Brett Surged by 162%, but is it Worth Holding?

The post Brett Surged by 162%, but is it Worth Holding? appeared first on Coinpedia Fintech News

Brett (Based) has been the talk of the crypto world. In just two weeks, it soared 162%, catching everyone’s attention. But things hit a bump recently. After attempting to break its all-time high, the price couldn’t push through. Still, the coin’s market cap is close to $1.7 billion, and optimism isn’t fading. Is this just a pause before the next rally?

How’s the Price Holding Up?

At $0.1778, Brett (Based) is still performing well despite some ups and downs. Its trading volume dropped by 24.76% recently, now sitting at $185.4 million. Even with that dip, the price saw a 6.07% boost.

Moving Averages:

The token is trading above its 50-day SMA ($0.0972) and 200-day SMA ($0.0892). That’s a strong signal that the overall trend is still bullish.

RSI and ADX:

The RSI for Brett chart cooled off from an overheated 79.74 to a healthier 66.58. It’s still in bullish territory but less extreme. Meanwhile, an ADX of 54.09 points to strong momentum.

Next Target:

Experts are eyeing $0.25 as the next big price level. That’s a 52% jump from where it stands now.

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Brett Gets the Hype

Brett (Based) isn’t just another meme coin. It combines pop culture with DeFi, inspired by the Boys’ Club comic. As part of the Base Chain, it’s growing fast. It works as both a tipping tool and governance token, adding real utility.

But it’s not without risks. The liquidity isn’t locked, which makes long-term holding a bit uncertain. Some experts think the recent price surge might be overhyped, urging caution for new investors. The coin’s sharp rise could mean corrections ahead, so careful planning is key.

What to Expect

There’s buzz about a possible Coinbase listing, which could send prices soaring again. But for now, the market may take a breather, consolidating before its next big move. Can Brett (Based) smash through resistance and set new records? Only time will tell, but for now, it’s one to watch.