Battle Infinity (IBAT) Price Forecast: January 2
The Battle Infinity (IBAT) price’s next jump could reach the $0.01000 supply mark as the coin is on its way to the overhead resistance zone. This will be attained, if there is an interruption by buyers, the bullish correction pattern may increase the coin price to retest the $0.008257 previous high which might possibly hit the $0.01000 supply trend line.
Key Levels:
Resistance Levels: $0.002500, $0.002600, $0.002700
Support Levels: $0.001700, $0.001600, $0.001500
IBAT (USD) Long-term Trend: Bullish (1H)
The IBATUSD pair is having a bullish posture in its long-term outlook as can be seen from the chart below. It also shows the impeding next big move in the price. The recent market structure has favored the bulls. 
After testing the low at the $0.001545 value, the bulls caused a rise to the $0.001561 high level above the EMA-9 as the 1-hourly chart opens today. This indicates that the traders are actively buying at this level.
Further, there is likely to be a further breakout attempt as the price of Battle Infinity is pointing in an upward trend. If the bulls could change their orientation and push harder, the next bullish race may possibly extend to the $0.01000 resistance trend line in the coming days in its higher time frame.
IBAT (USD) Short-term Trend: Bullish (15-Minute)
The IBATUSD pair remains in the bullish market zone in its medium-term view. The price staying above the moving averages confirms its bullishness and the high impact of the bulls. 
The impulse move from the buy traders pushed the coin price up to a $0.001563 high level above the moving averages shortly after the 15-minutes session opened today. This is an indication that the coin is actually traded by the buy traders, resulting in an intraday gain for the buy investors.
Hence, the pair is pointing up on the daily stochastic, this means that the bullish trend may likely continue and the $0.01000 high value might be the target in its lower time frame.
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