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The Brett price dropped 12% in the last 24 hours to trade at $0.1303 as of 4 a.m. EST on trading volume that surged 59% to $35 million.
Brett is one of the largest and most popular meme coins, currently holding the position of the 7th-largest meme coin by market capitalization in the entire industry.
Brett’s correction comes as its price was once again rejected by a resistance at $0.15. The token has been trying to breach this resistance for over a week now. About two weeks earlier, its price surged past this barrier to $0.18, only to see a strong correction back to $0.13.
Since then it has been stuck between $0.13 and $0.15.
Most other meme coins are struggling now, too, as bearish sentiment envelopes the crypto market.
Brett Price Prediction
The BRETT price recently dropped quite strongly, but there is a reason to expect a strong surge in the near future. In fact, the token might skyrocket over the next few hours, judging by some of the technical indicators.
Brett’s Bollinger bands, for example, have seen massive widening over the last several hours, which is typically a bullish signal. For a while, the price was stuck to the lower band, but now, it is climbing back to a neutral position between the upper and lower band.
Coupled with the widening itself, this is a bullish signal suggesting a potential incoming price increase.
Meanwhile, BRETT’s Relative Strength Index (RSI) value has been dropping over the last 24 hours, strongly pushed down as the traders kept dumping the token amid the meme coin sector’s price crash. In fact, only a few hours ago, BRETT’s RSI value dropped to 16 — deep in the oversold zone.
However, the RSI value has started a new surge, suggesting that traders are massively moving in to buy the dip.
Brett might not be the only token to see such a sharp turn. Just like major surges are accompanied by massive price drops in the crypto industry, the opposite is also true. After all, the trader’s job is to wait for the prices to reach their lowest point and then buy immediately while the price is low to sell high.
Sudden demand will likely launch BRETT back up in no time, so it is now or never for those who wish to join the upcoming surge.
Note that things could always take an unexpected route, so doing so would be risky but extremely rewarding if the situation turns out as expected. But, before you commit, always do your own research and come to your own conclusions, as your money is on the line.
Promising Alternatives to Brett
If you don’t want to take a risk with Brett, then consider buying one of the most popular meme coins currently in presale, Base Dawgz (DAWGZ).
As the name suggests, Base Dawgz is a project running on the Base blockchain, and it is another dog-based meme coin.
However, this is where its similarities with other meme coins end. Base Dawgz’s true value comes not from its meme coin nature, but from the fact that it is a multi-chain meme coin.
While it is still in presale as of the time of writing, it will run on five blockchains simultaneously when it launches: Ethereum, Solana, BSC, Avalanche, and its native Base blockchain.
The project was designed to use Wormhole and Portal Bridge technology, allowing users to seamlessly transfer funds between blockchains without going through stablecoins or buying another crypto.
Pair that with the fact that it was also created to be a meme coin, and it is clear to see why the project has zoomed past $2 million in funds raised.
Crypto experts seem convinced that Base Dawgz will explode once it goes live. One example is the trader behind the YouTube channel Cryptonews, who speculated as much in his recent video.
You can buy DAWGZ tokens with USDT, USDC, ETH, BNB, BUSD, SOL, or AVAX.
DAWGZ tokens are selling for only $0.00527. Just don’t wait too long to buy them as the project will see another price increase in less than 16 hours.
Visit the DAWGZ official website here.
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