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The Brett price pumped 56% over the last seven days to emerge as the week’s top gainer among the biggest 100 cryptos by market capitalization.
It traded at $0.154 as of 7:40 p.m. EST after plunging more than 9% in the past 24 hours..
Snap | Source: Crypto Bubbles
Brett Price Prediction
Analyzing Brett price charts, the meme coin trades above the Ichimoku Cloud, indicating a bullish trend. The conversion line (blue) is above the baseline (red), which supports the bullish sentiment.
However, the cloud’s forward projection appears to be narrowing, which could suggest decreasing bullish momentum or potential consolidation in the near term.
On the other hand, the Awesome Oscillator (AO) is showing diminishing green bars that are turning red, indicating that bullish momentum is weakening. The recent red bars suggest that bearish pressure is taking hold, which could lead to a potential reversal or a slowdown in the upward trend.
On the other hand, the Average Directional Index (ADX) is at 18.43, which suggests that the overall strength of the current trend is weak. An ADX value below 25 typically indicates no significant trend, or the market is in a consolidation phase.
The Brett price has experienced several bullish and bearish candlestick formations, with the latest showing a potential reversal pattern. This could be indicative of increasing selling pressure. Resistance is noted near the high at around $0.1674, and support might be forming near the Ichimoku baseline (red line).
2-hour BRETT/USDT Chart | Source: TradingView
As the Brett price pumped over the past week, the new Base meme coin presale Base Dawgz (DAWGZ) has surged past $630K raised in only five days since its launch.
An Alternative for Brett?
Base Dawgz offers a multi-chain experience to investors who “crave adventure and innovation.” DAWGZ can be exchanged on networks such as Solana, Ethereum, BNB Chain, and Avalanche, in addition to Coinbase’s Base network.
The project uses Portal Bridge’s blockchain bridging system and message-passing protocol Wormhole to enable investors to move capital between networks quickly.
YouTuber ClayBro says he’s optimistic about the altcoin and that it ”could create millionaires.”
DAWGZ tokens sell for $0.00479 currently, and can be purchased using BASE, ETH, BNB, AVAX, or SOL. The price will increase in less than two days, so those planning to buy the token shouldn’t wait around too long.
Get DAWGZ tokens on the official website here before the next price hike.
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