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Battle Infinity (IBAT) Price Forecast: August 29
IBATUSD price is presently on the positive side and with the look of things, the price may possibly go higher to retest the $0.006982 previous high provided the bullish rally received a strong push; the price of the coin may reach the $0.007500 supply level soon.
Key Levels:
Resistance Levels: $0.007000, $0.007500, $0.007600
Support Levels: $0.003336, $0.003236, $0.003136
IBAT (USD) Long-term Trend: Bullish (1H)
Battle Infinity turns positive today in its long-term outlook. The price opened lower but I managed to trade in green over the past few hours.
The price finds reliable resistance at around $0.004449 above the moving averages as 1-hourly chat opens today resulting in intraday gains.
Now, if the price on the 1-hourly chart closes above $0.005500, then there is a high probability of the price going up to its recent swing high, which is $0.006982. Thu, buyers can buy or place their orders at the key areas now to improve the price action of the coin.
The market price of IBATUSD pointing upwards indicates that the price may likely remain and continue in the same trend and in this case an uptrend in the days ahead in its long-term outlook.
IBAT (USD) Short-term Trend: Bullish (15 Minute)
The momentum on the lower timeframe (15-minute) is undeniably bullish. The prices are above the moving averages and have confirmed a bullish momentum breaking the previous high.
As an outcome of high bullish momentum, the price action of IBATUSD rises up from $0.004442 to a $0.004475 high level above the moving averages on the lower time frame. This current supply level will enable the coin to increase to the upside further.
Also, continuation to the north is likely as shown by the stochastic indicator pointing upwards. So we can expect the buy traders to hit the $0.007000 resistance level as the journey up north continues in its short-term outlook.
Battle Infinity has huge potential for unusually massive returns. Buy IBAT here
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