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The Brett price has surged 15% in the last 24 hours to trade at $0.1537 as of 3:30 a.m. EST on a 16% pump in trading volume to $124 million.
BRETT’s rising popularity and strong community support have made it the undisputed champion of the Base chain with a market capitalization of $1.48 billion.
The Brett price has exploded 17,575% from its all-time low this year, according to CoinGecko, and it’s up 300% in the past 30 days.
BRETT Price Battles Resistance at $0.1933, Forming Bullish Pennant Pattern and Eyeing New Highs
The resistance at $0.1933 has caused the price to dip, creating a bullish pennant pattern as buyers and sellers compete for control. If the price closes a 4-hour candle above the pennant, it could set a strong technical base for more gains.
This might encourage traders to go long on BRETT, potentially pushing its value past the current all-time high.
BRETT/USD (Source: Dextools.io)
The Brett price bulls must break through the resistance to reach higher levels. Technical analysis on BRETT’s 4-hour chart suggests that the token’s price has strong support, indicating potential gains.
The relative strength index for the BRETT price indicates a rebound from the 30 oversold level to the 50 midline level. If momentum increases, the RSI could push into the 70 overbought zone.
The Moving Average Convergence Divergence (MACD) indicator shows a positive trend for BRETT in the short term. The MACD line is above the Signal line and slightly above the neutral level, indicating bullish momentum.
Brett Price May Break Above The Pennant
The bulls push to break above the bullish pennant as the price approaches its upper trendline. If they manage to do so, it could trigger a rally and drive Brett’s price to a new all-time high of $0.2279. On the other hand, if the price drops below $0.1594, the bullish outlook might weaken, potentially pushing the meme coin down to the $0.1369 support level. Falling below $0.1369 could lead to a further decline to $0.1145.
New Base Meme Coin Presale Surpasses $1.8 Million
While buyers are bullish on Brett’s price, Base Dawgz (DAWGZ) is also attracting bulls to its presale, which has already exploded past $1.8 million in funds raised.
$DAWGZ presale link – https://t.co/mgxrwfKg3M pic.twitter.com/x7t8L8fNpn
— Ras Pereira (@rasmuspereira) June 17, 2024
DAWGZ is a new Base meme token. Its base-jumping Shiba Inu mascot embodies investors’ adventurous spirit, and the project also features characters like Doge-based memes, all dressed in base-jumping gear and soaring through the skies after leaping from a plane.
DAWGZ is primarily based on Base blockchain, but it offers a multi-chain experience, and seamless interoperability across various blockchains, including Ethereum, Solana, Binance Smart Chain, and AVAX.
Multi-Chain Meme Coin Base Dawgz Raises $1M in Presale Phase https://t.co/YNohOmMmUh #MoreNews
— Serougy Crypto Mining (@serougy_llc) June 12, 2024
The project plans to launch a staking option at a later date with the team having already set aside 20% of the total token supply for this purpose.
In addition to staking, users can also earn through the “Be Social for Airdrop” campaign. By engaging on social media, especially on X, users can earn points that they can later redeem for $DAWGZ.
ClayBro, a YouTuber and crypto analyst with over 129K subscribers, believes that DAWGZ can potentially create millionaires once it launches.
You can join the presale on the official website to buy tokens for $0.00527 before the price increases in less than six days.
Buy DAWGZ tokens here using ETH, USDT, BUSD, or USDC.
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