Latest Analysis and Prediction of BOME and GME Prices October 2024
2024-10-15Bittime - BOME and GME October 2024 Price Analysis and Latest Predictions. Crypto watchers from CoinPedia News have conducted an updated analysis of the prices of two tokens that are in high demand, namely BOME and GME, in October 2024.
The following are price predictions and trends that can be expected for these two digital assets in the crypto market, especially for those of you who are interested in their growth potential for the rest of the year.
In this article, the rupiah exchange rate of IDR15,500 per US dollar is used.
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GameStop (GME) October 2024 Price Analysis
Throughout September, GameStop ($GME) price was in a steady consolidation, where it struggled to move from a sideways position.
However, the bullish movement that occurred in early October provided a bit of optimism with the price pushing above the consolidation zone around $0.003 (€46.5).
Now, the price of GME is back in the area of strong resistance, and bearish sentiment is trying to push the price below the average level.
Nonetheless, as long as the RSI indicator stays above the uptrend line, the bullish outlook for GME remains open.
The bulls seem to be accumulating strength to maintain this positive momentum.
If the bullish wave is successful, the price of GME is predicted to reach around $0.0065 in the next few weeks.
If this momentum continues, it is possible that GME could reach the ambitious target of $0.01 (IDR155) by the end of 2024.
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Book of Meme (BOME) October 2024 Price Analysis
The Book of Meme token ($BOME) is showing signs of significant upside after successfully breaking out of the descending triangle pattern that has confined the price since the beginning of the year.
By successfully crossing the trend reversal zone between $0.0076 (IDR117.8) and $0.0080 (IDR124), $BOME is giving strong bullish signals in the market.
The price is currently trying to confirm a double-bottom pattern, which is often an early indication of a further upward trend.
However, before continuing its rise, a slight retracement is predicted, and the potential support level is $0.0085 (IDR131.75).
Despite this minor correction, trading volume suggests a steady push, potentially pushing the price back to the important range between $0.01124 (IDR174.22) and $0.01155 (IDR179.02).
By the end of the year, if momentum is maintained, $BOME is even projected to break the $0.15 (IDR 2,325) level, making it one of the most anticipated tokens.
Conclusion
This analysis illustrates that GME and BOME have exciting upside potential for the rest of 2024. GME, which is currently within a strong resistance zone, shows upside potential if it is able to maintain bullish momentum above $0.0065 (IDR100.75).
On the other hand, BOME, with its breakout from a descending triangle pattern, gives an indication that the uptrend is still continuing.
If you're a crypto investor looking for potential year-end assets, GME and BOME are worth considering.
However, as always in crypto investing, it is important to pay attention to market movements and conduct a thorough analysis before making an investment decision.
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