Brett (BRETT) Price Prediction - Nov 05, 2024

BRETT price is expected to rise by 30.05% in the next 5 days according to our Brett price prediction

BRETT is currently trading at $ 0.077386, down -4.30% over the last 24 hours. The cryptocurrency market is also down -1.76% in the same time period, and appears to be performing worse than the total crypto market. When looking at the price of BRETT in relation to BTC, we see that BRETT lost -3.09% against the world’s largest cryptocurrency today.

According to our Brett price prediction, BRETT is expected to reach a price of $ 0.099962 by Nov 10, 2024. This would represent a 30.05% price increase for BRETT in the next 5 days.

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

Brett has been displaying a negative trend recently, as the coin lost -5.57% in the last 30-days. The medium-term trend for Brett has been bearish, with BRETT dropping by -16.46% in the last 3 months. The long-term picture for Brett has been positive, as BRETT is currently displaying a 8,975.07% 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 high volatility recently – the 1-month volatility of the coin is at 10.07. Brett recorded 14 green days in the last 30 days.

Brett technical analysis for today - Nov 05, 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 $ 0.072401, $ 0.069094 and $ 0.064409, while $ 0.080394, $ 0.085080 and $ 0.088387 are the key resistance levels.

Bearish sentiment for Brett

6 indicators are currently signaling a bullish prediction for Brett, while 20 indicators are showing a bearish forecast. With 77% 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.

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 34.36, 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 above the SMA 50 trendline, which is a bullish 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 above the SMA 200, signaling that the market is currently bullish.

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 30.05% to hit our $ 0.099962 target within the next five days. Moving