Cryptocurrency

<div class="dailyhodl">
 <p>Cryptocurrency analyst and trader Ali Martinez is expressing bullish sentiment on an altcoin built on the Ethereum (ETH) scaling solution Base.</p>
 <p>Martinez tells his 55,200 followers on the social media platform X that the memecoin Brett (BRETT) could appreciate by around 57% from the current level.</p>
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 <p>The analyst, however, warns that a correction of around 25% from the current level could occur first.</p>
 <p><i>“The memecoin craze might seem to be cooling off, but I believe it’s just warming up. BRETT on Base is one of those that is gearing up for an epic sprint!</i></p>
 <p><i>Before soaring, BRETT might dip to the $0.038 support, setting the stage for a bullish breakout to $0.080!”</i></p>
 <p>Based on the analyst’s chart, it appears that the memecoin is forming an ascending triangle pattern in the one-hour time frame. An ascending triangle pattern is considered bullish once the price breaks out of the upper resistance level.</p>
 <figure style="width: 100%" class="wp-caption aligncenter"><img decoding="async" class="css-9pa8cd" draggable="true" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/GJvnCdiWwAA_4fC?format=jpg&amp;name=small" alt="Image" width="680" height="463">
  <figcaption class="wp-caption-text">
   Source: ali_charts/X
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 <p>BRETT is trading at $0.0509 at time of writing, up by around 5,865% from the February 29 low of $0.000847.</p>
 <p>Turning to Bitcoin (BTC), Martinez says that the flagship crypto asset could go up by around 9% from the current level if a key support and psychological level holds.</p>
 <p><i>“Bitcoin appears to be breaking out of a bull flag on the 4-hour chart! If BTC holds above $70,000, we could see a surge of nearly 10% to a new all-time high of $77,000!”</i></p>
 <figure style="width: 100%" class="wp-caption aligncenter"><img decoding="async" class="css-9pa8cd" draggable="true" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/GJvPjCHWcAIUOdk?format=jpg&amp;name=small" alt="Image" width="680" height="463">
  <figcaption class="wp-caption-text">
   Source: ali_charts/X
  </figcaption>
 </figure>
 <p>Bitcoin is trading at $70,612 at time of writing.</p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/under-the-radar-memecoin-that-s-exploded-over-5-800-in-a-month-on-the-cusp-of-an-epic-sprint-says-trader-tbt83874.html">https://thebittimes.com/under-the-radar-memecoin-that-s-exploded-over-5-800-in-a-month-on-the-cusp-of-an-epic-sprint-says-trader-tbt83874.html</a></p>

Under-the-Radar Memecoin That’s Exploded Over 5,800% in a Month on the Cusp of an ‘Epic Sprint’, Says Trader

TheBitTimes

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