Battle Infinity (IBAT) Potential for a Bullish Rise

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Battle Infinity (IBAT) Price Forecast: January 10
There is a possibility for the Battle Infinity price to keep rising. The pair is in the potential for a bullish rise. A further increase in the bulls’ action may trigger the coin price up and break out the previous high at the $0.001739 level, which may extend the price action to a $0.02000 resistance trend line and beyond.

Key Levels:
Resistance Levels: $0.002500, $0.002600, $0.002700
Support Levels: $0.001800, $0.001700, $0.001600

IBAT (USD) Long-term Trend: Bullish (1-H Chart)
From the chart above, we can be assured that the IBATUSD pair is in a bullish move in its long-term view. The sustained bullish pressure pushed the pair up to the $0.001702 resistance level during yesterday’s session and sustained it.
Battle Infinity (IBAT) Potential for a Bullish RiseAfter completing the bearish trend at the $0.001701 low value, the aggressive move by the bulls further pushed the cryptocurrency price up to a $0.001727 high level above the moving averages as the 1-hourly chart opens today. This is an indication that the buy investors are actually investing in the coin right now and this may continue.

In a like manner, the Battle Infinity market suggests an uptrend on the daily signal. Thus, should the bulls change their orientation and the buying pressure persists, the coin may possibly give a bullish breakout from the current supply to retest the $0.001739 high level which may eventually lead the crypto price to hit the $0.02000 upper resistance value in the coming days in its long-term perspective.

IBAT (USD) Long-term Trend: Bullish (15-Minute Chart)
The Battle Infinity market remains in a bullish trend in its short-term outlook. This is because the buy traders are seriously involved in the order flow. The bulls and the bears have been in interacting together in the previous action; meanwhile, the accumulation of the bullish action can be distinguished from the order flow.
Battle Infinity (IBAT) Potential for a Bullish RiseEarlier today, the buy traders made it up to a $0.001739 high level after which the bears interfered and dropped the coin price down to the $0.001701 support value, the brief returns by the long traders at the $0.001722 high value above the supply tend levels as the 15-minutes chart open today shows a power struggle at the overhead resistance trend line, resisting the start of another bear cycle.

Hence, if the bulls could exchange hands with the bears at the $0.001701 and stop further bearish pressure, the crypto price may likely experience another bullish rise which might possibly lead the coin price to the $0.02000 supply level in the nearby days in its lower time perspective.

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.