Battle Infinity (IBAT) Price Forecast: December 14
The IBATUSD price is rising again. The pair at the moment is trying hard not to fall by resisting sellers, in case the bulls’ pressure breaks up the resistance level of $0.002094, the coin price may increase to a $0.002500 high level and beyond.
Key Levels:
Resistance Levels: $0.003500, $0.003600, $0.003700
Support Levels: $0.002150, $0.002050, $0.001950
IBAT (USD) Long-term Trend: Bearish (1H Chart)
The Battle Infinity price is in a bearish movement at present. This is due to the order flow from the short traders. The coin price is currently trading slightly below the moving average lines. The bulls caused an increase to the $0.002094 supply value during yesterday’s session and sustained it.
Earlier today, after making a smooth ride up to a $0.002055 high mark, interaction from sellers drove the coin price down to a low of $0.001950 value below the moving averages. Commitment from the bulls now retraced the price of IBATUSD from the mentioned support to a $0.001972 high mark.
Meanwhile, the current price shows a power struggle at the overhead resistance trend line, resisting the start of another bear cycle. Thus, should the bulls change their orientation and the buying pressure persists, the coin will possibly give a bullish breakout of the bearish pattern to retest the $0.002500 supply level, this may eventually lead the Battle Infinity price to the $0.02000 high mark in the coming days in its long-term perspective.
IBAT (USD) Short-term Trend: Bullish (15-Minutes Chart)
IBATUSD rebounded after its downside moves. The coin is now finding its way to the overhead resistance level in its lower time frame. The market shows that the price may currently be trading in a new ascending channel.
The bulls have sustained the crypto market at the $0.002055 supply value in the previous action, this has made it possible for the coin to stay above the trend line and remain stronger.
Additionally, the coin market will rise further as shown by the price indicator which is pointing upwards, if the buy traders should increase their price actions, and bullish momentum is sustained above the $0.002500 high mark, the Battle Infinity price may likely pump up to a significant level at a $0.02000 resistance mark and beyond in its lower time frame. This signals a BUY trade again in its lower time frame.
Battle Infinity has huge potential for unusually massive returns. Buy IBAT here
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