Battle Infinity (IBAT) Potential for a Bullish Continuation

Azeez Mustapha

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Battle Infinity (IBAT) Price Forecast: January 13
The Battle Infinity (IBAT) market is in an upward movement and has the potential for a bullish continuation. The nearest resistance of the crypto is between levels $0.001800 to $0.001811, whereas the most immediate resistance is found around the $0.001800 value. There is a higher probability of a price-breaking resistance zone if the buy traders can double their efforts.

Key Levels:
Resistance Levels: $0.002000, $0.002100, $0.002200
Support Levels: $0.001800, $0.001700, $0.001600

IBAT (USD) Long-term Trend: Bullish (1H)
IBATUSD indicates an upward trend with a bullish sentiment in its long-term perspective. The market is presently facing resistance and trading above the level of $0.001786 at the recent high.
Battle Infinity (IBAT) Potential for a Bullish ContinuationThe bulls’ involvement at the $0.001813 high value in the previous action has sustained the strength of the coin despite the bearish moves.

The bulls’ action increases the price of Battle Infinity up to the $0.001800 resistance level above the moving averages even as the 1-hourly session opens today. A break above $0.002500 would intensify the buying pressure on the crypto.

The momentum indicator also signaled up indicating an uptrend. Buyers are expected to continue with the trend and in this case, the price might possibly retest the $0.002500 resistance value soon in its long-term perspective.

IBAT (USD) Short-term Trend: Bullish (15-Minute)
On the short-term outlook, the IBATUSD pair is in a strong resistance zone. Firstly, the crypto has broken above the moving averages which indicates a possible rise of the pair. The pair is currently above level $0.001800.
Battle Infinity (IBAT) Potential for a Bullish ContinuationThe bulls’ pressure on the crypto at the $0.001811 supply value in the previous session has made it capable for the price to maintain its upward strength.

The market price is currently trading at the $0.001804 resistance level above the moving averages as the 15-minute session opens, this means that the bulls are in control of the market at the moment.

Hence, the uptrend is currently facing resistance at level $0.001900, therefore if additional selling power is prevented the price may likely hit the previous high of $0.002500 which may possibly be exposed to the $0.02000 high trend level soon in its lower time frame.

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.

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