BOME and BONK turned bullish recently, but dogwifhat [WIF] seemed to have missed out on this trend as it was down by 6%
Notably, BOME was up by more than 11%, while BONK’s value surged by over 7% in the last seven days. At press time, BOME was trading at $0.01203, and BONK had a value of $0.01203.
Surprisingly, despite a double-digit price rise, BOME’s Weighted Sentiment dropped. This meant that bearish sentiment around the meme coin was dominant in the market.AMBCrypto then analyzed BOME and BONK’s daily charts to see whether they would sustain their bull momentum. Beginning with BOME, we found that the meme coin was about to test its resistance at $0.0126.
However, the Relative Strength Index registered a downtick, indicating that BOME might not be able to sustain its bull rally.Interestingly, unlike BOME, BONK’s indicators suggest that the meme coin’s bull rally has just begun. For instance, its MACD displayed the possibility of a bullish crossover. As per CoinMarketCap, at the time of writing, WIF was trading at $2.83 with a market capitalization of over $2.8 billion. However, the bearish trend might end soon.
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