{"id":563470,"date":"2024-08-12T08:08:44","date_gmt":"2024-08-12T08:08:44","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=563470"},"modified":"2024-08-12T08:56:19","modified_gmt":"2024-08-12T08:56:19","slug":"brett-price-prediction-brett-plunges-9-as-investors-pivot-to-this-base-meme-coin-rival-for-its-890-apy","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/brett-price-prediction-brett-plunges-9-as-investors-pivot-to-this-base-meme-coin-rival-for-its-890-apy","title":{"rendered":"Brett Price Prediction: BRETT Plunges 9% As Investors Pivot To This Base Meme Coin Rival For Its 890% APY"},"content":{"rendered":"

The Brett price plunged 9% in the last 24 hours <\/span>to trade at $0.09029<\/a> as of 00:34 a.m. EST on trading volume that soared 52% to $39 million.<\/span><\/p>\n

Brett is one of the top-three trending meme coins on the Base ecosystem, according to <\/span>Coingecko<\/span><\/a>. This comes as the meme coins in the blockchain dropped almost 7% to a $1.2 billion market capitalization.<\/span><\/p>\n

Brett Price Aims For A Breakout<\/h2>\n

The Brett<\/a> price dropped in August to as low as $0.060, according to data from GeckoTerminal. The bulls then used this support to push the price of Brett through a markup phase to the $0.099 resistance.<\/span><\/p>\n

BRETT has since been trading within this range, supported by $0.089, and in a sideways pattern as the bulls aim for a breakout above the consolidation phase.<\/span><\/p>\n

The Relative Strength Index (RSI), after falling slightly below the 50-midline level, looks to be accumulating around 40. This is a sign that the Bulls are getting ready to push the Brett price up by adding to their positions.<\/span><\/p>\n

\"Brett
Brett Price Chart Analysis Source: GeckoTerminal.com<\/figcaption><\/figure>\n

If the bulls take charge and buy more, the Brett price could breach the upper boundary of the sideways pattern, which could then push BRETT up, as the bulls target the $0.14 resistance.<\/span><\/p>\n

However, BRETT<\/a> still trades below both the 50-day and 200-day Simple Moving Averages (SMAs), with the two SMAs forming a death cross at $0.13. A death cross and the price being under the SMAs is an indication that the Brett price could still go through a correction.<\/span><\/p>\n

In such a scenario, if the bears push the token below the lower boundary of the pattern, BRETT could drop to the $0.080 support level.<\/span><\/p>\n

As the Brett price bulls aim to push the token up, other Base meme coin enthusiasts are buying<\/span> Base Dawgz (DAWGZ)<\/span><\/a>, a token that aims to emulate the success of BRETT, which soared over 100X after its launch.<\/span><\/p>\n

Base Dawg Presale Garners Over $2.8 Million – A Promising Alternative?<\/h2>\n

Base Dawgz has raised more than $2.8 million from eager investors and is still soaring with no signs of slowing down.<\/span><\/p>\n

\n

We did it $DAWGZ<\/a>!<\/p>\n

$2.5 MILLION reached 🪂 we're soaring now and it doesn't look like we're slowing down 🤩 pic.twitter.com\/XY0rUztKpV<\/a><\/p>\n

— Base Dawgz (@BaseDawgz) July 15, 2024<\/a><\/p><\/blockquote>\n