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The Brett price pumped over 8% in the last week following a 4% pump in the past 24 hours to trade at $0.1589 as of 12:00 a.m. EST.
With this latest price increase, the BRETT price is up more than 105% on the monthly timeframe.
The Brett Price Keeps A Crucial Support
4-hour chart for BRETT/USD (Source: GeckoTerminal)
The Brett price rebounded off of the $0.1518 support over the past 24 hours. It has since entered into a consolidation period between this key support level and the major resistance at $0.1680. This period of sideways trading suggests BRETT could go either way in the next 24 hours.
Should bulls identify the Brett price’s current level as a buy opportunity, the altcoin might attempt to challenge the $0.1680 resistance. Overcoming this market could then give it the technical foundation needed to keep climbing, and potentially soar to as high as $0.1823 as a result.
On the other hand, a bearish scenario might lead to the Brett price losing the $0.1518 support. BRETT could subsequently plunge to the next key mark at $0.1356 in the following 24 hours.
New Bullish Signs Suggest The Brett Price Could Keep Rising
Technical indicators on BRETT’s 4-hour chart suggest the crypto’s price might keep rising in the next few hours. Both the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) are starting to show bullish signs.
The RSI is currently valued at above 50, which traders usually see as a sign of bullish strength. In the last few hours, the indicator has also started to slope positively to suggest that buyers on Brett’s charts are accumulating more strength against sellers.
Meanwhile, a major bullish technical flag is also on the verge of being triggered by the MACD, with the MACD line rising towards the MACD Signal line. These two lines crossing in the next 24 hours could indicate that the Brett price has entered a positive short-term cycle.
If the bullish signs present on BRETT’s 4-hour chart are validated, the altcoin might try to flip the $0.1680 resistance into support soon.
While the Brett price shows bullish strength, investors are rushing to buy a new meme coin by the name of Base Dawgz (DAWGZ) that could challenge BRETT’s dominance in the Base ecosystem.
A Meme Coin Backed By Powerful Cross-Chain Technology
Base Dawgz (DAWGZ) is looking to dominate the Base meme coin ecosystem. And it’s a strong challenger because DAWGZ offers high levels of utility with its cross-chain capabilities.
Although DAWGZ calls the layer 2 network Base its home, token holders are also able to interact with the token on Ethereum, Solana, Binance Smart Chain and Avalanche. Investors are therefore able to seamlessly shift value across some of the most liquid and active blockchain networks in the digital asset space.
With this cross-chain interoperability, Base Dawgs could be the next 100x opportunity to hit the thriving Base meme coin ecosystem, according to renowned crypto YouTuber Jacob Bury.
Incentivizing Investors To Spread The Word
DAWGZ has raised more than $2.19 million via its ongoing ICO. One reason is that the project offers various incentives for anyone who helps spread the word about DAWGZ online.
To achieve organic growth, Base Dawgz encourages crypto community members to market the token through its refer and earn initiative. Anyone is able to earn up to 10% of the purchase amounts for any trades generated through their unique affiliate link.
There is also an airdrop campaign that is exciting investors. To become eligible, crypto community members must generate content related to Base Dawgz and share it online. Each piece of content will earn points, which can then be used to redeem DAWGZ during its airdrop.
Investors looking to purchase the token can utilize the simple buy widget embedded on the project’s official website. Selling for $0.005534, DAWGZ can be bought using either BASE, SOL, ETH, AVAX, BNB or USDT.
Buyers will want to act fast because the token’s price is scheduled to increase in less than four days.
Purchase DAWGZ here before its price increases.
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