Battle Infinity (IBAT) Price Forecast: October 19
IBATUSD is in an upward rally approaching the upper resistance zone and bringing more gains to the coin investors. The coin gave a potential buy signal suggesting the buyers are making a recovery attempt. Thus, if the crypto’s price sustains and closes above the $0.005500 high level, the potential rally could surge higher to hit $0.02000 and beyond.
Key Levels:
Resistance Levels: $0.005500, $0.005600, $0.005700
Support Levels: $0.003700, $0.003600, $0.003500
IBAT (USD) Long-term Trend: Bullish (1H)
Battle Infinity price is moving in an uptrend in the H1 timeframe despite the moves from the short traders. The coin price is making higher highs and moving toward its significant resistance.
Hence, the inflows from the sellers dropped the price briefly to a low of $0.003710 value; the bears lost momentum while the long traders returned again and put the cost of IBATUSD up at a $0.003776 high mark. This shows that the bulls are back into the market to stage a play and a clear buy signal for the buy traders.
More so, the stochastic that signals upward means that the positive movement will remain and continue. We can now expect the bullish race to hit $0.02000 as the buyers stay to have more gains and strength as days go by in the long-term outlook.
IBAT (USD) Short-term Trend: Bullish (15 Minutes)
The market price of IBATUSD remains in an upward trend in its short-term outlook. The bulls have decided to push the price higher by staying above the moving averages.
The price action at a $0.003761 supply mark above the moving averages shortly after the opening of the 15-minute chart indicates a high buying level from the bulls, even though the short traders are involved.
A bullish breakout from the aforementioned resistance will unleash the trapped momentum and signal a breakout entry opportunity for interested traders. Thus, an uptrend continuation to the overhead resistance of $0.02000 is possible in its lower time frame.
Battle Infinity has huge potential for unusually massive returns. Buy IBAT here
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