rel="noopener noreferrer nofollow">TradingView</a>
Currently, the MEME price trades at $0.01943 with an intraday drop of 1.86%, following the 7.58% jump last night. The overnight jump formed a morning star pattern at the crucial support trendline, revealing strong reversal chances.&nbsp;
Considering the reversal momentum sustains, the meme coin price can challenge the overhead trendline near $0.025.&nbsp;&nbsp;Further, a bullish breakout rally can result in a price jump to the $0.050 psychological milestone.

BOME and Meme Coin Offer Reversal Entry With Breakout Chances

Table of Contents

CoinPedia News

دیگر آرٹیکلز 21 جون، 2024 پر پبلش کیے گئے ہیں

Ripple and SEC Developments Affect XRP Price

Why Crypto Influencer Ignored Logan Paul’s NFT Lawsuit

How MoonBag’s Incredible Growth Strategy Made it the Best Crypto Presale in June 2024, Luring Cos...

MATIC’s bearish week to turn bullish? Analysts predict rally to $4-$5

Whales Abandon Dogecoin Price Prediction And Cardano For BlockDAG: X1 Mining App Projects $6,000 ...

Standard Chartered Dives Deeper into Crypto with Spot Bitcoin, Ethereum Trading Desk

Join our free newsletter for daily crypto updates!