Meme Coins MOG & BOME Continue Fearless Bull Run Amid Market Pullback

Ignoring the bearish noise with the recent correction in the Bitcoin price, the meme coins, MOG, and Book of MEME (BOME) maintain a bullish trend. With a breakout and reversal trend, the meme coins tease a trend continue in this week.

Further, with a potential market recovery, MOG coin and Book of Meme could spearhead the next wave. So, let’s take a closer look at the price charts of MOG and BOME for a clearer view. 

MOG Coin Bull Cycle Eyes 25% Extended Run

The bullish dominance at the 50D EMA propelled the MOG price with a demand surge, resulting in two consecutive green candles. Rising with the surprising volumes as Bitcoin corrects, the meme coin has increased by 22% within 48 hours.

Approaching the long-coming resistance trendline, the bullish revival will challenge the 1.618 Fibonacci level at $0.000002162. Furthermore, the price jump teases a rounding bottom reversal with a neckline near the $0.000000235 level. 

The daily RSI line shows an uptick from the halfway line to cross above the 14-day SMA. Meanwhile, the 50D EMA continues to provide dynamic support for the MOG coin. A bullish breakout of the trendline pumps the meme coin for a new all-time high at $0.0000030.  

Breakout Opens Up 100% Upside For This Meme Coin

Ending the long-term correction phase under the influence of a descending triangle’s trendline, BOME makes a comeback. With a 15.50% bullish surge surpassing the supply line and the 50D EMA overnight. 

Further, the BOME price action teases a triple white soldier pattern upon the breakout. Currently, the meme coin trades at $0.0105 as it reclaims the psychological mark; the bull run will likely pick up pace this week. 

As per the trend-based Fibonacci levels, the BOME price could shoot up to the $0.01824 or $0.020 mark. Hence, with an upside potential of up to 100% this week, the Book of Meme could spearhead the next recovery wave in the crypto market.