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Berachain Price Action Hints at Explosive 466% Surge, Analyst Notes

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15 hour ago

Berachain Price Action Hints at Explosive 466% Surge, Analyst Notes

A strong reversal pattern and rising volume signal Berachain’s bullish momentum with potential gains of up to 466%. EMA55 resistance flip and green candle confirmation support a breakout scenario on the daily chart. The price of the BERA token has begun to show interesting signs. In the past few days, technical signals and fundamental news have begun to align—and both are now trending upward. Analyst Master Ananda observed a classic price reversal pattern emerging on the BERA token’s daily chart. This pattern, which he marked in blue, typically marks the end of a painful downtrend and often marks the beginning of a major rally. Volume is also supportive. Two days ago, a surge in volume occurred just as the price encountered the 55-day moving average (EMA55), which was acting as a resistance wall. But instead of bouncing, a full green candle and substantial volume emerged, indicating a genuine presence of buyers. Furthermore, the resistance has now become new support. Source: Master Ananda on TradingView Ananda added that he has been observing BERA’s movements for several months. He believes the longer this consolidation phase lasts, the greater the chance of an upward breakout. The RSI is also starting to climb, volume is becoming denser, and selling pressure appears to be easing. Another important thing: the price has been moving up as major tokens like Bitcoin, Ethereum, and Solana are starting to tire. Master Ananda even targets a surge of up to 466% for BERA. He believes the emerging reversal pattern, coupled with high volume and now-confirmed support, could fuel a major rally. Ecosystem Moves: From Gamified Vaults to Play-to-Earn Mechanics But this green light isn’t just coming from the charts. There are equally interesting developments underway behind the scenes of the protocol. A few days ago, as previously reported by CNF, Berachain approved Batch 20 Reward for Risk Vaults (RFRV). One of those approved is Jiko, which presents the concept of a gamified DeFi vault through a product called Jiko BET. A portion of game revenue will be channeled directly to the vault to generate returns. Yes, that’s right, playing games and still earning from the vault. Who could say no? On the other hand, Smilee Finance also emerged with two weighted pools, a combination of swBERA and wgBERA. These two projects demonstrate how the Berachain ecosystem is becoming increasingly diverse and creative, rather than simply waiting for price fluctuations on the exchange. Furthermore, we can’t ignore the Proof-of-Fun effect launched at the end of July. Through games like Wizzwoods and Beratone, player social activity directly impacts validator incentives. This makes player participation not just entertainment, but also part of the network. Berachain Makes It Easier to Stake, Earn, and Chill If you think all that isn’t enough, there’s something else that makes BERA holders even more excited: Proof-of-Liquidity v2, which has been active since July 21st. Through this mechanism, 33% of the protocol’s emissions go directly to stakers. This means BERA holders can earn real returns from the network without having to engage in third-party contracts. And there’s another thing: the unbonding period is seven days. This means selling pressure will be significantly reduced as people tend to hold their stakes longer. Oh yes, in early August, Bybit also integrated USDT0, a cross-chain stablecoin that can now be used on Berachain. Users can deposit and withdraw funds without any hassle, especially with the current fee-free promotion and increased returns. It’s perfect for those looking for a hassle-free staking alternative. Meanwhile, at the time of writing, BERA is trading at about $2.39, up 11.09% in the last 24 hours and up 16.26% in the last 7 days.

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