Battle Infinity (IBAT) Heading towards $0.03000 Supply Level

Updated:

Battle Infinity (IBAT) Price Forecast: September 13
IBATUSD is facing a new correction to resume its upward rally. A possible breakout from this resistance will offer a higher footing for prices to bolster further price rallies. The $0.004023 breakout could push the prices higher to hit the $0.01000 supply level.

Key Levels:
Resistance Levels: $0.004400, $0.004500, $0.004600
Support Levels: $0.003900, $0.003800, $0.003700

IBAT (USD) Long-term Trend: Bullish (1H)
The momentum on the higher timeframe (1H) is bullish. So it seems likely that the bulls are about to take over and push us higher.
IBATUSD is facing a new correction to resume its upward rally. A possible breakout from this resistance will offer a higher footing for prices to bolster further price rallies.The price bars are seen above the EMA-9, this means that buyers are coming in gradually to dominate the market.

Market price reversal at level $0.004023 indicates that IBATUSD investors are active and ready to move the price up to a significant level at the upside. Further, the rising prices reclaimed more confirmation for bullish recovery.

The bulls increase their pressure and move the market price of the crypto up to a $0.004036 high level as the 1-hourly chart opens today. This makes it possible for the coin to remain positive and good for a BUY position.

In addition, the daily stochastic indicates an upward trend, this means that the buy investors may likely continue with the bull run and the target might be the $0.03000 resistance level soon in its long-term outlook.

IBAT (USD) Short-term Trend: Bullish (15 Minute)
The Battle Infinity’s price is losing bearish momentum in its short-term outlook as it rises above the $0.004009 resistance level. The currency pair’s orientation trades in a general bullish flow.
IBATUSD is facing a new correction to resume its upward rally. A possible breakout from this resistance will offer a higher footing for prices to bolster further price rallies.If the price sustains above the $0.004350 supply level, we can expect a good upside move up to its previous swing high of $0.005500, and then we can buy there as well.

In a like manner, the momentum indicator which is pointing up also indicates that the price action of IBATUSD will remain on the upside and a $0.03000 high level might be the target in the days ahead 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.