BOOK OF MEME Price Prediction: 2024, 2025, 2030

BOME price prediction: Key highlights

1. Primary support and resistance levels

• BOME’s lowest support was observed at $0.0056 on the daily time frame.
• $0.0108 was the highest resistance level.

2. Market sentiment

• As of September 2024, bearish sentiment remains dominant in the BOME market.

3. Predictive forecasts

• Based on predictions from our AI/ML algorithms, the average price of BOME is expected to exceed $0.0200 by 2031 and increase to over $0.0300 by 2034.

Stay informed on BOME’s future trajectory through a comprehensive daily technical analysis, followed by the coming days of the month, upcoming months, and yearly forecast tables derived from our AI/ML-based predictive models: 

BOME technical analysis: Can the bullish resurgence last?

The Solana (SOL) blockchain has emerged as a hub for numerous new and trending memecoins. This surge in popularity has not only elevated the prices of these coins but also boosted the value of SOL. One of the most recent entrants in the market is BOME. Due to its novelty, the daily trading chart provides insights to frame a BOOK OF MEME price prediction for 2024.

The analysis period was characterized by bearish dominance. Regardless, the memecoin pumped to test the peak chart resistance of $0.0108 by the end of July. AMBCrypto noted that BOME’s surge was more substantial than the broader crypto market.

Nonetheless, failure to flip this level bullishly preceded more declines, as the market witnessed consecutive red candles. This downtrend pulled the price to the lowest support of $0.0056 in early August. However, the bulls regrouped and reclaimed $0.0068 by the second week.

The simultaneous test of $0.0078 led to a pullback, causing intermittent dips below the latter level. After repeated struggles, the bulls established a standing at $0.0068 again. In late August, the renewed rally pushed the price over the former level. 

However, the bears' resurgence resulted in continued drops, driving BOME to $0.0060. As September commenced, this level was lost to sellers. Concurrently, the price consolidated between this and the lowest support for the first week. 

Remarkably, a bullish breakout pushed the price over $0.0060. At press time, the memecoin traded at $0.0061. 

If this rally continues, BOME could rise to retest and overcome its closest resistance at $0.0068. Meanwhile, the $0.0108 represented a significant liquidation range. A bullish flip of this level can tilt the trend decisively in buyers’ favor and pave the way for the token to rally toward $0.0128 and $0.0150. 
 

Nonetheless, if the price faces rejection at the current resistance, the likelihood of further losses can be high. In this case, the price may again plummet to its lowest floor, representing a valuation loss.

According to our prediction models, BOME's price is expected to experience unhurried growth. In 2031, the average price is anticipated to exceed $0.0200. Looking ahead to 2034, the memecoin will increase to over $0.0300.

BOME’s 2024 roadmap: Key indicators to watch and trade

• The Relative Strength Index (RSI) dropped below the 50 line in early August. It predominantly retained this position, albeit with a brief surge in late August. As the analysis ended, the indicator registered at 44.64, reflecting bearish dominance.
• The 50-day (blue) and 100-day (yellow) Exponential Moving Averages (EMAs) were established as price resistances in early August. Towards the end of the month, the candles briefly moved close to the shorter EMA but dropped again, indicating continued selling pressure.
• Overall, trading volume remained lackluster. Notably, the token’s drop to the lowest support attracted substantial buying interest. However, this was unsustainable, highlighting a lack of investor confidence.