- Bullish BRISE price prediction for 2023 is $0.0000002806 to $0.0000003863.
- Bitgert (BRISE) price might reach $0.0000005 soon.
- Bearish BRISE price prediction for 2023 is $0.0000001529.
In this Bitgert (BRISE) price prediction 2023, we will analyze the price patterns of BRISE by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency.
Bitgert (BRISE) Current Market Status
|24 – Hour Trading Volume||$2,529,049|
|24 – Hour Price Change||2.49% Down|
|All – Time High||$0.00000404 (On Aug 13, 2021)|
What is Bitgert (BRISE)?
Bitgert (BRISE) is a blockchain project that emerged in July 2021, focusing on crypto engineering and centralized exchange solutions. Originally built on BNB Chain, it later introduced the BRC20 blockchain in 2022, enabling near-zero gas fees and rapid cross-chain transactions. More specifically, the gas fee is $0.0000000000001 per transaction, while the supported throughput is up to 100,000 TPS.
Notable products offered by Bitgert include Bitgert Blockchain, Bitgert Exchange, Paybrise, Realestate Marketplace, Decentralized Marketplace, BRISE staking, and BRISE Swap. BRISE serves as the native token of Bitgert, offering staking opportunities and rewards in BUSD on the BSC network exclusively. Also, Bitgert offers an alternative to the popular DEX platform PancakeSwap.
Bitgert (BRISE) Price Prediction 2023
Bitgert (BRISE) ranks 192nd on CoinMarketCap in terms of its market capitalization. The overview of the Bitgert Price prediction for 2023 is explained below with a daily time frame.
In the above chart, Bitgert (BRISE) laid out an Horizontal Channel also known as the sideways trend. In general, the horizontal channel is formed during the price consolidation. In this pattern, the upper trendline, the line which connects the highs, and the lower trendline, line which connects the lows, run horizontally parallel and the price action is contained within it.
A horizontal channel is often regarded as one of the suitable patterns for timing the market as the buying and selling points are in consolidation.
At the time of analysis, the price of Bitgert (BRISE) was recorded at $0.0000002556. If the pattern trend continues, the price of BRISE might reach the resistance levels of $0.0000002903 and $0.0000003894. If the trend reverses, then the price of BRISE may fall to the support of $0.0000002514 and $0.0000002165.
Bitgert (BRISE) Resistance and Support Levels
The chart given below elucidates the possible resistance and support levels of Bitgert (BRISE) in 2023.
|Resistance Level 1||$0.0000002806|
|Resistance Level 2||$0.0000003863|
|Support Level 1||$0.0000002048|
|Support Level 2||$0.0000001529|
As per the above analysis, if Bitgert’s (BRISE) bulls take the lead, it might hit and break through its resistance level of $0.0000003863.
Conversely, if Bitgert’s (BRISE) bears dominate the trend, the price of BRISE might plunge to $0.0000001529.
Bitgert (BRISE) Price Prediction 2023 — RVOL, MA, and RSI
The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of Bitgert (BRISE) are shown in the chart below.
The technical analysis indicator Relative Volume (RVOL) is used to measure the trading volume of an asset in relation to its recent average volumes. It is typically calculated by dividing the current day’s trading volume by the average volume over a specified period, such as the past 20 or 50 trading days. The resulting ratio is known as the “relative volume,” which can help traders identify unusual trading activity and changes in market sentiment.
High relative volume readings suggest that there is increased interest in the asset, which may indicate a potential trend reversal or breakout. Conversely, low relative volume readings may indicate a lack of interest or a consolidation period.
At the time of analysis, the RVOL of Bitgert (BRISE) was below the cutoff line, denoting weak participants trading in the current trend.
The next technical indicator is the Moving Average (MA). This momentum indicator is used to smooth out price data and identify trends in the market. It helps in calculating the average price of an asset over a specific period. Particularly, the 50-day moving average (50 MA) evaluates the average closing price of the asset over the past 50 days. When the price of an asset is above its 50MA, it is considered to be in an uptrend (bullish), if laid below 50MA, it is in a downtrend (bearish).
Notably, in the above chart, the BRISE price lies above 50 MA (short-term), indicating its uptrend trend. Hence, it can be concluded that BRISE is in a bullish state. Although this is the current state, a trend reversal might occur.
Next up is the Relative Strength Index (RSI). This analysis indicator helps traders to determine the strength and momentum of an asset’s price movement over a specific period. In this analysis, the RSI is calculated by comparing the average gains and losses of the asset over the past 14 periods. The resulting value is expressed as a number between 0 and 100, with readings above 70 indicating an overbought state and readings below 30 indicating an oversold state.
Traders often use the RSI to crucially identify potential trend reversals or to confirm the direction of a trend. For instance, if an asset is in an uptrend and the RSI reaches an overbought reading of 70, it may suggest that the asset is due for a pullback or correction. Conversely, if an asset is in a downtrend and the RSI reaches an oversold reading of 30, it may suggest that the asset could potentially reverse direction.
Markedly, during analysis, the RSI of BRISE is at 54.84. Therefore, this indicates BRISE is nearly in an overbought state.
