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The Brett price surged more than 15% in the last 24 hours to trade at $0.1601 as of 3:45 a.m. EST as investors go long on the leading Base meme coin.
The strong 24-hour performance registered by the BRETT price follows an announcement that the crypto has been added as an option on Alchemy’s on-ramp.
.@BasedBrett, the leading memecoin on #Base, is now supported on #AlchemyPay's On-Ramp!
You can now pick up $BRETT using fiat to get in on the fun. Simple, direct access—making it even easier to join the memecoin craze!
Try now: https://t.co/OltRWp60Gj pic.twitter.com/4cjW3lYUXe
— Alchemy Pay|$ACH: Fiat-Crypto Payment Gateway (@AlchemyPay) November 14, 2024
Brett Price Forms A Bullish Channel
4-hour chart for BRETT/USD (Source: GeckoTerminal)
The Brett price has been in a positive sequence on the 4-hour chart over the last 48 hours, resulting in the formation of a bullish price channel. If this positive trend continues, the meme coin could soon attempt a challenge at the $0.1692 resistance. Overcoming this obstacle might then give BRETT the room needed to continue its ascent in the following 24 hours.
However, a rejection from the $0.1692 resistance level or a drop below the lower boundary of the positive price channel could bring an end to BRETT’s bullish sequence. In this alternative scenario, traders might begin to cash in their profits. With this potential sell pressure, the Brett price could be at risk of testing the $0.1431 support and possibly end up dropping to $0.1197.
Bulls Seem To Still Have Control Of The Brett Price
From a technical standpoint, indicators on BRETT’s 4-hour chart suggest the meme coin’s price might continue rising through the course of the next trading day. More specifically, the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) both show signs that bulls are still in control of the Brett price.
RSI readings recently started to oscillate between 60 and 70, but have since started to rise again. This could be interpreted as an indication of bulls growing stronger, which could be followed by an increase in the Brett price. The current reading also suggests that there is still room for BRETT to climb before it enters overbought territory.
Meanwhile, the MACD line has started to break away above the MACD Signal line on BRETT’s 4-hour chart. Traders might see this as an indication of the crypto’s bullish momentum picking up steam, which could also have a positive effect on the Brett price in the short term.
While BRETT tries to keep its bullish momentum alive, meme coin rival Crypto All-Stars (STARS) continues to pull investors in with attractive staking rewards.
Offering Investors A Multi-Meme Coin Staking Platform With Unmatched Passive Rewards
Crypto All-Stars (STARS) is unlike any project that has come before it, because it does not solely revolve around its own token. Instead, the meme coin lets STARS investors and holders of several other popular tokens put their holdings to work for the chance to earn passive rewards.
Meme coins including DOGE, SHIB, PEPECOIN, FLOKI, BRETT, MOG, LADYS, TOSHI, COQ, BONK, and TURBO are already supported on the project’s innovative MemeVault staking platform. The team has also revealed that more options will be added in the coming weeks.
Any of these tokens can be staked simultaneously, giving meme coin lovers the rare opportunity to grow all of their holdings in numerous tokens all on one platform. Once locked up, the staked assets will generate rewards that are paid out in STARS.
That’s not all, however, as investors can also stake the earned STARS tokens for additional, potentially compounded, staking rewards. Anyone who locks up STARS now will unlock access to a 441% staking APY.
With its unique staking platform and meme coin appeal, it’s easy to see why experts anticipate great things for the meme coin. Popular YouTuber and analyst ClayBro told his more than 130K subscribers that STARS has the potential to soar 10X after its launch.
Investors Rush To Buy STARS At Presale Prices
Investors have been FOMO buying into STARS during its ongoing presale stage. So far, the project has managed to raise over $3.7 million, signaling strong investors confidence in the project’s future.
Anyone that wants to position themselves before the token’s presale ends can buy STARS using the buy widget embedded on the project’s website. Currently selling for $0.001568, STARS can be bought with either ETH, USDT, BNB, FLOKI, SHIB, PEPE, DOGE or bank card.
Once purchased, the tokens can then be put to work via the staking page on the website for investors to get in on the 441% staking APY on offer at this early stage.
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