{"id":596995,"date":"2024-11-12T08:09:08","date_gmt":"2024-11-12T08:09:08","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=596995"},"modified":"2024-11-12T08:09:08","modified_gmt":"2024-11-12T08:09:08","slug":"brett-price-prediction-brett-soars-18-as-this-innovative-staking-meme-coin-rival-raises-over-3-4-million-in-presale","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/brett-price-prediction-brett-soars-18-as-this-innovative-staking-meme-coin-rival-raises-over-3-4-million-in-presale","title":{"rendered":"Brett Price Prediction: BRETT Soars 18% As This Innovative Staking Meme Coin Rival Raises Over $3.4 Million In Presale"},"content":{"rendered":"

The Brett price <\/span>surged<\/span><\/a> more than 18% in the last 24 hours to trade at $0.1269 as of 11:24 a.m. EST as investors go long on the Base <\/span>meme coin<\/span><\/a>.<\/span><\/p>\n

Following the latest increase in the BRETT price, the altcoin’s weekly performance has now soared more than 65%.<\/span><\/p>\n

Brett Price Trying To Challenge The $0.1312 Resistance<\/span><\/h2>\n

\"BRETT<\/p>\n

4-hour chart for BRETT\/USD (Source: <\/span>GeckoTerminal<\/span><\/a>)<\/span><\/em><\/p>\n

The Brett price is attempting to break above the major resistance level at $0.1312 following a multi-candle positive sequence on the 4-hour chart throughout the last trading day. If bulls are able to push the <\/span>meme coin<\/span><\/a> above this threshold in the next few hours, BRETT might gain the technical foundation needed to potentially rise to as high as $0.1474 in the coming 24 hours.<\/span><\/p>\n

On the other hand, a rejection from the $0.1312 resistance level could bring an end to the crypto’s positive momentum. Traders might start to exert pressure on the Brett price by opting to take profit in this alternative scenario. BRETT could subsequently be exposed to the risk of testing the $0.1142 support. An extreme bearish case might see the crypto fall to $0.0980.<\/span><\/p>\n

Brett Price Hits A Technical Roadblock<\/span><\/h2>\n

Indicators on the meme coin’s 4-hour chart suggest the Brett price has reached a temporary peak. Both the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) warn the altcoin has hit a roadblock as it tries to overcome the $0.1312 obstacle.<\/span><\/p>\n

RSI readings have dropped in the last few hours. Although the current readings in the mid 70s suggest the presence of bullish strength, the negative slope of the RSI line warns that sellers might keep chipping away at buyers’ momentum. What’s more, the current reading suggests that the Brett price is in overbought territory. This is normally seen as a sell signal by traders.<\/span><\/p>\n

In addition to the bearish signs shown by the RSI on the 4-hour chart, the MACD Histogram has also stopped rising. In the last 24 hours, Histogram values gradually rose, but have recently stopped this ascent. This could indicate that BRETT’s bullish momentum has stalled, and may be followed by a bearish trend reversal if sellers choose to seize the opportunity.<\/span><\/p>\n

While technical indicators signal the Brett price might have reached a roadblock, investors continue to flock to meme coin rival <\/span>Crypto All-Stars (STARS)<\/span><\/a>. <\/span><\/p>\n

Among experts who are bullish on STARS is popular YouTuber ClayBro, who told his 130K subscribers that the project has the potential to soar 10X after its launch.<\/span><\/p>\n