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Battle Infinity (IBAT) Price Forecast: November 4
IBATUSD is very likely to continue growing as we are seeing a bullish correction in place. The coin gave a bullish breakout from the $0.003077 level, suggesting the buyers are making a recovery attempt. Thus, if the crypto’s price sustains above the $0.004500 high value, the potential rally could surge higher to hit the $0.02000 supply trend line and beyond.
Key Levels:
Resistance Levels: $0.005500, $0.005600, $0.005700
Support Levels: $0.004026, $0.003926, $0.003826
IBAT (USD) Long-term Trend: Bearish (1H)
IBATUSD rebounded after its massive drops. The market shows that the price may now be trading in a new ascending channel.
The bulls made a bullish correction note at a $0.003077 high mark below the two EMAs as the 1-hourly chart resumes today. This is a result of more concerns from the buy investors.
Therefore should the buy traders increase their tension in the market, the price is poised to pump up above the key resistance at around $0.005000 value.
Also, the momentum indicator which is pointing up indicates that the price of Battle Infinity is in an uptrend and may possibly continue and remain in that direction to hit the $0.02000 supply level and beyond soon in the higher time frame.
IBAT (USD) Short-term Trend: Bullish (15 Minute)
The market price of IBAT)USD is currently trading in the bullish market zone. This is due to the gradual returns from the buy traders.
The bulls made a corrective rally up to a $0.003079 supply level above the EMA-9 shortly after the 15-minutes session opens today. This will enable the buyers to influence the price tendency.
Further, the Battle Infinity price is pointing up in the daily stochastic, indicating an uptrend. This indicates that the buying pressure will continue. As a result of that, the bullish race might possibly reach the $0.02000 resistance level in the coming days in its short-term outlook.
Battle Infinity has huge potential for unusually massive returns. Buy IBAT here
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