Brett (BRETT) and dogwifhat (WIF) are up by 10% and 20% in the last 24 hours. Yet crypto analysts see major upside potential as the meme coin prices are poised for more potential breakouts.
Let’s dive into the projections and what they could mean for these digital assets.
Brett (BRETT) Eyeing Triple-Digit Gains
Technical analyst Ali (@ali_charts) has identified a bullish pattern forming on Brett’s daily chart. “BRETT looks to be forming a bull flag on the daily chart,”
Ali notes. “A sustained close above $0.15 could potentially propel BRETT by 300% to $0.63.”
This optimistic outlook is echoed by Crypto Coach (@WisdomMatic), who sees BRETT reaching new heights. “BRETT is on its way to new ATH at $2B!” the analyst exclaims. “This bounce off a key support level is absolutely bullish asf.”
Crypto Coach also points to the potential Ethereum ETF approval as a catalyst, stating, “ETH ETF approval in a week, I’m doubling down on BRETT.”
$BRETT is on its way to new ATH at $2B! This bounce off a key support level is absolutely bullish asf. ETH ETF approval in a week, I’m doubling down on $BRETT pic.twitter.com/vZpzC94uNT
— Crypto Coach (@WisdomMatic) July 15, 2024
Their chart analysis suggests that BRETT could see a spike to $0.22 if support levels around $0.109 continue to hold. This represents a significant upside from its current trading range.
Read Also: This Solana Pattern Suggests SOL Price Will Surge to $174
dogwifhat (WIF) Setting Up for Potential Doubles
Meanwhile, dogwifhat (WIF) is not to be outdone. World Of Charts (@WorldOfCharts1) presents a bullish case for WIF, suggesting a potential doubling in price. “WIF Preparing For 2x Bullish Rally Breaking 1st Resistance,” the analyst states.
They further elaborate that a successful breakout could target $3, with even higher projections if certain technical levels are cleared. “If Channel Got Cleared WIF Can Easily Hit 6$ In Midterm,” World Of Charts adds.
$WifPreparing For 2x Bullish Rally Breaking 1st Resistance Incase Of Successful Breakout Can no Target 3$ Descending Channel Resistance And If Channel Got Cleared #Wif Can Easily Hit 6$ In Midterrm#Crypto pic.twitter.com/4bjqxUPZLQ
— World Of Charts (@WorldOfCharts1) July 15, 2024
Adding to the bullish sentiment, Nebraskangooner (@Nebraskangooner) points out a critical juncture for WIF. “WIF Testing diagonal downtrend line. If it can flip it then it has a chance to retest the 99sma resistance above,” the analyst observes.
This suggests that WIF is at a make-or-break point that could determine its short-term price action.
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The post Analysts Bullish on BRETT and dogwifhat (WIF) Meme Coin Prices: Eyeing Over 2x Rallies appeared first on CaptainAltcoin.
