Battle Infinity (IBAT) Price Is Bouncing up to Level $0.02000

Updated:

Checkmark

Invest at least $250 in D2T to gain lifetime access to our VIP Signals

Checkmark

Get early access to Dash 2 Trade’s Presale. Buy the D2T token now

Checkmark

Existing community of 70,000+ traders

Checkmark

Unlocks access to the leading crypto trading analysis, signals and trading tools

Checkmark

As featured in CryptoNews.com, FXEmpire.com, FXStreet.com and more

Checkmark

World class development team backed by Quant developers and VC investors


Battle Infinity (IBAT) Price Forecast: December 12
The IBATUSD pair holds a recovery opportunity with a bullish reversal pattern. If the bulls could increase their efforts in the market, a potential breakout from the immediate resistance of $0.002099 value will give additional confirmation for a bullish recovery. The coin price may bounce up to a level of $0.02000 and beyond.

Key Levels:
Resistance Levels: $0.004500, $0.004600, $0.004700
Support Levels: $0.002100, $0.002000, $0.001999

IBAT (USD) Long-term Trend: Bullish (1H Chart)
Battle Infinity portrays a bullish market trend in its long-term outlook. The price responded to a shift in the market structure and is currently above the moving averages. The bulls’ action at the $0.002079 supply value during yesterday’s session has sustained the strength of the coin.
Battle Infinity (IBAT) Price Is Bouncing up to Level $0.02000Despite the moves by the short traders, the coin price managed to trade at the $0.002087 resistance value above the two EMAs as the 1-hourly chart resumes today. This confirms the bulls’ dominance in the market. However, this breakup may possibly accelerate the bullish momentum and extend the ongoing correction to a higher level.

Next, the underlying sentiment suggests an uptrend continuation in the coming days as indicated by the daily stochastic. It is expected of buyers to push the price of IBATUSD further up to a significant level and in this case, the price may bounce up to the $0.02000 supply level in the higher time frame.

IBAT (USD) Short-term Trend: Bullish (15-Minutes Chart)
Analyzing the chart above, we can clearly see IBATUSD is in a bullish market zone. The price currently trades above the two EMAs. The coin holders made an increase to a high of $0.002077 value during the previous action and sustained it. This has made it capable for the crypto to rise further.
Battle Infinity (IBAT) Price Is Bouncing up to Level $0.02000Further, the price is gathering momentum and has decided to face the upsides to achieve more gains.

Just in, after a few minutes of opening the 15-minute chart, the bulls made a correction at the $0.002087 supply value above the moving averages to resume its uptrend. This will actually encourage the buy traders to invest in the crypto, as possible future gains are certain.

In addition, the price is in an upward direction on the daily stochastic. If the Battle Infinity price sustains above the current resistance level, the resulting rally may bounce up to surpass the $0.01000 level and hit the $0.02000 psychological level at the upside in the days ahead in the lower time frame.

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

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • Award-winning Cryptocurrency trading platform
  • 14 Cryptoassets available to invest in
  • FCA & Cysec regulated
$200 Min Deposit
9.8

Highly volatile unregulated investment products. No EU investor protection.

  • 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
$200 Min Deposit
9
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9
Share with other traders!

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.