Battle Infinity (IBAT) Price Is Increasing to the $0.02000 Supply Mark

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Battle Infinity (IBAT) Price Forecast: December 17
The Battle Infinity (IBAT) price is likely going to increase to the $0.02000 supply mark as the bulls are in a recovery attempt at the moment. In case the bulls should defend the selling pressure, an increase in the bulls’ momentum may break up the resistance level of $0.002036, increasing the coin price to the $0.02000 upper high trend line.

Key Levels:
Resistance Levels: $0.003500, $0.003600, $0.003700
Support Levels: $0.001800, $0.001700, $0.001600

IBAT (USD) Long-term Trend: Bearish (1H)
The IBATUSD pair is in a bearish market zone in its long-term outlook. This is due to the interference from the sell traders which is about to end soon. Meanwhile, the bulls made it up to the $0.001977 supply value in the previous action as the high of the day after which the short traders returned the coin price down to a low of $0.001920 value.
Battle Infinity (IBAT) Price Is Increasing to the $0.02000 Supply MarkEarlier today, after completing the downside moves, the long traders successfully pushed harder, and breakout the supply value at a $0.001825 green mark slightly below the two EMAs. This indicates that the buy traders are returning to stage a play in the market.

Similarly, the Battle Infinity price now indicates an uptrend in the oversold region; this suggests that the buying pressure has just begun. Thus, the forthcoming bullish rally may increase the crypto price to a high at the $0.02000 level and extend to the $0.03000 upper resistance trend line in the days ahead in its higher time frame.

IBAT (USD) Short-term Trend: Bullish (15 Minutes)
Despite the interference from the short traders, the IBATUSD market still maintains a bullish trend in its short-term outlook. The bulls could not stop investing in the coin, as the price can be seen above the EMA-9 with its wick touching the EMA-50.
Battle Infinity (IBAT) Price Is Increasing to the $0.02000 Supply Mark The buy traders successfully pushed the coin market to a high from the $0.001800 level to the $0.001825 resistance mark above the EMA-9; this means that the bulls are dictating the market conditions at the present. Thus, a turnaround for the crypto holders.

Meanwhile, the price of Battle Infinity may likely rise further as the bulls are seen clustered around the market, the next target could be the $0.02000 supply mark 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.