Battle Infinity (IBAT) Price Forecast: December 19
The Battle Infinity (IBAT) price at the moment is currently recovering and also maintains its bullish race. The crypto is showing positive signs above the $0.001640 supply value. If the coin holders could prove stronger and the price shows sustainability above the $0.001964 previous high value, its, upside moves could extend further to reach a $0.01000 high level and beyond.
Key Levels:
Resistance Levels: $0.002500, $0.002600, $0.002700
Support Levels: $0.001600, $0.001500, $0.001400
IBAT (USD) Long-term Trend: Bullish (1H Chart)
The IBATUSD pair portrays a bullish sentiment in its long-term perspective. Buyers are confident about gaining higher levels and this confirms their high impact in the market at the present.
The buy investors actually made a jump to the $0.001845 supply value above the EMA-9 during the previous action and sustained it; this really enabled the crypto to remain strong above the trend line.
The momentum continues today after a series of dip-lows by the sell traders, the bulls made a corrective move to a high at the $0.001644 mark above the EMA-9 as the 1-hourly chart opens today. This shows the high impact of the buy investors on the Battle Infinity market; likewise, the downside risk remained uncertain.
Hence, fresh entries by the buy investors toward the higher side are likely as indicated by the momentum indicator pointing in an upward direction, the bulls could therefore aim at the psychological level of $0.01000 resistance value in the days ahead as the crypto maintains its bullish race in its long-term perspective.
IBAT (USD) Short-term Trend: Bullish (15-Minutes Chart)
Despite the interference of short-term traders in the price flow, the Battle Infinity market on the lower time frame market shows a bullish race.
The coin price can now be seen progressing upward above the EMA-50. This shows that buyers are currently gaining more strength in the market.
The interaction from the sell investors dropped the coin price down to a low of $0.001584 during yesterday’s session; this was overridden by the bulls as the price swung up to the resistance zone afterward.
Today, the bulls made an upward move to the $0.001644 high value above the EMA-50 as the 15-minutes chart opens. The IBATUSD price looks promising as the bulls remain dominant in the market at the moment. If the bulls should increase their price action, and bullish momentum is sustained far above the resistance trend lines, further bearish sentiment will be hibernated.
Additionally, the daily stochastic remains in an upward direction. Hence, if the coin buyers manage to break above the $0.001699 previous supply trend line, the market participants may witness a new recovery rally and this may likely reach the $0.01000 high mark in the days ahead 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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