Can Brett Price Hit $1? Price Prediction as Market Cap Nears $2B
Today, BRETT has seen a significant surge, surpassing the average 3.4% gain seen across all meme coins, amidst broader market growth.
Over the past 24 hours, BRETT has recorded a notable 4.19% gain, reaching $0.1599.
Despite a challenging environment where major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH)have faced losses, BRETT has achieved a weekly increase of 12.90%.
This performance adds to its impressive monthly surge of 76.92% and an annual return of 315.28%.
Moreover, BRETT’s 24-hour trading volume has surged by 15.96% to $51.22M, indicating heightened trader activity.
BRETT Price Surges to Test Key Resistance Level – Can it Hit $1?
After a price surge earlier this morning, it seems that BRETT is gearing up for further upside.
Most notably, BRETT is now approaching the $0.16298 resistance level (dark grey) after surging above the previous resistance. If the meme coin can decisively break above this level, it suggests that the upward momentum is still strong, presenting further upside potential.
This is supported by the relative strength index (RSI) (purple) which has held strong between 50 and 60 over the past 24 hours. This represents consistent strength in a neutral zone, leaning towards bullish momentum without overextending into overbought conditions.
Given this stability, the positive movement in BRETT’s price seems to be genuine. Wider trends confirm this uptrend.
Most notably, the 30-day moving average (orange) for BRETT is currently on an upward trend, positioned well above the 200-day moving average (blue), which is also showing a slight increase. This indicates strong short-term momentum for BRETT.
Furthermore, the overall long-term trend is showing improvement, reinforcing a positive outlook for the asset.
If these trends maintain their course, there is a strong possibility that BRETT could surpass the $1 mark by the end of the year.
However, it’s important to note that BRETT lacks solid fundamentals, leading some investors to explore presales of other assets that may have greater potential for growth.
Low-Cap Meme Coin Offering High Gains Potential
With BRETT already boasting a substantial market cap of $1.58 billion, there is a real likelihood that its biggest gains are already in the past – even leveraging new listings.
Therefore, traders seeking faster and bigger returns may find a strategic advantage in exploring newer low-cap meme coins set for explosive growth.
Enter WienerAI ($WAI), a new meme coin promising more than just a flashy mascot and community hype. It’s an AI companion cited to become “every crypto trader’s Best Friend.”
The meme coin market is over-saturated with animal-themed coins boasting little to no real utility. Something which may credit Weiner AI’s (WAI) recent success, raising almost $6.5 million in one of the most promising presales right now.
We've just raised $6M 🌭🚀
Thank you to our incredible community! Get ready for more exciting adventures with this little Wiener 💥🐾 pic.twitter.com/O6AdG6xrhE
— WienerAI (@WienerDogAI) June 18, 2024
Touted as a “Revolutionary AI Trading partner,” WienerAI is a digital companion that gives its owner user-friendly AI-enhanced trading advice, seamless swap functionality, and zero fees.
Around 20% of $WAI’s supply is for staking, and investors are currently earning an impressive 174% APY, as per the project’s official website.
Keep updated on WeinerAI developments by joining the community on X and Telegram.
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
