Battle Infinity (IBAT) Attempting the Next Big Bounce

Azeez Mustapha

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Battle Infinity (IBAT) Price Forecast: January 16
The Battle Infinity (IBAT) is now set for the next big bounce and a swift increase is expected to follow soon. Therefore, a bullish crossover above the $0.002000 high mark will encourage the buy investors for a longer correction and this might reach a high at the $0.1000 upper supply trend line.

Key Levels:
Resistance Levels: $0.002800, $0.002900, $0.003000
Support Levels: $0.001900, $0.001800, $0.001700

IBAT (USD) Long-term Trend: Bullish (1H)
The Battle Infinity market is bullish in the long-term outlook. We have also spotted a breakout and the start of a continuation to the upside. The cryptocurrency has completed its downward correction and is now set for upward momentum.
Battle Infinity (IBAT) Attempting the Next Big BounceThe successful breakout by the bulls to the $0.001886 supply value during yesterday’s session has made it possible for the coin to retain its bullish strength.

The crypto gave a bullish breakout from the range of support at the $0.001880 level to the $0.001888 supply level; suggesting buyers are making a recovery attempt as the 1-hourly chart opens today. Thus, we can grow in confidence that a potential buyer is coming near.

Also, IBATUSD is showing more upside possibilities as we can certainly expect more strength from the coin and this may likely get to a $0.1000 supply mark in the coming days in its long-term outlook.

IBAT (USD) Short-term Trend: Bullish (15-Minute Chart)
Despite the interference of short-term traders in the price flow, the 15-minute chart market of IBATUSD shows a bullish race. The coin buyers are making several attempts to bounce off the support to gain more strength.
Battle Infinity (IBAT) Attempting the Next Big BounceThe successful breakout by the bulls to the $0.001880 supply value during the previous session has made it possible for the coin market to retain its bullish strength in the recent time frame.

The market value of Battle Infinity rises significantly to the $0.001886 high mark can be seen above the EMA-9; moreover, with sustained buying pressure, the crypto price may rise another 80% before hitting the patterns overhead resistance trend line.

In addition to that, the Battle Infinity market is indicating an uptrend on the daily stochastic, this suggests the continuation of the bullish trend, and the next bullish ride may likely hit the $0.1000 resistance level soon as the bulls look for more gains in its short-term perspective.

Battle Infinity has huge potential for unusually massive returns. Buy IBAT here

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Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.

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