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The post <a href="https://coinpedia.org/price-analysis/bome-price-revives-uptrend-with-65-upside-potential/">BOME Price Revives Uptrend With 65% Upside Potential</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a> 
Following the remarkable surge, the Book of Meme token, BOME, shows a price recovery to overcome the pullback. However, with the entire crypto market facing a huge sell-off wave, the meme coin takes a hit, delaying the next bullish surge. 
Despite the strong underlying demand, the higher low formation teases a comeback in the coming week with the sideline traders expecting a jump beyond $0.30. So, let’s have a closer look at how the BOME price could perform with a potential market recovery around the corner. 
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<a href="https://www.tradingview.com/x/zJhhJ4ng/">GeckoTerminal</a> 
Following the drop in BOME price from the peak of $0.02685, the meme coin takes support at $0.01352. The support level aligns with the 61.80% Fibonacci level, leading to the ongoing bounce back. With this reversal, the meme coin is on the way to conclude the pullback. 
The bullish reversal accounts for a 72% rise in the last two weeks, reflecting a gradual recovery and hints at a stronger rally ahead. Moreover, the uptrend in BOME price leads to a support trendline formation in the 4H chart. 
Currently, the meme coin trades at $0.01685, with a 20% surge last night, reflecting a strong bull run in motion. With the buyers sustaining dominance above the 50% Fib level and the ongoing brawl at the 38.20% level, the BOME price stands at a pivotal stage.&nbsp; 
<h2 class="wp-block-heading" id="h-will-bome-price-top-0-030">Will BOME Price Top $0.030?</h2> 
With the strong selling spree in the top altcoins and Bitcoin, the meme coin industry also takes a hit. As the top meme coins are under extreme supply pressure, the underlying demand is challenged.&nbsp; 
As per the BOME price analysis, the support trendline could prolong the uptrend to surpass the previous peak at $0.026. Therefore, the meme coin shows an upside potential of 65%. Further, the prolonged uptrend with the breakout rally could hit the $0.030 mark.&nbsp;

BOME Price Revives Uptrend With 65% Upside Potential

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