{"id":538867,"date":"2024-06-22T19:56:24","date_gmt":"2024-06-22T19:56:24","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=538867"},"modified":"2024-06-22T19:56:24","modified_gmt":"2024-06-22T19:56:24","slug":"brett-price-prediction-brett-is-the-top-monthly-gainer-with-a-182-surge-as-analysts-say-this-new-ico-might-be-the-next-100x-token-on-base","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/brett-price-prediction-brett-is-the-top-monthly-gainer-with-a-182-surge-as-analysts-say-this-new-ico-might-be-the-next-100x-token-on-base","title":{"rendered":"Brett Price Prediction: BRETT Is the Top Monthly Gainer With A 182% Surge As Analysts Say This New ICO Might Be The Next 100X Token On Base"},"content":{"rendered":"
The Brett price has surged 182% in the past month to trade at $0.139<\/a> as of 6.30 a.m. EST.<\/span><\/p>\n That made it the top gainer among the biggest 100 cryptos by market capitalization over the period, according to Crypto Bubbles <\/span><\/p>\n An in-depth analysis shows that the chart shows a falling wedge pattern, typically considered a bullish reversal. On the other hand, the price appears to have broken out of the falling wedge pattern, which is a bullish sign. <\/span><\/p>\n Looking at other technical indicators, the Money Flow Index (MFI) is currently 41.13. The MFI is below 50, suggesting that the price is not yet overbought territory, but the money flow is relatively weak.<\/span><\/p>\n On the other hand, the Awesome Oscillator (AO) has a current value of -0.00303. The AO is slightly negative, indicating that bearish momentum might be decreasing and a possible shift to bullish momentum is underway. <\/span><\/p>\n The price has broken out of the falling wedge pattern, a bullish signal. A continued upward movement with increasing volume would confirm the breakout.<\/span><\/p>\n The target area indicated by the dotted line suggests a potential upward movement. The exact target is not shown, but typically, the height of the wedge could be used to estimate the target price. If the price fails to sustain above the upper resistance line of the wedge and falls back inside the pattern, it would invalidate the bullish reversal.<\/span><\/p>\n 4-hour Brett\/USDT Chart | Source: TradingView<\/a><\/span><\/p>\n If the MFI continues to stay below 50 and the AO remains negative, it could suggest that the bullish momentum is not strong enough to sustain the breakout. The chart indicates a bullish reversal with the breakout from the falling wedge pattern. <\/span><\/p>\n However, confirmation with increased volume and a positive shift in the technical indicators (MFI above 50 and AO turning positive) would strengthen the bullish outlook.<\/span><\/p>\n As traders wait for clearer signals on the BRETT price, some may want to consider as an alternative Base Dawgz (DAWGZ), a brand new meme coin on the Base chain that has surged to within a whisker of $2 million in funds raised.<\/span><\/p>\nBrett Price Prediction: Will We See Another Pump?<\/span><\/h2>\n
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Base Dawgz Presale Closes On $2 Million <\/span><\/h2>\n