A crypto analyst now predicts a massive reversal for one memecoin after finally breaking out of an accumulation range.
An analyst recognized for timely altcoin predictions believes a significant trend reversal is happening for a lesser-known meme token.
The pseudonymous crypto strategist Bluntz shared with his 283,700 followers on X that Book of Meme (BOME) appears bullish after a substantial breakout from its accumulation phase.
He noted, “BOME daily looks like a MONSTER breakout now.
I doubt I’ll catch any flak for discussing a $700 million market cap coin.”
According to his analysis, Bluntz expects BOME to rise to $0.03, indicating a potential increase of over 220% from its current price of $0.00932.
The trader also revealed his current portfolio, which consists mainly of memecoins.
“My holdings change frequently based on which charts look the most promising at any given time (astrology for men).
I’m always searching for the fastest horses but try not to diversify too much.
I focus heavily on a select few picks, usually up to 10 at most.”
His current selections at the time of this writing include:
- WIF
- BOME
- SILLY
- SLERF
- PENG
- CAT
Another meme token catching Bluntz’s attention is “Cat in a Dog’s World” (MEW).
He mentioned that MEW looks strong after breaking through its diagonal resistance on the daily chart, stating,
“A huge daily downtrend breakout on MEW overnight.
I find that pretty significant.”
MEW is trading at $0.008206 at the time of this publication.
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Also Read: The SEC Is Now Under Massive Scrutiny Following XRP Appeal
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