Battle Infinity (IBAT) Price Forecast: December 28
The Battle Infinity price (IBAT) claims another bullish momentum as the crypto is currently running a bullish race and facing high pressure from the bulls. Conversely, if the coin prices sustain above the $0.001663 high value, the bulls’ trend would continue upward and possibly hit the $0.01000 upper high level and above.
Key Levels:
Resistance Levels: $0.002300, $0.002400, $0.002500
Support Levels: $0.001700, $0.001600, $0.001500
IBAT (USD) Long-term Trend: Bullish (1H Chart)
Despite the inflows from the sell traders, upward pressure still dominates the IBATUSD market in its higher time frame. It is very likely that the upward trend will continue.
After completing the downward movement at the $0.001586 support level, the coin price spikes up to the $0.001598 high level above the EMA-9 as the 1-hourly session begins today; this however indicates an uptrend in the context of the strength of the market.
A bullish breakout from the current resistance will trigger the reversal pattern and drive the prices of Battle Infinity higher above the $0.001663 previous supply value.
Further, the daily stochastic is in an upward direction, which means that additional buying pressure is likely, in this case, the coin price may possibly reach the $0.01000 psychological resistance to obtain a better possibility for price recovery in its long-term perspective
IBAT (USD) Short-term Trend: Bullish (15-Minutes Chart)
On the 15-minute chart, prices are above the moving averages and have confirmed a bullish momentum is breaking the previous high.
The IBATUSD pair is in a smooth uptrend as can be seen from the chart below.
The crypto is losing bearish momentum as it rises up to a $0.001602 high level above the moving averages as the 15-minutes chart begins today. This is due to a high bullish impact on the market price.
Hence, if buyers should increase their momentum and close the 15-minute chart above the $0.001800 resistance mark, the potential bullish rally could hit the $0.01000 supply value in the days ahead in its short-term perspective.
Battle Infinity has huge potential for unusually massive returns. Buy IBAT here
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