The post BOME Price Revives Uptrend With 65% Upside Potential appeared first on Coinpedia Fintech News
Following the remarkable surge, the Book of Meme token, BOME, shows a price recovery to overcome the pullback. However, with the entire crypto market facing a huge sell-off wave, the meme coin takes a hit, delaying the next bullish surge.
Despite the strong underlying demand, the higher low formation teases a comeback in the coming week with the sideline traders expecting a jump beyond $0.30. So, let’s have a closer look at how the BOME price could perform with a potential market recovery around the corner.
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Following the drop in BOME price from the peak of $0.02685, the meme coin takes support at $0.01352. The support level aligns with the 61.80% Fibonacci level, leading to the ongoing bounce back. With this reversal, the meme coin is on the way to conclude the pullback.
The bullish reversal accounts for a 72% rise in the last two weeks, reflecting a grad
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