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The Basic Attention Token has shown up again today as one of the best-performing coins in the market. The token’s price has grown by 5.12% as of the time of writing. The ongoing session has just breached a key technical level, suggesting that this market has the potential to grow further.
BAT Statistics
Current Price: $0.1686
Market Capitalization: $266.71M
Circulating Supply: 1.49B
Total Supply: 1.5B
CoinMarketCap Rank: 155
Key Price Levels
Resistance: $0.1750, $0.2000, $0.2250
Support: $0.1600, $0.1400, $0.1000
BAT Is Edging Higher
The ongoing session can be seen reaching higher for the second consecutive day. It suggests that upside momentum is strengthening, as reflected by the size of the corresponding price candle. In fact, the latest price candle has poked through the 9-day Exponential Moving Average (EMA) curve.
Simultaneously, the lines of the Stochastic Relative Strength Index (SRSI) indicator have delivered an upside crossover in the oversold region, and the ensuing lines are moving steadily upward. Current indications still align to suggest further price growth.
Basic Attention Token Eyes the $0.1800 Price Mark
On the 4-hour chart, the BAT market maintains a healthy stance above key technical levels. Price candles have been appearing above the 9-day EMA line since the previous session, and the current session has extended that trend, keeping the market headed upward.
The lines of the SRSI indicator continue to leap higher into the overbought region. The lead line of the indicator has reached the 87 mark, while the lagging line stands at 74. Therefore, this market still shows upside potential and may soon hit the $0.1800 price level.
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