Battle Infinity (IBAT) Might Head to $0.05000 Supply Level

Updated:

Battle Infinity (IBAT) Price Forecast: September 8
IBATUSD is very likely to continue growing as we are seeing a bullish correction in place. The coin gave a bullish breakout from the $0.004299 level, suggesting the buyers are making a recovery attempt. Thus, if the crypto’s price sustains above the $0.005200 high level, the potential rally could surge higher to hit $0.05000 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: Bullish (1H)
IBATUSD rebounded after its massive drops. The coin is now in the bullish market trend. The market shows that the price may now be trading in a new ascending channel.
IBATUSD is very likely to continue growing as we are seeing a bullish correction in place.The Battle Infinity price has moved up to a $0.004341 high level above the EMA-9 as a pullback from the buyers as the 1-hourly chart resumes today. This is as a result of more concerns from the buy investors.

Therefore should the bulls increase their swagger in the market, the price is poised to pump up above the key resistance levels around the $0.05000.

Also, the momentum indicator which is pointing up indicates that the price of IBATUSD is in an uptrend and may possibly remain in that direction to hit the $0.05000 supply level and beyond soon in the higher time frame.

IBAT (USD) Short-term Trend: Bullish (15 Minute)
The market price of IBATUSD is currently trading in the bullish market zone. This is due to the gradual returns from the buy traders.
IBATUSD is very likely to continue growing as we are seeing a bullish correction in place.The bulls made a corrective rally up to a $0.004377 high level above the moving averages shortly after the 15-minutes session opens today. This will enable the buyers to influence the price tendency.

Further, the IBATUSD price is pointing up indicating an uptrend as shown by the price indicator; it means that the buying pressure will continue. As a result of that, the bullish race might possibly reach the $0.05000 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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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.