Bitgert (BRISE) continues to catch the attention of investors globally with its mind-blowing performance in the past 30 days. Specifically, BRISE surges its market position to almost 300%, from $0.00000037 to $0.0000009.
Read CRYPTONEWSLAND onThe parabolic price performance of Bitgert was triggered when the developers of the network teased a forthcoming big announcement. As per the developers, the announcement will be a game changer.
As of now, there are no concrete details on what the announcement is, but one thing is for sure, it is all about improvements.
In terms of technology, Bitgert provides low transaction fees compared to the leading cryptocurrency networks. According to its website, Bitgert can process millions of transactions at a cost of a few cents. In addition, the network can hold an approximate 100k TPS.
Bitgert is also home to some of the world’s top cryptocurrency applications. The Knit Finance, BriseSwap, Icecream Swap are examples of crypto platforms in the Bitgert ecosystem.
Bitgert Price Prediction
As seen in the graph above, Bitgert skyrocketed its price to almost $0.000001 with a growth rate of almost +300%. If this bullish trend continues, there might be a chance that Bitgert may reach the mind-blowing price of $0.0000037.
Meanwhile, the RSI and MACD of Bitgert maintain their bullish position. In detail, the MACD of Bitgert continues to move above the “0” line, a bullish indicator. However, the RSI of Bitgert shown in the graph displays an overbought position. In this case, traders and investors must trade with caution to avoid major price breakouts.
Nevertheless, the bright side of Bitgert is that even if the crypto performs a major price breakout, there is a big chance that it will fall inside the 70-30 RSI level. In this case, traders can still expect decent trading activities in the network. But, if Bitgert’s MACD falls below the zero level and its RSI goes over the 70-30 level, it will be a different story. The price of Bitgert might plummet.
Disclaimer: The views and opinions in this article belong to the writer alone and they do not necessarily reflect the position of CryptoNewsLand (CNL). No information in this article, whether expressed or implied, should be taken as financial advice. Remember that investing in cryptocurrency poses significant risks to your asset. Hence, CNL strongly recommends all readers perform their own in-depth research before investing in cryptocurrency.
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