The Brett price has plunged 14% in the last 24 hours to trade at $0.1111 as of 12:35 a.m. EST on a 36% surge in trading volume to $70 million.
The drop made BRETT the biggest loser among the largest 100 meme coins by market cap as giants including PEPE and DOGE proved more resilient amid the crypto crash.
BRETT Price Bulls Maintains Momentum Above Bearish Channel
The Brett price has been falling steadily since hitting a resistance level of $0.18820. This battle for price control has led to the formation of a bullish pennant pattern.
Despite the decline, buyers have shown resilience, establishing a solid support zone at $0.10338. If the bulls rally at this support level, they could push the price past the upper trendline resistance.
Although the price has pulled back from the channel’s upper trendline, this situation might attract traders to take long positions on Brett, potentially driving its value beyond its current all-time high.
BRETT/USD Analysis (Source: Dextools.io)
The Relative Strength Index (RSI) for BRETT has rebounded from an oversold level of 30 to 41. With a little more upward pressure, it could soar past the midpoint level of 50 and reach the overbought zone around 70.
Brett Price Prediction: Bulls May Rebound On Bullish Technicals
The Moving Average Convergence Divergence (MACD) indicator shows positive signals for BRETT. The MACD line is above the signal line and slightly above the neutral level, indicating bullish momentum.
On the daily chart, BRETT’s price maintains a bullish stance, suggesting strong support and potential gains ahead. This momentum indicates that BRETT could target the $0.1917 mark, making it a candidate for a potential long position. Upside targets are projected between $0.1933 and $0.2362.
However, this bullish scenario could be invalidated if the price drops below $0.1917. In that case, the outlook might weaken, pushing the meme coin towards the $0.1569 support level.
Base Dawgz (DAWGZ) Presale Soars Past $2.39 Million: The Best Meme Coin To Buy Now?
Even as BRETT plunges, a new Base chain meme coin ICO called Base Dawgz (DAWGZ is surging in presale, having already raised almost $2.4 million.
New Base Meme Coin Base Dawgz Flies High with $2.2M in Presale, Poised to Lead the Next Meme Coin Bull Run? #Crypto #Altcoins… https://t.co/h8KBfBD3Gp pic.twitter.com/H3KFWBf26x
— M.O.M. (@MintressOfMemes) July 6, 2024
Base Dawgz (DAWGZ) features a base-jumping Shiba Inu mascot that embodies the adventurous spirit of its investors. Inspired by DOGE, these meme characters are equipped with base-jumping gear and soaring through the skies.
While the Base blockchain is its home, DAWGZ stands out with its innovative multi-chain approach, allowing easy interaction with Ethereum, Solana, Binance Smart Chain, and AVAX.
The platform uses advanced Web3 technology to enable DAWGZ to seamlessly transact across multiple blockchain ecosystems.
🚀 #BaseDawgz Update 🐶
🌐 @BaseDawgz ($DAWGZ), the new Doge-themed meme coin, leverages Wormhole and Portal Bridge technologies for seamless cross-chain trading.
🔗 Raised over $2.3 million in a month, showcasing the strong appeal of #memecoin metadata. The community is… pic.twitter.com/DY9rXme76f
— Base Feed News (@base_feed) July 3, 2024
The project has officially launched its staking feature, allowing token holders to start earning rewards immediately. The team has allocated 1.69 billion $DAWGZ tokens, or 20% of its total supply of 8.4 billion tokens, for staking rewards.
It’s another positive development for $DAWGZ, offering a stronger incentive for holding the token to earn passive income.
The Base Dawgz team has also launched an airdrop campaign to reward creativity and social engagement. Participants can connect their X accounts and create and share memes and other content about Base Dawgz.
Base Dawgz lancia lo staking e la prevendita supera $2,3 milioni
https://t.co/aM7uydKwx2
— ilSaronno (@ilSaronno) July 5, 2024
Each piece of content earns points, which can be redeemed for $DAWGZ tokens once the presale ends. This campaign is a fun and rewarding way to promote Base Dawgz and engage with the community.
ClayBro, a popular YouTuber and crypto analyst, says DAWGZ has the potential to ”create millionaires.”
DAWGZ tokens cost $0.00581 each. Interested investors should buy soon because the price will increase in less than a day.
Buy DAWGZ tokens here using ETH, USDT, BUSD, or USDC.
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