Build-A-Berathon starts today in NYC with up to $500,000 in cash and prizes up for grabs.
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29-08-2025 14:23
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Berachain price holds at $2.75 as bulls target continuation of the uptrend
Berachain (BERA) price is up 5% in the past 24 hours as the altcoin trends among top gainers today.
With BERA benefiting from a 60% spike in daily volume, bulls are attempting to stabilize at $2.75, which could see the cryptocurrency’s price target $4.00.
Although profit taking across the crypto market has many coins bleeding, recent ecosystem developments and a favorable market backdrop is what may see Berachain bulls maintain an uptrend formed since August 2.
Berachain price up 5% amid volume surge
The recent surge in Berachain’s price aligns with a broader cryptocurrency market rebound through August.
Despite the downturn witnessed so far, BERA remains 38% up this past week, with a 5% uptick in the past 24 hours helping buyers hold above $2.75.
This comes as Bitcoin and Ethereum lead a correction, with BTC breaking below $110k and Ethereum retreating to under $4,400.
While this market-wide slip has bolstered bears, investor confidence in risk assets is still high and BERA could ride positive sentiment across the crypto space to aim for highs last seen in May.
A key catalyst for Berachain’s momentum is the Build-a-Berathon event held this week in New York City.
The event brought together 30 curated builders to compete for $500,000 in prizes, fostering innovation within Berachain’s ecosystem.
As a high-profile hackathon, it showcased the platform’s developer-friendly environment and highlighted the protocol’s compatibility with Ethereum’s ERC standards and its unique PoL model.
The event has sparked excitement, reinforcing Berachain’s potential to attract top-tier decentralized applications (dApps) and drive adoption.
Additionally, recent ecosystem launches have fueled optimism. The PoL V2 upgrade, implemented in July 2025, introduced native yield for BERA stakers, with 33% of protocol emissions now directed to stakers, offering up to 60% APR.
New DeFi components, such as the Bend lending protocol and expanded HONEY stablecoin collateral, are enhancing the platform’s utility.
Berachain price forecast
As noted, BERA’s price movement in recent weeks is one that reflects bullish sentiment.
The altcoin has held above a rising trendline since its breakout from a low of $1.69 on August 2, 2025.
With price hovering around $2.75, a breakout above key resistance at $2.80 could allow Bulls to target gains beyond $4.00. Hitting the level not seen since May will embolden buyers.
However, failure to decisively conquer the $2.80 resistance zone may allow bearish strength to creep in amid profit taking. Retreat to support levels near $2.50 and Berachain price could look at lows of $2.10 for support.
Traders can check on technical indicators such as the Relative Strength Index, Moving Average Convergence Divergence and Chaikin Money Flow for the short term outlook.
The post Berachain price holds at $2.75 as bulls target continuation of the uptrend appeared first on Invezz
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29-08-2025 14:23
29-08-2025 14:23