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Battle Infinity (IBAT) Price Forecast: September 14
IBAT/USD price will most likely continue its bullish run and the price could still go higher if the price is able to break up the $0.004258, then we can expect a good upside momentum up to $0.01000.
Key Levels:
Resistance Levels: $0.004500, $0.004600, $0.004700
Support Levels: $0.003500, $0.003400, $0.003300
IBAT (USD) Long-term Trend: Bullish (1H)
The IBATUSD is trading in an uptrend. The chart shows how the price tried to break this price channel with a bearish break, now a false break. Price is trading above the EMA-9 and the coin is also approaching the retest of the previous high at $0.004072 level.
Battle Infinity on the 1-hourly chart is currently facing resistance near the $0.004000 level. The price seems to be taking a pause before breaking above the resistance line. Therefore, if the bulls increase their tension in the market, the price tendency will move above the key levels.
In addition, daily closing above the $0.005500 level could invalidate the bearish outlook and the price could rise up to $0.1000 and beyond in its long-term perspective.
IBAT (USD) Short-term Trend: Bullish (15 Minute)
The momentum on the short-term outlook is in an ascending channel as can be seen from the chart now.
The price of IBATUSD is currently trading at the resistance above the two EMAs. So it seems likely that the bulls are about to take over and push us higher.
Despite the interactions from the short traders, the bulls caused a rise to a $0.003921 high level after which the sell traders moved in briefly and dropped the price down to a $0.003880 low level as the 1-hourly chart opens today. Thus, the buyers need to add more pressure to their activities to move the market beyond the current price level.
However, the price of Battle Infinity may possibly rise further if the current support level at $0.003880 holds. The price action may head to $0.01000 supply level and beyond in its lower time frame.
Battle Infinity has huge potential for unusually massive returns. Buy IBAT here
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