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Battle Infinity (IBAT) Price Forecast: October 14
The IBATUSD price looks really nice for the bulls at the present. Thus, there is more likely for a rise in the price of the coin to test the resistance level of $004500, should the buy traders put more effort into their trading activities, the supply level of $0.007959 may not hold and it may be exposed to another resistance level of $0.1000.
Key Levels:
Resistance Levels: $0.005500, $0.005700, $0.0058000
Support Levels: $0.003200, $0.003100, $0.003000
IBAT (USD) Long-term Trend: Bullish (1H)
Battle infinity is trading in a bullish market zone. The market price can be seen clearly above the two EMAs approaching the upper resistance area. It indicates that the coin price is at the disposal of the buy investors at present and a buy signal.
Today, the buy traders push the price of IBATUSD from a high at $0.003121 to the $0.003131 resistance value above the moving averages, this shows the high impact of the long investors on the crypto market and an indication of an uptrend.
The spectacular rise in the price attracted buyers and initiates a distribution above the supply zone.
Hence, the emergence of more buyers is likely as indicated by the stochastic signal pointing up, this will accelerate the bullish pattern and push up the coin price to a significant level at $0.1000 on the upside as we watch the market turns bullish soon in the higher time frame.
IBAT (USD) Short-term Trend: Bullish (15 Minutes)
From a short-term perspective, the bears are losing momentum, as it rises above the moving averages. The currency pair’s orientation trades in a general bullish flow.
The market was propelled higher by the bulls until it reached a new high at the $0.003110 level above the moving averages at the time of writing this article.
Further upsides are certain as indicated by the price indicator pointing upwards, meaning that a further rise in the market value of the coin is certain in the lower time frame and the target might be the $0.1000 supply mark.
Battle Infinity has huge potential for unusually massive returns. Buy IBAT here
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