Battle Infinity (IBAT) Price May Break Up the $0.002500 Resistance Level

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Battle Infinity (IBAT) Price Forecast: January 12
Battle Infinity (IBAT) price may break up the $0.002500 resistance level, the crypto now trades in the upper channel and encourage buyers to break the neckline resistance. An increase in the bulls’ pressure may break up the aforementioned supply mark and this may swing up the crypto price to $0.02000 and high levels and beyond.

Key Levels:
Resistance Levels: $0.002700, $0.002800, $0.002900
Support Levels: $0.001800, $0.001700, $0.001600

IBAT (USD) Long-term Trend: Bullish (1H)
Battle Infinity is in a positive move in its long-term time frame as can be seen from the chart below. A further bullish crossover above the two EMAs brings additional buying orders. The coin was able to reach a high of $0.001822 level in the previous action and has sustained the strength of the crypto.
Battle Infinity (IBAT) Price May Break Up the $0.002500 Resistance LevelEarlier today, the bulls’ action increases the price of IBATUSD up to the $0.001795 high mark above the moving averages even as the 1-hourly session opened today. Sellers overridden this pattern and dropped the coin price to a low at $0.001783 value above the supply trend levels.

This however indicates that the bulls remain dominant in the market and also shows the high impact of the buying power. Thus, a break above $0.001838 would intensify the buying pressure on the crypto.

The momentum indicator also signaled up indicating an uptrend. Should buyers increase their buying pressure and exchange hands with the bears at the $0.001783 support value, the coin price could turn positive to break up the $0.002500 resistance level which might possibly extend to the $0.02000 resistance value soon in its long-term scenario.

IBAT (USD) Short-term Trend: Bullish (15-Minute)
The IBATUSD price is going up in its lower time frame and will keep rising further. This is due to the high impact of the buy traders. The pair is currently trading in green above the supply levels and has confirmed its bullishness.
Battle Infinity (IBAT) Price May Break Up the $0.002500 Resistance LevelThe high impact from the long traders in the previous action has made the crypto maintain its upward momentum.

The price action at a $0.001779 supply level above the moving averages shortly after the opening of the 15-minute chart indicates a high buying level from the bulls.

The price of Battle Infinity indicates an uptrend while pointing upward in the stochastic oscillator. This suggests that the bullish pattern may continue and it might possibly break up the $0.002500 high value to hit the $0.02000 resistance mark 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.