- Summary:
- Bitgert price (BRISE-USD) has perfectly met our last week's prediction.
- BRISE surged by more than 50% in just four days.
- The price started to retrace due to a correction in Bitcoin and Ethereum prices.
As my last Bitgert price (BRISE-USD) forecast predicted, the price gave a quick 42% pump. In my analysis, I forecasted that BRISE price could pump 50% in the near term. Little did I know that it would happen so quickly. If you followed our analysis, then congrats on banking a nice profit.
The price was on track to meet our target of $0.0000007500, but the correction is Bitcoin triggered a sell-off. BRISE-USD also kept rallying on the weekend before retracing on Sunday. On Monday, the pair turned green once again after gaining 1.94% till the London session.
How To Buy Bitgert?
Bitgert coin (BRISE) is not available on many major exchanges. However, recently many exchanges have started its trading. The best place to buy Bigert is the Kucoin trading platform. Kucoin has many popular altcoins which are not listed on other exchanges.
According to Coingecko, BRISE crypto is currently on 179 ranks in terms of its market cap. Its current price of $0.0000005991 puts it at a market capitalization of $234.4 million. The fully diluted valuation based on its max supply comes out to be $592 million.
This makes it one of the most valuable mid-capped altcoins. It is important to note here that the project’s fundamentals have failed to impress most of industry analysts. At a $234 million valuation, the project seems to be a bit overvalued.
Bitgert Price Forecast
On an hourly timeframe, BRISE-USD appears to be in an uptrend since last week. The 50% price surge in a span of 4 days pumped the price to $0.0000007000 level. However, Bitgert price failed to break above this level and plummeted. The following chart shows that the price got support from the 0.786 Fib retracement level that lies at $0.0000005584.
Since the price is still trading above the trendline, in the next few days, I expect another retest of the $0.0000007000 level. This will be a 16.5% move from the current price. In case of a daily closure above this level, Bitgert price prediction of $0.0000007500 will be the next target. The invalidation will be a breakdown below the upwards trendline.
