Battle Infinity (IBAT) Price Forecast: December 30
The Battle Infinity (IBAT) market is facing an increase in buying pressure which signals a buying opportunity for the buy investors. The coin could continue to rally upside if all the current supports are suspended and the price breaks the $0.001650 resistance zone. The next price target could be $0.02000 upper high level.
Key Levels:
Resistance Levels: $0.002500, $0.002600, $0.002700
Support Levels: $0.001700, $0.001600, $0.001500
IBAT (USD) Long-term Trend: Bullish (1H)
The IBATUSD pair is in a strong bullish trend in the long-term perspective. The price bar can be seen trading above the moving averages, this confirms a bullish momentum.
After the completion of the bearish move at the $0.001591 support value, the long traders made a smooth ride up to the $0.001612 supply mark above the moving averages shortly after the commencement of the 1-hourly chart today.
Hence, staying above the moving averages makes it capable for the crypto to accelerate its rising to the upside and also enables the buy traders to dominate and control the market.
In addition to that, the price action might possibly continue in an uptrend as indicated by the price indicator which is in an upward direction. We can therefore expect the bullish correction rally to push the price of Battle Infinity up to a psychological level of $0.02000 supply trend line soon before we start seeing the negative move in its long-term outlook.
IBAT (USD) Short-term Trend: Bullish (15-Minute Chart)
The currency pair remains in a strong bullish market trend in its lower time frame. The price at the moment can be seen trading above the two EMAs. This means that the coin is in a bullish trend zone.
The bulls continue in the bullish wave and further increase the coin price to the $0.001612 high value above the supply trend levels; this however indicates the high bullish impact on the crypto resulting in an intraday gain for the coin buyers.
Furthermore, the bullish momentum might be triggered and the price of Battle Infinity may likely increase to a $0.02000 high value soon if the current support remains unmoved and the bulls should speed up their activities in the market in its short-term outlook.
Battle Infinity has huge potential for unusually massive returns. Buy IBAT here
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