Brett Price Prediction: Is a NEW All-Time High Coming Soon?

02-07-2024 By: Lokesh Gupta
Brett Price Prediction: Is a NEW All-Time High Coming Soon?

BRETT token price continues impressive bull run trend

  • #Brett launched on April 18 and has experienced a remarkable 550% surge over the past three months.

  • After reaching a peak near $0.2000, Brett retraced by approximately 40% to around $0.1200.

  • Following this retracement, an uptrend formed with a notable support trendline evident on the 4-hour chart, supported by consistent higher low formations.

  • Recently, Brett broke out of a symmetrical triangle pattern, briefly dipping to the trendline before signaling a potential rebound.

  • #Brett has surged by 19.50% in the last 8 days, with ambitions to exceed its previous record high of $0.20.

  • The $0.1700 price point has consistently acted as a formidable barrier for $BRETT, corresponding with the 61.80 Fibonacci retracement level.

  • According to Coingabbar Prediction, Failure to breach this resistance could prompt a test of support levels at $0.1400 and potentially $0.1200, posing a risk to its bullish trend.

  • According to Fibonacci analysis based on recent trends, Brett could target the $0.24 mark if bullish momentum continues.

KEY LEVELS :

RESISTANCE LEVEL : $0.20000-$0.25000

SUPPORT LEVEL : $0.12000-$0.07500

Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.

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