Brett (BRETT) Price Prediction 2023-2025: Can the Base-Based Memecoin Resume Its Upward Momentum?

Brett [BRETT], a popular Base-based memecoin, has recently broken out of consolidation and successfully retested its support levels.

Popular Base-based memecoin, BRETT [BRETT], has broken out of consolidation and retested its support levels.

However, the token is struggling to push higher, likely due to slow weekend market activity.

Despite this, the price action is expected to resume its upward momentum, considering BRETT’s strong position and recent performance.

Over the past seven days, BRETT has risen by 15%, and in the last 30 days, it has seen a 31% gain, with top holders largely influencing the market.

This indicates growing interest as the final quarter of the year progresses.

According to the latest data, BRETT’s price action, following its breakout from a wedge consolidation pattern, shows potential for further gains once weekend trading activity picks up steam.

Being the primary memecoin on Base, BRETT is positioned to receive a significant portion of liquidity from this ecosystem.

Moreover, the weekly chart showcases a large wick, indicating strong buying pressure for BRETT, which may propel the price higher as trading volume increases.

Profitability and volume

Examining the In/Out of the Money indicator, we find that 44.18% of traders holding the memecoin are in profit, with the most profitable addresses concentrated in the price range of $0.081407 to $0.089350.

This translates to 302,000 addresses being in the money, while 50% of traders are out of the money, representing 342,000 addresses. Around 6%, or 38,000 addresses, are currently trading at breakeven.

With a total supply of 9.91 billion tokens and a maximum supply of 10 billion, BRETT’s tokenomics continue to attract investors seeking long-term growth.

As the largest memecoin on Base, it boasts substantial market participation.

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