BOOK OF MEME is Trading -24.75% Below Our Price Prediction for Oct 29, 2024

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.

  • BOOK OF MEME is up 3.86% today against the US Dollar
  • BOME/ETH increased by 3.26% today
  • BOOK OF MEME is currently trading 24.75% below our prediction on Oct 29, 2024
  • BOOK OF MEME gained 41.25% in the last month and is up 16,796.30% since 1 year ago
BOOK OF MEME price$ 0.009934
BOOK OF MEME prediction$ 0.013202 (30.10%)
SentimentBullish
Fear & Greed index69 (Greed)
Key support levels$ 0.008928, $ 0.008311, $ 0.008001
Key resistance levels$ 0.009855, $ 0.010166, $ 0.010782

BOME price is expected to rise by 30.10% in the next 5 days according to our BOOK OF MEME price prediction

BOOK OF MEME price today is trading at $ 0.009934 after gaining 3.86% in the last 24 hours. The coin outperformed the cryptocurrency market, as the total crypto market cap increased by 0.62% in the same time period. BOME performed well against BTC today and recorded a 1.38% gain against the world’s largest cryptocurrency.

According to our BOOK OF MEME price prediction, BOME is expected to reach a price of $ 0.013202 by Oct 29, 2024. This would represent a 30.10% price increase for BOME in the next 5 days.

BOME Price Prediction Chart

Buy/Sell BOOK OF MEME

What has been going on with BOOK OF MEME in the last 30 days

BOOK OF MEME has been displaying a positive trend recently, as the coin gained 41.25% in the last 30-days. The medium-term trend for BOOK OF MEME has been bullish, with BOME increasing by 15.55% in the last 3 months. The long-term picture for BOOK OF MEME has been positive, as BOME is currently displaying a 16,796.30% 1-year price change. On this day last year, BOME was trading at $ 0.000059.

BOOK OF MEME reached its all-time high price on Mar 16, 2024, when the price of BOME peaked at $ 0.026886. The current BOME cycle high is $ 0.011323, while the cycle low is at $ 0.005232. BOME has been displaying high volatility recently – the 1-month volatility of the coin is at 16.53. BOOK OF MEME recorded 14 green days in the last 30 days.

BOOK OF MEME technical analysis for today – Oct 25, 2024

The sentiment in the BOOK OF MEME markets is currently Bullish, and the Fear & Greed index is reading Greed. The most important support levels to watch are $ 0.008928, $ 0.008311 and $ 0.008001, while $ 0.009855, $ 0.010166 and $ 0.010782 are the key resistance levels.

Bullish sentiment for BOOK OF MEME

23 indicators are currently signaling a bullish prediction for BOOK OF MEME, while 1 indicators are showing a bearish forecast. With 96% of indicators favoring a positive prediction. This results in an overall Bullish sentiment for BOOK OF MEME.

Crypto market is currently experiencing Greed

Currently, the Fear & Greed index is at 69 (Greed), which signals that investors have a positive outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.

BOOK OF MEME moving averages & oscillators

Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how BOOK OF MEME is positioned in the market right now.

PeriodDaily SimpleDaily ExponentialWeekly SimpleWeekly Exponential
MA3$ 0.008697 (BUY)$ 0.009116 (BUY)
MA5$ 0.009166 (BUY)$ 0.008933 (BUY)
MA10$ 0.008571 (BUY)$ 0.008386 (BUY)
MA21$ 0.007791 (BUY)$ 0.007730 (BUY)$ 0.00 (BUY)$ 0.004615 (BUY)
MA50$ 0.007027 (BUY)$ 0.007298 (BUY)
MA100$ 0.007370 (BUY)$ 0.007651 (BUY)
MA200$ 0.009050 (BUY)$ 0.008442 (BUY)
PeriodValueAction
RSI (14)60.40NEUTRAL
Stoch RSI (14)88.16SELL
Stochastic Fast (14)67.89NEUTRAL
Commodity Channel Index (20)66.67NEUTRAL
Average Directional Index (14)38.10BUY
Awesome Oscillator (5, 34)0.00NEUTRAL
Momentum (10)0.00NEUTRAL
MACD (12, 26)0.00NEUTRAL
Williams Percent Range (14)-32.11NEUTRAL
Ultimate Oscillator (7, 14, 28)54.13NEUTRAL
VWMA (10)0.01BUY
Hull Moving Average (9)0.01BUY
Ichimoku Cloud B/L (9, 26, 52, 26)0.01NEUTRAL

The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for BOOK OF MEME is at 60.40, suggesting that BOME is currently neutral.

The 50-day Simple Moving Average (SMA 50) takes into account the closing price of BOOK OF MEME over the last 50 days. Currently, BOOK OF MEME is trading below the SMA 50 trendline, which is a bearish signal.

Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the BOME closing price for the last 200 days. BOME is now trading below the SMA 200, signaling that the market is currently bearish.

The bottom line about this BOOK OF MEME prediction

After considering the above factors, we can conclude that the current forecast for BOOK OF MEME price prediction is Bullish. BOME would have to increase by 30.10% to hit our $ 0.013202 target within the next five days. Moving forward, it will be important to monitor the BOME market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term BOOK OF MEME price predictions click here.

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.

Source: https://coincodex.com/article/50856/book-of-meme-prediction-october-25-2024/