Battle Infinity (IBAT) Potential for Bullish Continuation

Azeez Mustapha


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Battle Infinity (IBAT) Price Forecast: September 16
IBATUSD is now trading above the EMA-50. The coin gave a bullish breakout from $0.003868, suggesting the buyers are making a recovery attempt. Thus, if the crypto’s price sustains above the $0.004262 high level, the potential rally could surge higher to hit $0.4000 and beyond.

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 price is uptrend as it hovers above the EMA -9. This means that the bulls are not relenting and also trying to make a recovery to dominate the market soon.
IBATUSD is now trading above the EMA-50. The coin gave a bullish breakout from $0.003868, suggesting the buyers are making a recovery attemptThe coin price has walked a lateral path, trying to sustain above the $0.003551 support level indicating the price action has turned positive.

The buyers rallied to a $0.004232 high level after which the sellers returned the price to a low at a $0.003501 level. Exhaustion sets in as the bears lose the momentum, the buyers returned briefly and caused a shift in the trend up to a $0.003592 high level. This shows that Battle Infinity’s buyers are actively buying at this level.

If the buyers defend the $0.003592 supply level, the bullish pattern will remain intact, and there is a possibility for the IBATUSD price to rise further.

Next, the momentum indicator is also pointing upwards, this suggests an uptrend. It, therefore, means that the bulls are expected to continue with the bullish race and in this case, the coin price might reach the $0.4000 supply level soon in its long-term view.

IBAT (USD) Short-term Trend: Bullish (15 Minute)
The market value of IBATUSD on the lower time frame (15 minutes) at a $0.003591 supply level is seen above the moving averages.IBATUSD is now trading above the EMA-50. The coin gave a bullish breakout from $0.003868, suggesting the buyers are making a recovery attemptThis means that the momentum in the price of crypto is in an uptrend. The buy traders are doing good at the present and are ready to take us higher.

Therefore, if the buying pressure persists, Battle Infinity’s price could plunge to $0.008000 and attempt to break above it. Doing so will extend the ongoing upward trend to a high at $0.4000 level in the days ahead 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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