Berachain (BERA) Price Surges 35% From Lows — Key Resistance at $7.20

Key Takeaways

• Berachain’s (BERA) price has created a triple-top pattern.
• The BERA price follows an ascending support trend line.
• How will Berachain perform during the rest of 2025?
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Berachain debuted its mainnet with a successful airdrop on Feb. 6. While the price launched at $15, it quickly dropped to $7.68 and has fallen since, with many users lamenting their decision to launch at the beginning of the crypto bear market.

Nevertheless, the BERA price has regained its footing and bounced over 35% since its lows in March. With the price facing a key resistance at $7.20, all eyes are on whether it can break out above it.

Berachain’s Bearish Pattern

The six-hour Berachain analysis shows the price has created a triple top pattern (red icons) at $9.20 since its launch. The triple top is a bearish pattern that often leads to bearish trend reversals.

After a 42% drop, BERA reached a low of $5.25, creating a higher low relative to the all-time low of Feb. 10 and an ascending support trend line.

However, the $7.20 horizontal resistance area rejected BERA (black circle), starting a downward movement.

Despite the rejection, technical indicators are still bullish. The Relative Strength Index (RSI) and Moving Average Convergence/Divergence (MACD) are increasing. The RSI is above 50, while the MACD is above 0.

As a result, the daily time frame suggests an eventual breakout above $7.20 is likely.

BERA Price Breakout

The wave count shows that upward and downward movements have been three-wave structures since launch. This means the entire movement can be contained inside a symmetrical triangle, also aligning with the pattern of lower highs and higher lows.

If the count is accurate, the BERA price is currently in wave D of an A-B-C-D-E structure.

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Wave D can end at the triangle’s resistance trend line at $8, triggering a breakout above the $7.20 horizontal resistance area. Afterward, wave E could end at the $7.20 area, validating it as support or drop to the triangle’s support trend line at $6.40.

However, since the triangle is a neutral pattern, it is unclear if the BERA price will ultimately break out or down from it.

So, while the short-term BERA prediction is bullish, indicating the price will break out above $7.20, the long-term trend is unclear.

Future Trend Unclear

The Berachain price has struggled since launch, creating a series of lower highs.

Nevertheless, the short-term outlook suggests a breakout from the $7.20 area is likely. Despite this positive prediction, the long-term trend is still unclear.