Key Takeaways
Brett is a memecoin based on the Base network.
Brett launched its BRETT token in March 2024. Its price reached an all-time high of $0.235 on Dec. 1 but has fallen since.
On Dec. 5, 2024, BRETT was worth about $0.204.
Let’s examine our price predictions for BRETT on Dec. 5, 2024. We will also examine the BRETT price history and discuss what Brett is and does.
Here are CCN’s Brett price predictions, made on Dec. 5, 2024. While we take the utmost care with our price forecasts, it is important to remember that price predictions, especially for something as potentially volatile as crypto, are often wrong.
Minimum BRETT Price Prediction | Average BRETT Price Prediction | Maximum BRETT Price Prediction | |
---|---|---|---|
2025 | $0.15 | $0.30 | $0.50 |
2026 | $0.20 | $0.45 | $0.75 |
2030 | $0.50 | $1 | $1.50 |
By 2025, BRETT is expected to benefit from ongoing market adoption and development, as its recent rally suggests strong investor confidence in its broader potential. However, market volatility and the possibility of a retracement from overbought levels could cap gains, resulting in the lower-end prediction of $0.15. At the same time, sustained bullish momentum could drive the price to as high as $0.50.
In 2026, increasing utility and broader market maturity could support BRETT’s trajectory, allowing for steady growth beyond its 2025 highs. The average price of $0.45 reflects a balanced projection between market adoption and intermittent corrections, with a high of $0.75 achievable if the project capitalizes on strong market trends.
By 2030, BRETT has the potential to become a more established player, benefiting from widespread adoption and integration into diverse use cases. The minimum of $0.50 accounts for external market pressures and competition, while a maximum of $1.50 is achievable under ideal mass adoption and continued innovation conditions.
BRETT recently broke out of a prolonged corrective phase, completing a complex WXYXZ correction and surging to a new all-time high on Dec. 1. The daily candle closed below the 2.618 Fibonacci extension at $0.21, signaling potential exhaustion of wave 5 within its Elliott Wave structure.
Since then, the price has declined slightly, consolidating around $0.20, which may precede another push higher before the cycle concludes.
The RSI indicates overbought conditions, suggesting the rally could be nearing a pause or retracement, but the broader bullish structure remains intact.
The hourly chart indicates a wave four correction is underway following a five-wave impulse since the completion of higher-degree wave four on Nov. 26.
The final, fifth wave is expected to push the price higher, targeting $0.25 or even $0.267.
Alternatively, if the Dec. 1 peak marked the end of the uptrend, further consolidation or a downturn could follow. A breakout from the descending triangle forming will determine whether the bullish trend continues and the Brett price prediction for the next 24 hours.
The Average True Range (ATR) measures market volatility by averaging the largest of three values: the current high minus the current low, the absolute value of the current high minus the previous close, and the absolute value of the current low minus the previous close over a period, typically 14 days.
A rising ATR indicates increasing volatility, while a falling ATR indicates decreasing volatility. Since ATR values can be higher for higher-priced assets, normalize ATR by dividing it by the asset price to compare volatility across different price levels.
On Dec. 5, 2024, BRETT’s ATR was at a low of 0.02122, implying relatively high volatility.
The Relative Strength Index (RSI) is a momentum indicator traders use to determine whether an asset is overbought or oversold. Movements above 70 and 30 show overbought and oversold conditions, respectively.
Movements above and below the 50 line also indicate if the trend is bullish or bearish.
On Dec. 5, 2024, BRETT’s RSI was at 69, showing a highly bullish trend, with the token in danger of becoming overbought.
The CCN Strength Index combines an array of advanced market signals to measure the strength of individual cryptocurrencies over the last 30 days.
Every day, it assigns a strength score, ranging from 0 to 100, to the top 500 assets by market capitalization on CoinMarketCap, focusing on both trend direction and the intensity of price movements.
The index dynamically adapts to rapid changes. For example, an asset experiencing a 100% increase within a short timeframe would see a sharp jump in its score to reflect the intensity of the rise.
However, should that asset stabilize at this new price level, the score will gradually taper down and align with the dampened momentum as the movement normalizes. The same principle applies to rapid declines: a sudden drop will spike the score downward, but as volatility decreases, the score will slowly adjust back up.
On Dec. 5 2024, Bitcoin scored XXX on the CCN Index, suggesting YYY momentum.
Let’s look at some of the key dates in the Brett price history . While past performance should never be taken as an indicator of future results, knowing what the token has done can help give us some context when it comes to making or interpreting a BRETT price prediction.
Time period | BRETT price |
---|---|
Last week (Nov. 28 2024) | $0.1735 |
Last month (Nov. 5 2024) | $0.08202 |
Three months ago (Sept. 5 2024) | $0.07439 |
Launch price (March 12 2024) | $0.03499 |
All-time high (Dec. 1 2024) | $0.235 |
All-time low (March 19 2024) | $0.01945 |
The market capitalization, or market cap, is the sum of the total number of BRETT in circulation multiplied by its price.
On Dec. 5, 2024, BRETT’s market cap was $2.02 billion, making it the 67th-largest crypto by that metric.
Supply and distribution | Figures |
---|---|
Maximum Supply | 10,000,000,000 |
Circulating supply (as of Dec. 5 2024) | 9,910,236,395 (99.1% of total supply) |
BRETT is a speculative memecoin based on the Base layer-2 platform.
People can hold BRETT in the hope that its value will go up. Meanwhile, people can buy, sell, and trade it on exchanges.
It is hard to say. It is worth pointing out that Brett has been around for less than a year, and its price has increased.
Brett has some potential to grow with Base, a platform that offers more speed and flexibility for DApp developers.
However, the lack of any proper technical documentation or whitepaper could put some potential investors off.
As always with crypto, you should do your own research before deciding whether or not to invest in BRETT.
No one can tell right now. While the Brett crypto price predictions are largely positive, price predictions have a well-earned reputation for being wrong. Keep in mind that prices can and do go down and up.
Before deciding whether to invest in Brett, you will have to do your own research on BRETT and other related coins. Either way, you must also ensure you never invest more money than you can afford to lose.
According to our price predictions based on technical analysis, BRETT might reach the dollar in 2030.
Brett ($BRETT) is a memecoin. People can buy, sell, and trade it on exchanges.