- Brett coin price has reflected a positive growth of 59.69% during the weekly trading session.
- The trading volume of BRETT declined 42.24% in the last 24 hours.
- Moving averages reflect a strong positive signal in the current phase.
Brett (BRETT) is a cryptocurrency similar to the PEPE meme coin on Base Chain. The Base Chain and Brett have gained significant support from the crypto community. The meme coin has forged strategic partnerships with leading companies in the crypto world. This meme coin was inspired by Matt Furie’s Boy’s Club comic, in which there is a character named Brett.
Brett Meme Coin has Witnessed 3591.49% Growth in a Month
Brett coin price has been reflecting positive growth for the four consecutive weeks. The price has started getting bullish reactions from the $0.0018 support. Afterward, an upsurge of over 2700% occurred in the price, which became responsible for a change in character.
The meme coin price reached the $0.0504 resistance and made a bullish correction on the $0.0210 bullish point of interest (POI). Conversely, the meme coin lovers jumped on that POI on March 19, 2024, resulting in a hike of 285% to the $0.0847 resistance.
Supply and Valuation of the BRETT Coin
The full diluted valuation of this Brett meme coin is assumed to be $684.94 million. The maximum supply of the coins is capped at 10.00 billion, reflecting project transparency. The project has released 85.55% BRETTs of the maximum coin supply.
The cryptocurrency’s current market capitalization stands at $586.25 million, ranking 218th among all 9,360 active cryptocurrencies. 24-hour trading volume has reached $34.88 million. The volume-to-market capitalization ratio is at 5.86%.
Technical Analysis of the BRETT Coin Price
The price has been moving above the 50-day exponential moving average since March 23, 2024. The price made a retracement on the 50-day EMA on March 27 and bounced back, indicating the EMA as a dynamic support.
BRETT price has recorded a noticeable buying from the $0.0374 decisional bullish point of interest (POI). The price reflected over 125% growth from that POI while breaking above the $0.0700 resistance. At press time, Brett crypto price is facing profit booking from the $0.00847 resistance. The price will likely drop on the $0.0504 bullish POI before any upsurge toward the all-time high.
The relative strength index (RS) reflected an internal bearish divergence in the price momentum. This indicates the increasing selling pressure in the current trading phase. The RSI is moving at 51.96 below the signal line.
Summary
The Brett coin price has experienced positive reactions from crypto investors over the last four weeks. The price reflected over 3500% returns during that timeframe. It also made a new all-time high price at $0.085 and is making a bullish correction in the current session. Brett coin price can continue its bullish rally after a sharp retracement on the $0.0504 POI.
Technical Levels
- Resistance Levels: $0.0847
- Support Levels: $0.0504 and $0.0374
Disclaimer
The views and opinions stated by the author or any people named in this article are for informational purposes only. They do not establish financial, investment, or any other advice. Investing in or trading crypto or stock comes with a risk of financial loss.