BRETT
Last on the list is BRETT, the leading cryptocurrency and meme coin developed on Coinbase’s layer 2 network Base. Looking at the 4-hour chart, BRETT formed a parabolic pattern between May 9 and June 9. During this period, the price rose from $0.033 to $0.19.
However, the formation of a parabolic pattern indicates that the cryptocurrency was saturated at its peak. Therefore, a reversal in price is expected as BRETT is currently trading at $0.15. Despite the price decline, the RSI has not been able to fall below the 50.00 average level.
This proves that buyers are determined to protect the $0.13 support level. If this situation continues next month, BRETT price may avoid further declines. If so, the price may challenge the all-time high between $0.20 and $0.21.
In conclusion, it should be noted that these new all-time high predictions depend on market changes. If July performs much better than June, these altcoins are likely to achieve their stated goals. However, if the market faces difficulties for sellers, some forecasts may no longer be valid.
