Latest BRICS Chain (BRICS) Price Analysis

Deep Dive

1. Geopolitical Tensions & De-Dollarization (Bullish Impact)

Overview: The U.S. imposed 50% tariffs on BRICS nations like Brazil and India on August 7, 2025 (DW), triggering coordinated responses. BRICS leaders condemned the measures and accelerated discussions on BRICS Pay—a blockchain-based cross-border payment system aimed at reducing dollar reliance.

What this means: BRICS Chain’s association with the bloc’s financial sovereignty narrative has drawn speculative interest. Projects like tokenized gold settlements (CoinMarketCap) align with the coin’s positioning as a potential tool for decentralized trade infrastructure.

What to watch: Progress on BRICS Pay’s technical roadmap and any official mentions of BRICS Chain in bloc communications.

2. Technical Indicators Show Tentative Recovery (Mixed Impact)

Overview: BRICS reclaimed its 7-day SMA ($17.49) and saw a bullish MACD crossover (histogram: +0.168). However, it remains below the 30-day SMA ($17.89), a key resistance level.

What this means: The bounce suggests short-term buying interest, but the 30-day trend (-13.15%) still dominates. A sustained break above $18.50 (Fibonacci 50% retracement) could signal momentum reversal.

What to watch: Volume trends—current 24h turnover of $1.02M remains below the 30-day average, questioning conviction.

Conclusion

BRICS Chain’s rally reflects a mix of geopolitical speculation and technical mean reversion, though broader skepticism persists given its 30-day decline. Key watch: Whether BRICS nations formalize blockchain integration plans at their emergency summit (scheduled September 8-9), which could catalyze volatility.

Deep Dive

1. Geopolitical Headwinds (Bearish Impact)

Overview:
The U.S. imposed 50% tariffs on BRICS members Brazil and India on August 7 (CoinMarketCap), escalating trade tensions. BRICS leaders condemned the measures as "unjustified blackmail," but failed to present a unified response plan.

What this means:
Investors perceive heightened regulatory/economic risks for BRICS-affiliated projects. The chain’s narrative as a tool for BRICS financial independence faces credibility challenges amid real-world bloc disunity.

What to watch:
Emergency BRICS summit outcomes (scheduled September 8–9) regarding retaliatory measures or blockchain integration plans.

2. Technical Breakdown (Bearish Impact)

Overview:
Price broke below the 78.6% Fibonacci retracement level ($17.11) and 30-day SMA ($17.96). RSI(14) at 45.76 shows weakening momentum.

What this means:
The breakdown triggered stop-losses and algorithmic selling. With MACD histogram turning negative (-0.48734), bearish pressure may persist until $16.07 (recent swing low).

Key level:
A sustained close above $17.11 could signal reversal potential.

3. Development Delays (Mixed Impact)

Overview:
BRICS Pay – a blockchain-based payment system central to the chain’s utility – remains in development limbo due to technical hurdles (CCN).

What this means:
While the long-term vision retains speculative interest, the lack of functional milestones (e.g., cross-border settlement volume) leaves price vulnerable to macro sentiment shifts.

Conclusion

BRICS Chain faces a triple threat: tariff-driven risk aversion, technical breakdowns, and delayed blockchain adoption. While oversold conditions could prompt short-term bounces, sustained recovery likely requires progress on BRICS Pay integration or de-escalation in U.S.-BRICS tensions.

Key watch: Can BRICS leaders present concrete blockchain milestones at their emergency summit this week?