Bitgert (BRISE) Price Prediction 2023 — ADX, RVI
In the below chart, we analyze the strength and volatility of Bitgert (BRISE) using the following technical analysis indicators – Average Directional Index (ADX) and Relative Volatility Index (RVI).
To analyze the strength of the trend momentum, let us take note of the Average Directional Index (ADX). The ADX value is derived from the two directional movement indicators (DMI) such as +DI and -DI and is expressed between 0 to 100.
According to the data on the above chart, the ADX of BRISE lies in the range of 36.06, pointing out a weak trend.
The above chart also displays another technical indicator – the Relative Volatility Index (RVI). This is used to measure the volatility of an asset’s price movement over a specific period. With respect to the chart’s data, the RVI of BRISE lies below 50, indicating low volatility.
Comparison of BRISE with BTC ETH
Let us now compare the price movements of Bitgert (BRISE) with Bitcoin (BTC) and Ethereum (ETH).
From the above chart, we can interpret that the price action of BRISE is in a similar trend with respect to BTC and ETH. This indicates that when the price of BTC and ETH increases or decreases, the price of BRISE also increases or decreases respectively.
Bitgert (BRISE) Price Prediction 2024-2030
With the help of the aforementioned technical analysis indicators and trend patterns, Let us predict the price of Bitgert (BRISE) between 2024 and 2030.
Bitgert (BRISE) Price Prediction 2024
If bulls dominate the price momentum and trend patterns, then Bitgert (BRISE) might successfully test and surpass its resistance levels to hit $0.000001 by 2024.
Bitgert (BRISE) Price Prediction 2025
The significant upgrades in the Bitgert ecosystem might persuade the entry of an increased number of investors. This may eventually boost the Bitgert (BRISE) price to reach $0.000003 by 2025.
Bitgert (BRISE) Price Prediction 2026
If Bitgert (BRISE) successfully tests its major resistance levels and continues to move upside, then it would rally to hit $0.000005.
Bitgert (BRISE) Price Prediction 2027
Bitgert (BRISE) might sustain major resistance levels and continue to be recognized as a good investment option. If it stands so in the market, BRISE would rally to hit $0.000008.
Bitgert (BRISE) Price Prediction 2028
If Bitgert (BRISE) holds a positive market sentiment amid the highly-volatile crypto market by driving significant price rallies, BRISE would hit $0.00001 by 2028.
Bitgert (BRISE) Price Prediction 2029
If investors flock in and continue to place their bets on Bitgert (BRISE), then the crypto would witness major spikes. Hence, BRISE might hit $0.00003 by 2029.
Bitgert (BRISE) Price Prediction 2030
If the trend momentum aligns in favor of Bitgert, then the BRISE price is expected to rally to $0.00005 by 2030. Furthermore, BRISE would hold a positive market sentiment and be recognized as a long-term investment with highly profitable ROI.
If Bitgert (BRISE) establishes itself as a profitable investment in 2023, this year would be favorable to the cryptocurrency. In conclusion, the bullish Bitgert (BRISE) price prediction for 2023 is $0.0000003863. Relatively, the bearish Bitgert (BRISE) price prediction for 2023 is $0.0000001529.
If there is a positive elevation in the market momentum and investors’ sentiment, Bitgert (BRISE) might hit $0.0000005. With future upgrades and advancements in the Bitgert ecosystem, BRISE might surpass its current all-time high (ATH) of $$0.00000404 and mark its new ATH.
1. What is Bitgert (BRISE)?
Bitgert (BRISE) is one of the leading cryptocurrencies that was launched in July 2021. Initially, Bitgert was built on the BNB Chain and used BNB to pay rewards. However, a major milestone for Bitgert came in 2022 with the introduction of the BRC20 blockchain.
2. Where can you purchase Bitgert (BRISE) ?
Bitgert (BRISE) has been listed mostly on all crypto exchanges – from Gate.io, PancakeSwap (V2), MEXC, and Hotbit.
3. Will Bitgert (BRISE) reach a new ATH soon?
With the ongoing developments and upgrades within the Bitgert platform, BRISE has a high possibility of reaching its ATH soon.
4. What is the current all-time high (ATH) of Bitgert (BRISE)?
On Aug 13, 2021, Bitgert (BRISE) reached its new all-time high (ATH) of $0.00000404.
5. What is the lowest price of Bitgert (BRISE)?
According to CoinMarketCap, BRISE hit its all-time low (ATL) of $0.000000000616584 on September 09, 2021.
6. Will Bitgert (BRISE) reach $0.0000005?
If the bullish trend continues and if Bitgert (BRISE) retests its resistance levels, it will hit $0.0000005 soon.
7. What will be Bitgert (BRISE) price by 2024?
Bitgert (BRISE) price is expected to reach $0.000001 by 2024.
8. What will be Bitgert (BRISE) price by 2025?
Bitgert (BRISE) price is expected to reach $0.000003 by 2025.
9. What will be Bitgert (BRISE) price by 2026?
Bitgert (BRISE) price is expected to reach $0.000005 by 2026.
10. What will be Bitgert (BRISE) price by 2027?
Bitgert (BRISE) price is expected to reach $0.000008 by 2027.
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Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.