The price of BOOK OF MEME (BOME) has been going up today following three days of bearish decline.
With a 20% rise today, the meme coin price has been able to draw the attention of various people within the crypto space.
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A look at price action shows that BOME price broke out of a descending channel pattern 5 days ago. This was followed by a 2-day pump of about 40% before the price started to retrace in what looks like an attempt to retest the broken support.
The price has been able to retest the support at around $0.008500, and this brought in some bullish excitement that pushed the price higher. So far, the support continues to hold, and we expect to see some continued bullish movement or accumulation in the worst case.
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