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The Brett price surged 70% in a week and 3% in the last 24 hours to trade at $0.08486 as of 3.40 a.m. EST on trading volume that skyrocketed 110% to $78.4 million.
The weekly pump led to some speculation about whether Brett could become the Shiba Inu (SHIB) of the Base blockchain, further encouraging the token’s popularity and price increase.
On top of that, the anime-oriented Brett art that the project has been posting features many nods to well-known and popular characters, which further contributes to the project’s popularity among its community members.
The BRETT token is also expected to list on the P2B crypto exchange soon, as the exchange announced on May 29.
BRETT will be listed on P2Bhttps://t.co/yELB6bsl3nhttps://t.co/ZGE8m1Wi03https://t.co/zCrDdZriqY pic.twitter.com/zzd1rLatbp
— P2B Crypto Exchange, @p2b_exchange (@p2b_exchange) May 29, 2024
The new listing will bring more exposure to the project, possibly grant it some new pairs, and generally make Brett available to the exchange’s users. All of this contributed to Brett’s surge. But the question remains Is it too late to buy now?
Brett Price Prediction
Brett has seen a considerable increase in the past seven days, but its chart shows that the token’s price has hit its limit once it reached $0.095, which rejected its value back down. At the same time, Brett seemingly found a bottom at $0.085, which allowed it to start a slow but steady recovery.
The fact that the recovery is coming is also supported by technical indicators. Brett’s Bollinger bands are currently as wide as they were during yesterday’s rally, which is a bullish sign.
More importantly, the chart above shows that Brett’s Relative Strength Index (RSI) value dropped over the last 24 hours from the overbought zone into the oversold area. The RSI went from roughly 75 to 30 in a single day, suggesting that traders were massively selling during this period.
However, with that out of the way, many started buying the dip as soon as the token found its bottom, which slowly started building up the buying pressure again. This is also reflected in the RSI value that started to grow, and currently sits at 42.88, climbing from the oversold zone toward the neutral region.
If a strong bearish wave doesn’t push the prices back down, it is possible for BRETT to see a strong recovery, and potentially even return to previous levels. There is still plenty of room for its RSI to grow as well before it hits the overbought area and signals traders that it is time to sell again.
However, the $0.095 does seem to be a strong resistance, so it is possible that the BRETT price might fluctuate between this level and the support at $0.085 until a strong market sentiment pushes it toward breaking one of these two barriers.
Promising Alternatives to Brett
While Brett brought major gains to its holders in the past week, there are other cryptocurrencies to consider that arguably have even greater potential. One example is Mega Dice (DICE), a new token created by the Mega Dice casino that is currently in presale.
The token is selling for $0.075 as of May 30, and so far the project has sold 18.3 million DICE, raising $1.28 million along the way. Anyone interested can buy DICE with SOL, ETH, or BNB.
Buying it comes with plenty of benefits. For example, the token will be integrated into the casino, allowing users to place wagers with it, or receive various bonuses and rewards.
The casino intends to provide daily rewards to DICE holders which will depend on the casino’s performance.
Next, DICE holders will also have access to limited edition NFTs, early bird bonuses for early investors, and rewards from the referral program. In addition, the token can also be staked for rewards which will grow larger over time.
$DICE presale has raised $1.2 Million 🚀
Current tier price: 0.075 💰
Current presale target: $2M 💰We're implementing multiple tiered price increases, so make sure to secure your #DICE early!
Don't forget, you can now utilize your $DICE directly in our Web and Telegram… pic.twitter.com/hDBMJ9y5s7
— Mega Dice Casino (@megadice) May 27, 2024
Finally, with Mega Dice having over 50,000 registered players and more than 10,000 monthly active users, it has a strong foundation for explosive demand on launch.
Visit Mega Dice on the official website here to buy DICE tokens.
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