{"id":540771,"date":"2024-06-27T10:21:35","date_gmt":"2024-06-27T10:21:35","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=540771"},"modified":"2024-06-27T10:21:35","modified_gmt":"2024-06-27T10:21:35","slug":"brett-price-prediction-brett-plunges-7-as-this-new-base-challenger-zooms-towards-3-million-in-presale","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/brett-price-prediction-brett-plunges-7-as-this-new-base-challenger-zooms-towards-3-million-in-presale","title":{"rendered":"Brett Price Prediction: BRETT Plunges 7% As This New Base Challenger Zooms Towards $3 Million In Presale"},"content":{"rendered":"

The Brett price has plunged 7% in the last 24 hours <\/span>to trade at $0.1513<\/span><\/a> as of 3:35 a.m. EST on a 36% drop in trading volume to $64million.<\/span><\/p>\n

Despite the overnight fall, the BRETT price remains up <\/span>113% in the past month. <\/span>Inspired by the character Brett from the Boy’s Club comic series, Brett is the biggest meme coin on the Base chain with a market capitalization of about $1.5 billion.<\/span><\/p>\n

BRETT Price Bulls Maintains Momentum Above Bearish Channel<\/span><\/h2>\n

The Brett price has been consistently dipping due to a tug-of-war between buyers and sellers, forming a bearish channel pattern. Despite this, buyers have shown resilience, pushing the price higher from the support zone at $1256 to the resistance at the channel’s upper trendline. <\/span><\/p>\n

The price has now managed to break above this channel, establishing a solid technical foundation for further gains. <\/span><\/p>\n

Although it has retraced to the channel’s upper trendline, this development could attract traders to take long positions on BRETT, potentially driving its value beyond its current all-time high.<\/span><\/p>\n

\"Brett<\/p>\n

BRETT\/USD (Source: Dextools.io)<\/span><\/p>\n

The Relative Strength Index (RSI) for BRETT has rebounded from an oversold level of 30 to a midpoint level of 50, currently sitting at 59. If momentum continues to build, the RSI could rise into the overbought zone around 70.<\/span><\/p>\n

Brett Price Prediction: Bulls Eyeing New Highs<\/span><\/h2>\n

BRETT shows positive signals according to the Moving Average Convergence Divergence (MACD) indicator. Currently, the MACD line is above the signal line and slightly above the neutral level, indicating bullish momentum. <\/span><\/p>\n

The BRETT price still maintains a bullish stance on the daily chart, which indicates that the token’s price has found strong support and suggests potential gains ahead.<\/span><\/p>\n

This bullish momentum on the daily timeframe suggests that BRETT could target the $0.1917 mark, supporting a potential long position. Upside targets are projected between $0.1933 and $0.2362.<\/span><\/p>\n

However, the bullish scenario could be invalidated if the price drops below $0.1917. In that case, the outlook may weaken, pushing the meme coin towards the $0.1569 support level. <\/span><\/p>\n

Base Dawgz Presale Blasts Past $2 Million <\/span><\/h2>\n

Base Dawgz (DAWGZ)<\/span><\/a> is a new <\/span>meme token that aims to challenge BRETT’s supremacy on Base. It’s off to a great start, with more than $2.1 million raised in its presale.<\/span><\/p>\n

\n

🪂 2.1 MILLION 🐕<\/p>\n

LFG $DAWGZ<\/a>! pic.twitter.com\/6VaaCciU9E<\/a><\/p>\n

— Base Dawgz (@BaseDawgz) June 25, 2024<\/a><\/p><\/blockquote>\n