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The Brett price surged 27% in the last 24 hours to trade at $0.121 as of 4 a.m. EST on trading volume that dropped 36% to $86.6 million.
While many meme coins are trading in the red, BRETT hit a new all-time high on June 2 at $0.1278. The token then corrected slightly, only to surge to $0.12 again.
This has been a strong resistance that BRETT is still trying to breach as of the time of writing after pumping 70% in the last seven days. Since its listing on BingX, Brett’s price has gone up by over 500%.
$BRETT has risen by 70.0% in the last 7 Days
New ATH $BRETT, rising from a low of $0.07 to $0.12
Since being listed on Bingx, BRETT's price has risen by 501.2% 🚀
🎁 Trade $BRETT And Get $100 Welcome Reward: https://t.co/vkMs5AqAq4@BasedBrett @Poe_Ether @Yourpop8… pic.twitter.com/xRShhno2O4
— BingX (@BingXOfficial) June 4, 2024
BRETT also recently saw a new spot listing on Deepcoin, the top exchange for derivatives trading.
🚀 New Spot Listing – Brett(BRETT) @BasedBrett is Now Available on Deepcoin, Trade to Share $5,000! 🎉
💼 Event 1: Exclusive Bonus for Newbies: $2,000
📈 Event 2: Spot Trading Campaign: $3,000
Join now: https://t.co/EuGc6Kr29N
Don't miss out! Trade now on Deepcoin and seize… pic.twitter.com/SMql6ihvkB
— Deepcoin News (@deepcoin_news) June 3, 2024
The question that BRETT investors are asking now is whether the token can breach the resistance and proceed to a new ATH, or whether a correction is coming.
Brett Price Prediction
The Brett price has significantly surged in the last week, but what matters most to investors and traders alike is where it will go from here.
The token has a great long-term potential, but certain technical indicators suggest that it will likely see a significant price dip soon — possibly within hours.
For example, the token’s Bollinger bands have spent the last several days extremely distant from one another. Such a widening is typically a very bullish sign, and indeed, the price responded accordingly, growing even after suffering a brief correction.
However, the bands have now narrowed suddenly over the last several hours, which suggests that the price is likely to be strongly rejected.
Another signal that suggests the same is the token’s Relative Strength Index (RSI) value, which spent the last 25 hours fluctuating between the neutral zone and the overbought area. Now, however, it saw a sharp drop toward the neutral area gain, which suggests that traders have started taking profit.
In other words, those who waited for the right time to sell have decided that this is it, and while the RSI value has dropped, the price is slightly behind schedule, but it will very likely follow very soon.
As of the time of writing, the RSI value sits at 48.75, and while this is still considered the neutral zone, the fact that it has dropped below 50 might suggest that the token is about to see its RSI spiral toward the oversold zone.
In terms of the BRETT price, this suggests that it is likely to be rejected from the resistance at $0.12 and start a sharp drop. The support at $0.10 might stop it, but the token can sink back to $0.07 as it did two days ago.
Promising Alternative to Brett
As the Brett price might soon see a dip, this might be the perfect time to turn to an alternative meme coin such as PlayDoge (PLAY), which launched its presale a week ago.
Introducing #PlayDoge – the only #P2E Doge companion! 🐶
Inspired by the legacy of #Tamagotchi, feed, train and play with your 2D Doge to earn $PLAY. 💰
Don't neglect your doge, his life's on the line 😲💀
Join the #Presale Now ⬇️https://t.co/JT0VEofqf2 pic.twitter.com/RoJYXLS1FH
— PlayDoge (@PlayDogeGame) June 3, 2024
The project offers a mobile-based play-to-earn game that transforms the iconic Doge meme into a Tamagotchi-style virtual pet.
It combines the 90s nostalgia with highly successful sectors such as gaming, meme coins, and P2E, which are expected to grow over the next decade, making PlayDoge a project with tremendous potential.
Crypto experts such as YouTuber Jacob Crypto Bury have recognized this potential and speculated about the token’s possibilities, while others rushed to invest in the project.
PlayDoge has raised over $1.76 million in its first week, becoming one of the fastest-growing presales of the year.
The token is currently selling for $0.00502. A price hike is coming in less than two days so buy soon to secure the best deal.
Visit the official PLAY website here to buy tokens with BNB, USDT, ETH, or a credit/debit card.
Related Articles:
- How to Buy PlayDoge – $PLAY Presale Review
- PlayDoge Price Prediction – PLAY Price Potential in 2024
- PlayDoge Meme Coin Raises $200K In ICO Explosion
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