Battle Infinity (IBAT) Price Heading Towards the $0.002000 Supply Mark

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Battle Infinity (IBAT) Price Forecast: January 3
The Battle Infinity (IBAT) price is positive today and it is heading toward the $0.002000 supply mark. The coin may likely touch the resistance level of $0.001586 at the upper resistance soon. This can be achieved provided the bulls exert more force to their tension in the market and the bullish leg might be extended above the $0.002000 high level.

Key Levels:
Resistance Levels: $0.002700, $0.002600, $0.002500
Support Levels: $0.001700, $0.001600, $0.001500

IBAT (USD) Long-term Trend: Bullish (1H)
The IBATUSD price is moving in an uptrend in the long-term time frame, making higher highs and moving toward its major resistance. The price opened lower but managed to trade in green over the past few hours.
Battle Infinity (IBAT) Price Heading Towards the $0.002000 Supply MarkThe bulls pushed the price of IBATUSD up to the $0.001568 high level above the moving averages after which the short traders returns briefly and drop the price of the coin down to a $0.001549 low level as the 1-hourly session opens today.

The current price level now trades above the moving averages at the $0.001578 supply value as a strong confirmation of the bullish impact on the crypto. Thus, a possible breakout from the $0.001578 neckline will accelerate the buying momentum and push the prices higher above the resistance levels.

Additionally, the price of Battle Infinity is in an upward momentum on the daily signal, the buy traders are expected on the trend line to push the coin price further and this might head towards the $0.002000 supply trend levels in the days ahead in its higher time frame.

IBAT (USD) Short-term Trend: Bullish (15-Minute)
The currency pair can be seen in the ascending phase and the corrective movements are continuing as shown in the chart below. This means that the Battle Infinity price is in a bullish momentum in its lower time frame.
Battle Infinity (IBAT) Price Heading Towards the $0.002000 Supply MarkThe coin has been making higher highs and higher lows in the past few minutes which makes it capable of the price staying above the trend lines.

Despite a broader meltdown in the price of IBATUSD, the bulls managed to take control from the lows of $0.001539 level and made a corrective pullback in today’s session from the highs of $0.001579 value. If buyers should increase their buying pressure in the market, the price of Battle Infinity will definitely go up, and will be a reasonable time to buy soon.

Next, there is a possibility of an increase in the coin price as shown by the daily stochastic pointing in an upward direction. It means that the buying pressure has just begun and this might head towards the $0.002000 resistance levels 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.