News

Brett Dropped -8.73% in Last Month and is Predicted to Reach $0.118989 By Nov 01, 2024

Brett Dropped -8.73% in Last Month and is Predicted to Reach $0.118989 By Nov 01, 2024


| CoinCodex

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.

  • Brett is up 3.89% today against the US Dollar
  • BRETT/BTC increased by 2.40% today
  • BRETT/ETH increased by 2.78% today
  • Brett is currently trading 22.26% below our prediction on Nov 01, 2024
  • Brett dropped -8.73% in the last month and is up 10,747.90% since 1 year ago
Brett price $ 0.092504
Brett prediction $ 0.118989 (30.09%)
Sentiment Bearish
Fear & Greed index 69 (Greed)
Key support levels $ 0.086854, $ 0.084525, $ 0.081328
Key resistance levels $ 0.092380, $ 0.095577, $ 0.097906

BRETT price is expected to rise by 30.09% in the next 5 days according to our Brett price prediction

is trading at $ 0.092504 after gaining 3.89% in the last 24 hours. The coin outperformed the cryptocurrency market, as the total crypto market cap increased by 0.86% in the same time period. BRETT performed well against BTC today and recorded a 2.40% gain against the world’s largest cryptocurrency.

According to our Brett price prediction, BRETT is expected to reach a price of $ 0.118989 by Nov 01, 2024. This would represent a 30.09% price increase for BRETT in the next 5 days.

BRETT Price Prediction Chart

Buy/Sell Brett

What has been going on with Brett in the last 30 days

Brett has been displaying a negative trend recently, as the coin lost -8.73% in the last 30-days. The medium-term trend for Brett has been bearish, with BRETT dropping by -31.52% in the last 3 months. The long-term picture for Brett has been positive, as BRETT is currently displaying a 10,747.90% 1-year price change. On this day last year, BRETT was trading at $ 0.000853.

Brett reached its all-time high price on Jun 09, 2024, when the price of BRETT peaked at $ 0.193792. The current BRETT cycle high is $ 0.117662, while the cycle low is at $ 0.058637. BRETT has been displaying low volatility recently – the 1-month volatility of the coin is at 9.74. Brett recorded 15 green days in the last 30 days.

Brett technical analysis for today – Oct 28, 2024

The sentiment in the Brett markets is currently Bearish, and the Fear & Greed index is reading Greed. The most important support levels to watch are $ 0.086854, $ 0.084525 and $ 0.081328, while $ 0.092380, $ 0.095577 and $ 0.097906 are the key resistance levels.

Bearish sentiment for Brett

8 indicators are currently signaling a bullish prediction for Brett, while 17 indicators are showing a bearish forecast. With 68% of indicators favoring a negative prediction. This results in an overall Bearish sentiment for Brett.

Crypto market is currently experiencing Greed

Currently, the Fear & Greed index is at 69 (Greed), which signals that investors have a positive outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.

Brett moving averages & oscillators

Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how Brett is positioned in the market right now.

Period Daily Simple Daily Exponential Weekly Simple Weekly Exponential
MA3 $ 0.095912 (SELL) $ 0.104203 (SELL)
MA5 $ 0.100779 (SELL) $ 0.104055 (SELL)
MA10 $ 0.098688 (SELL) $ 0.101101 (SELL)
MA21 $ 0.098769 (SELL) $ 0.095929 (SELL) $ 0.038811 (BUY) $ 0.066075 (BUY)
MA50 $ 0.089154 (BUY) $ 0.091989 (BUY)
MA100 $ 0.094474 (SELL) $ 0.093062 (SELL)
MA200 $ 0.093565 (SELL) $ 0.091789 (BUY)
Period Value Action
RSI (14) 42.73 NEUTRAL
Stoch RSI (14) 0.00 BUY
Stochastic Fast (14) 9.20 BUY
Commodity Channel Index (20) -66.67 NEUTRAL
Average Directional Index (14) 18.91 NEUTRAL
Awesome Oscillator (5, 34) 0.00 NEUTRAL
Momentum (10) -0.01 NEUTRAL
MACD (12, 26) 0.00 NEUTRAL
Williams Percent Range (14) -90.80 BUY
Ultimate Oscillator (7, 14, 28) 39.96 NEUTRAL
VWMA (10) 0.10 SELL
Hull Moving Average (9) 0.09 SELL
Ichimoku Cloud B/L (9, 26, 52, 26) 0.10 NEUTRAL

The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for Brett is at 42.73, suggesting that BRETT is currently neutral.

The 50-day Simple Moving Average (SMA 50) takes into account the closing price of Brett over the last 50 days. Currently, Brett is trading below the SMA 50 trendline, which is a bearish signal.

Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the BRETT closing price for the last 200 days. BRETT is now trading below the SMA 200, signaling that the market is currently bearish.

The bottom line about this Brett prediction

After considering the above factors, we can conclude that the current forecast for Brett price prediction is Bearish. BRETT would have to increase by 30.09% to hit our $ 0.118989 target within the next five days. Moving forward, it will be important to monitor the BRETT market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term Brett price predictions click here.

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *