Bone ShibaSwap, also known as BONE, is one of the few meme coins that had a positive run on Monday. The meme coin is best known for being a token of t
he Shiba Inu ecosystem but is slowly emerging into an entity of its own, provided it can attract enough users to fuel its long overdue recovery. Trading at $0.82 at the time of writing, the meme coin was up by a little under 6% over the past 24 hours. Bone ShibaSwap rising by 6% is not a big deal, but considering the past couple of days, it makes all the difference.
Combining this with the Relative Strength Index shows that a clearly bearish outcome is likely as the indicator is deep in the bearish zone as of now.
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