Battle Infinity (IBAT) Goes Bullish Again

Azeez Mustapha

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Battle Infinity (IBAT) Price Forecast: November 2
IBATUSD is facing an increase in the buying pressure and it could continue to rally upside if all the current supports hold and the price breaks above the previous high at $0.003284 value. The next price target could be $0.2000 upper high level.

Key Levels:
Resistance Levels: $0.005200, $0.005300, $0.005400
Support Levels: $0.003200, $0.003100, $0.003000

IBAT (USD) Long-term Trend: Bullish (1H)
Battle Infinity is in a strong bullish trend in the long-term perspective. The price bars can be seen trading above the moving averages, this confirms a bullish momentum.
IBATUSD is facing an increase in the buying pressure and it could continue to rally upside if all the current supports holdThe buy investors made an upward correction move to the $0.003287 resistance level above the two EMAs shortly after the 1-hourly session opened today resulting in an intraday gain. This bullish breakout could assist buyers to maintain the ongoing recovery longer to rise further.

Further, the price of IBATUSD might possibly continue in an uptrend as the price indicator signaled an upward momentum; we can now expect the bullish rally to reach a psychological value at the $0.2000 supply mark soon before we start seeing the negative move in its long-term outlook.

IBAT (USD) Short-term Trend: Bullish (15-Minutes)
The currency pair remains in a strong bullish market trend in its lower time frame. The market value at $0.003207 high level can be seen above the moving averages which makes it capable for the coin to remain stronger.
IBATUSD is facing an increase in the buying pressure and it could continue to rally upside if all the current supports holdFurthermore, the bullish momentum might be triggered and the price may likely increase to a $0.2000 high value soon if the current support remains unmoved and the bulls should speed up their activities in the market in its medium-term outlook.

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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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