Battle Infinity (IBAT) Potential for Bullish Rise
Login

Battle Infinity (IBAT) Potential for Bullish Rise

Estimated Reading Time: 2 minutes
Article Rating:
Based on 1 vote
Login to rate this article.

Azeez Mustapha

Updated:

Battle Infinity (IBAT) Price Forecast: August 24
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 $0.008562, then we can expect a good upside momentum up to $0.01000.

Key Levels:
Resistance Levels: $0.008686, $0.008786, $0.008886
Support Levels: $0.007078, $0.006078, $0.005078 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 $0.008562, then we can expect a good upside momentum up to $0.01000. IBAT (USD) Long-term Trend: Bearish (1H)

Battle Infinity portrays a bearish market trend in its long-term outlook. The price responded to the shift in the market structure and is currently below the moving averages.

Today, the price was able to pull back and is taking the $0.007256 resistance near the EMA-9. More upsides are possible if it breaches the moving averages.

More so, the crypto is trading in the oversold region, under the influence of this market level, the coin should rise steadily soon and break up the previous high at $008356 level to reach the $0.01000 resistance level soon as we watch the crypto market turns bullish in the long-term perspective.

IBAT (USD) Short-term Trend: Bullish (15 Minute) 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 $0.008562, then we can expect a good upside momentum up to $0.01000. The market value of IBATUSD on the lower time frame (15 minutes) at a $0.007325 supply level is seen slightly below the EMA-9. This creates an opportunity for the buy traders to buy the coin at a cheaper rate as the market turn bullish in the coming days.

Thus, Battle Infinity is pointing up in the oversold region of the momentum indicator, this indicates that the price of the crypto will still continue in an upward move, and in this case, the $0.01000 supply level may be the target in its lower time frame.

Battle Infinity has huge potential for unusually massive returns. Buy IBAT here

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$250 Min Deposit
9.8
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$50 Min Deposit
9
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9

Learn to Trade

Never Miss A Trade Again

step 1
Signal Notification

Real-time signal notifications whenever a signal is opened, closes or Updated

step 2
Get Alerts

Immediate alerts to your email and mobile phone.

step 3
Entry Price Levels

Entry price level for every signal Just choose one of our Top Brokers in the list above to get all this free.

Share with other traders!

telegram
Telegram
forex
Forex
crypto
Crypto
algo
Algo
news
News