Brett Price Anticipation: BRETT Surges 6%, yet Financial Experts Advise Pondering Over This Bitcoin-Similar Competitor for 100-Fold Profits
Hop on our Telegram** channel to get the latest updates on the wild world of crypto!
Brett, the meme coin we love to hate, is currently flaunting a 6% spike in the last 24 hours, trading at $0.06787 as of 6:11 a.m. EST.
Following this recent gain, Brett has surged over 106% in the past month, baby!
Is Brett about to bust outta this consolidation phase?
Take a gander at the 4-hour chart for Brett/USD (Source: GeckoTerminal). Brett has been chillin' in a consolidation phase between $0.05755 and $0.07117 for a few days now, homie. But don't count this meme coin out just yet—it's about to challenge the boundary of this sideways channel.
If Brett manages to clear the $0.07117 resistance within the next 24 hours, it could provide the boost the crypto needs to reach the next goalpost at $0.08446 in the short term.
But watch out—if Brett gets rebuffed by the $0.07117 resistance, it might continue to bounce around and fall back to the nearest support at $0.05755. Impatient investors and traders might even try to shove Brett below this level and head straight to the next key stop at $0.04593.
The bulls are rallying together to push Brett higher
Plotting Brett's 4-hour chart gives us a glimpse of the internal conflict brewing between buyers and sellers. Technical indicators suggest that Brett might be gathering the bullish momentum required to finally crack the $0.07117 brick wall.
For starters, the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) are showcasing hints that the tension could erupt at any moment, breaking the consolidation cycle.
Over the past 12 hours, RSI readings climbed, eventually breaking above the neutral 50 level, signaling a shift in bullish power. With the current positive slope of the RSI line, it seems like buyers are continuing to accumulate strength against sellers, working to overpower them.
The latest RSI value even suggests that there's still room for the Brett price to climb before it reaches overextended levels.
Now, let's talk about the MACD. In the last couple of hours, a significant bullish technical flag was triggered when the MACD line crossed above the Signal line. This event could point to an upcoming positive short-term trend. Traders might jump on this opportunity and give Brett a helping hand, pushing it higher.
But if you think that's all the excitement she wrote, think again! While Brett is trying to break free from its sideways channel, investors are swooping up a new meme coin challenger called BTC Bull Token (BTCBULL).
A new meme coin promising investors free Bitcoin
BTC Bull Token is a Bitcoin-themed meme coin created to cheer on crypto's big daddy as it marches toward the $1 million per coin milestone. And here's the best part—as BTC's price climbs to new heights, the project will reward its investors with free Bitcoin via airdrops at certain price milestones.
The initial Bitcoin price milestone that will trigger an airdrop is when BTC hits $150K for the first time. Subsequent milestones at every $50K hike will also cause a Bitcoin airdrop for BTCBULL investors.
But BTCBULL isn't just another way to gamble on BTC exposure. The project's token also has serious upside potential, further amplified by its dwindling supply. This will be accomplished through the BTCBULL team's planned token burns at specific Bitcoin price milestones.
The first set of token burns will start once BTC hits $125K, and subsequent burns will take place with every $25K increase in BTC's price.
The combination of token burns and Bitcoin airdrops could create a favorable supply and demand dynamic for BTCBULL, especially as investors rush to snag their piece of the action in anticipation of the BTC airdrops. This might just be the catalyst needed to set BTCBULL on a mega rally, according to popular YouTube channel 99Bitcoins, which boasts over 725K subscribers.
But before you hitch your wagon to BTCBULL, you'll wanna act fast! The project's ongoing presale has already raised over $5.2 million in early-stage funding as investors throwing down some cash on the project's future.
Anyone hankering to hop on this ground level train can do so by picking up BTCBULL via the simple buy widget embedded on the project's website. You can score yourself some BTCBULL using either crypto or a bank card. And for those that wanna stake their tokens, the presale pool is offering an attractive 79% annual return.
So, are you ready to join the BTCBULL ride?
More Crypto Shenanigans:
- Bloomberg's Solana ETF Odds: 90% and Climbing
- Trump Media Mulls Utility Token and Digital Wallet
- The Top NFT Marketplace Coins This Week
Top Wallet Destinations:
Best Wallet to Diversify Your Crypto Portfolio (Our Rating)
- User-friendly crypto wallet, jam-packed with features
- Early access to upcoming token ICOs
- Multiplatform, cross-chain, and non-custodial
- Now available on App Store and Google Play
- Earn BEST, the native token, through staking
- Over 250,000 active users monthly
- Brett might benefit from the bullish sentiment in the upcoming days, as technical indicators suggest that it could soon break the consolidation phase and challenge the $0.07117 resistance.
- Investors might find interest in BTC Bull Token (BTCBULL), a new Bitcoin-themed meme coin that promises airdrops of free Bitcoin as BTC's price surpasses certain milestones.
- To keep up with the latest crypto updates, including insights on Brett, BTCBULL, and other significant projects, consider joining our Telegram channel.
