Brise is up by a percentage point in today’s trading session. It also looks like today will mark the fifth consecutive bull run.
However, despite today’s bull run, Brise prices have struggled in the past few months, with prices dropping by 38 per cent in June and 27 per cent in May. We have also been in an aggressive cryptocurrency industry bear market that has seen most altcoins’ prices fall drastically in the past few months.
Brise Price Prediction
In today’s trading session, Brice opened the markets trading at 4.3e-7 before dropping to its lowest point of $4.12e-7. The crypto also reached its day-trading high of 4.5e-7 before retracing to its current price of 4.36e-7. These swings indicate that the cryptocurrency has been very active throughout the session. However, the cryptocurrency has failed to establish a trend and has wobbled near its opening price.
Looking at the daily chart below, we can see the price is up by a percentage point. The chart also shows that today’s bull market will mark the fifth consecutive day Brise is closing with a price gain. The chart also shows the Williams Alligator giving strong bullish signals, despite Brise being in a strong bearish trend throughout the month, which has resulted in prices falling by 38 per cent.
Therefore, putting everything together, my Brise price prediction expects the prices to continue going up. There is a high likelihood that even in today’s trading session, a new intraday price high will be set and the previous 4.5e-7 broken to the upside. In the coming session, I expect the prices to trade above the 5.0e-7 price level.
However, my trade will be invalidated if the prices close below yesterday’s opening price of 3.8e-7. At that point, it will be very clear that the prices have failed to continue with the bullish trend but instead reversed to a bearish trend.