Brett Price Prediction: BRETT Plummets 10% As Meme Coins Plunge And Investors Flock To Buy This Base Token With Only Hours Left
The Brett price plummeted over 10% in the last 24 hours to trade at $0.06867 as of 11:38 p.m. EST as traders dump their holdings in the meme coin. This sharp drop in the BRETT price coincides with a more than 4% decrease in the collective market capitalization of meme coins over the past 24 hours. The Brett Price Is At A Critical Point 4-hour chart for BRETT/USD (Source: GeckoTerminal ) Over the past few days, the Brett price has printed a series of lower lows and lower highs, resulting in the formation of a medium-term negative price channel. The meme coin is now also resting on the key support level at $0.06640. Should it drop below this technical safety net in the coming 24 hours, the crypto could continue to trade in the descending channel. However, BRETT rebounding from the $0.06640 support in the coming 12 hours might invalidate the bearish thesis. In this alternative scenario, the meme coin could attempt to break out of the bearish price channel. This might lead to the B...