What’s Next for BERA as TVL Hits New High?

Bera Coin Price Prediction: Can BERA Break Resistance and Surge to $15

Berachain (BERA) has been moving spectacularly up for the last week, and certainly, after a brief consolidation period it is showing a really strong bounce. Right now, the memecoin is up by 1.2% in the past 24 hours, valued at $8.25 with a staggering trading volume of $276.86 million and a market capitalization of $886.60 million. The question now is: Can BERA break its $8.80-$9.00 resistance and surge toward $15? Let’s analyze the price action, technical indicators, and on-chain data to forecast the next move.

BERA/USDT Price Analysis: Breakout or Rejection?

BERA reached a significant resistance level of around $8. 80-$9. 00 in the past 2 weeks, according to crypto analyst Ali Martinez. Technical analysis shows that the meme coin is testing the upper boundary of a trading channel and thus signals a possible breakout.

Bullish Consequence: Since memecoin breaks decisively and sustains above $900, there may be some strong bullish momentum that sends the price higher (short-term $12.60 and 15+ as the next major moving target).

Bearish scenario: If Memecoin can’t break through this resistance, there may be another pullback to $7.80-$7.00 before another attempt to jump higher.

On-Chain Data Confirms Strong Market Sentiment

Adding to the bullish case, on-chain indicators show increasing investor confidence in Berachain

• Total Value Locked (TVL): BERA TVL recently reached $3.44 billion, near its all-time high of $3.49 billion (March 27).

• DEX Trading Volume Surges: From $36 Million to $132 Million Between 23 March and 25 March DEX trading volume surged from $36 million to $132 million, according to DefiLlama.

• Stablecoin Market Cap: The stablecoin market cap of the Berachain ecosystem hit a record high today at $1.32 billion.

These indicators are bolstering investor confidence, and thus, the upward momentum on display is generated by fundamental demand.

Price Outlook: What’s Next for BERA?

The hour chart shows that the price is forming a consolidation between $6.85 (support) and $8.81 (resistance). Price has respected this area several times, which suggests accumulation.

On the 2-hour chart, the meme coin has been in a steady uptrend from this month’s low of $5.2830 to a high of $9.50, trading above the 50-period moving average. Notably, token has formed a cup and handle pattern, with an upper resistance at $9.16.

Cup Depth: 38%

Projected Breakout Target: If the cup and handle pattern completes, the next target is $12. 60 and that’s a 50% upside from current levels.

Berachain’s strong rally, bullish on-chain metrics & technical formations made this breakout very probable. However, traders must carefully watch the $8.80-$9.00 resistance zone; if it goes above this zone, Berachain could go further, to $12.60-$15. If not, it might give us a temporary pullback.

With more TVL, more DEX trading volume, and more stablecoin liquidity, Berachain is an attractive project with great upside potential.