Last upgraded: March 17, 2024 07:12 EDT|2 minutes checked out
Book of Meme (BOME) Price Prediction
BOME's pivot point stands at around $0.0217 marks a substantial limit, with BOME varying around vital assistance and resistance levels. Immediate resistance is set at $0.0250, followed by succeeding barriers at $0.0281 and $0.0311.
On the other hand, the possession discovers instant assistance at $0.0177, with additional cushions at $0.014413, representing a 50% Fibonacci retracement, and $0.011172 at the 61.8% Fibonacci level.
A closer evaluation of technical indications exposes a RSI (Relative Strength Index) of 77, signifying a possible overbought condition that might speed up a rate correction.
BOME Price PredictionThe 50-Day Exponential Moving Average (EMA) stands at $0.0203, recommending a fragile stability in between bullish momentum and the risk of a decline.
The BOME market has actually significantly backtracked to the 38.2% Fibonacci level at $0.0176, showing a crucial point; a definitive dip listed below this level might guide the marketplace towards the 50% or 61.8% Fibonacci levels, stressing the significance of the pivot point as a factor of future motion.
Conclusively, the BOME market radiates a meticulously bullish position, contingent upon preserving assistance above the $0.0217 pivot.
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