Battle Infinity (IBAT) Price Forecast: January 25
IBATUSD‘s price is currently running a bullish race and remains stable at the moment. The price might head to the $0.02000 high mark as the crypto is facing high pressure from the bulls. Thus, a sharp breakout and closure above the current correction phase at the $0.001641 high value will invalidate any bearish thesis and the price might hit the high at the $0.02000 resistance level and beyond.
Key Levels:
Resistance Levels: $0.005500, $0.006000, $0.006500
Support Levels: $0.003326, $0.003226, $0.003126
IBAT (USD) Long-term Trend: Bullish (1H)
Battle Infinity remains in a bullish trend in its long-term outlook. The bulls are really trying not to fall this time around. Further, the coin prices are traded above the EMA-9, this confirms a bullish trend.
The coin price found resistance at the $0.001709 value above the moving averages after a series of dip lows in the previous action; this has made it capable for the coin to remain in a bullish trend zone in its recent high.
The bulls made an increase to the $0.001641 supply value above the EMA-9 shortly after the 1-hourly chart opened today. This indicates that the buy investors are actually dealing in the coin investment. Therefore, if the bulls could increase their tension in the market, the price tendency will move above the key levels.
The longer the price stays above the mentioned supply level, the more pressure builds up to reach a critical significant level at the upside.
Next, the IBATUSD price is also pointing upwards, this suggests that the coin price may likely continue in an upward direction and head toward the $0.02000 supply trend line in the days ahead in its higher time frame.
IBAT (USD) Short-term Trend: Bullish (15-Minute)
Upward pressure still dominates the IBATUSD pair in the lower time frame. The coin price now strongly trades above the moving averages with huge volumes from the bulls. Thus, the current market structure has favored the bulls.
On the 15-minute chart today, there is a broader recovery in the prices. The cryptocurrency jumped up to a $0.001641 supply level above the moving averages as the bulls took to their stand in the market.
This bullish correction, however, indicates a gradual improvement in market sentiment and leads to more intraday gains in assets to higher prices.
In addition, more upsides are still coming as shown by the stochastic oscillator pointing upwards to indicate an uptrend. With the look of things, the bullish rally may therefore head towards the $0.001641 high value in no long time on the lower time frame.
Battle Infinity has huge potential for unusually massive returns. Buy IBAT here
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