Altcoin Skyrockets 13,000%+ in Five Months; Analyst Foresees Potential Upswing – Here’s the Twist

Crypto analyst Michaël van de Poppe, followed closely in the crypto community, suggests that BRETT, a memecoin on the Base network, could see renewed uptrends following a significant 50% correction. 

BRETT has surged by a remarkable 13,000% since February, boasting a market cap of $1.16 billion. Van de Poppe, addressing his large social media following, highlights potential support levels around $0.1350, indicating a possible continuation of bullish momentum for BRETT. Meanwhile, he expresses optimism about Ethereum (ETH), anticipating positive outcomes from the upcoming Ethereum spot market ETF launch. 

Noting ETH’s recent outperformance against Bitcoin (BTC), up 20% in the past nine weeks, Van de Poppe emphasizes ETH’s strengthening trend and its potential impact on the broader crypto ecosystem. At present, ETH trades at $3,138.

Clever Robot News Desk 15th July 2024

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