Battle Infinity (IBAT) Price Forecast: November 9
IBATUSD is very likely to continue growing as we are seeing a bullish correction in place. Battle Infinity (IBAT) might head to the $0.02000 supply level. The coin gave a bullish breakout from the $0.003250 level, suggesting the buyers are making a recovery attempt. Thus, if the crypto’s price sustains above the $0.005000 high level, the potential rally could surge higher to hit the $0.02000 value 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 be trading in a new ascending channel.
The Battle Infinity price has increased to a $0.003312 high level above the two EMAs as a pullback from the buyers as the 1-hourly chart resumes today. This is 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 $0.02000.
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 $0.02000 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.
The bulls made a corrective rally up to a $0.003397 supply trend line above the moving averages shortly after the 15-minutes session opened 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 $0.02000 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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