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Battle Infinity (IBAT) Price Forecast: December 15
The Battle Infinity (IBATUSD) price is posed to advance further to the upside. The crypto may break up the $0.002500 previous high mark soon if the buy traders put more effort into their trading activities, the supply level of $0.001931 may not hold and it may be exposed to another resistance level of $0.02000.
Key Levels:
Resistance Levels: $0.004500, $0.004600, $0.004700
Support Levels: $0.002000, $0.001999, $0.001899
IBAT (USD) Long-term Trend: Bullish (1H Chart)
Battle infinity is trading in a bullish market zone. The market price can be seen clearly above the EMA-9 approaching the EMA-50. It indicates that the price is in a bullish trend.
The coin was able to reach the high of $0.002036 supply value in the previous action which has made it possible for the price to remain strong.
Earlier today, despite the moves by the sell traders, the bulls successfully increase the coin price up to the $0.001931 high mark above the EMA-9 even as the 1-hourly session opens today. 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 upwards, this will accelerate the emergence of the bulls to move the IBATUSD price up, as a result of this, the bullish correction phase might possibly extend to a new high of $0.02000 overhead resistance mark in the coming days as we watch the market turns bullish soon in the higher time frame.
IBAT (USD) Short-term Trend: Bullish (15- Minutes Chart)
From the short-term perspective, the bears are losing momentum, as the price of IBATUSD rises above the supply trend lines. The currency pair’s orientation trades in a general bullish flow. The coin has been making higher highs and higher lows in the previous action.
The market was propelled higher by the bulls until it reached a new high of $0.001952 high level above the moving averages at the time of writing this article. This suggests that the bulls are more relevant in the market at the moment.
Further upsides are likely as indicated by the daily signal which is pointing upwards, this may possibly push the coin price to break up the $0.002500 supply level and further reach a $0.02000 high trend line in the nearby days in its lower time frame.
Battle Infinity has huge potential for unusually massive returns. Buy IBAT here
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