Battle Infinity (IBAT) Price on the Verge of a Bullish Crossover

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Battle Infinity (IBAT) Price Forecast: December 26
The Battle Infinity price is on the verge of a bullish crossover as the coin now approaches the oversold region. It is more likely for a price reversal to occur at the $0.001611 support value if the bulls could change their orientation and increase the buying process, the coin price may retrace to a higher resistance zone and this might hit the $0.02000 supply mark.

Key Levels:
Resistance Levels: $0.002500, $0.002600, $0.002700
Support Levels: $0.001700, $0.001600, $0.001500

IBAT (USD) Long-term Trend: Bearish (1H)
The market value of the IBATUSD pair can be seen in a bearish trend in its long-term outlook. This is due to interference from the sell traders. Further, the price bars can be seen below the supply trend lines.
Battle Infinity (IBAT) Price on the Verge of a Bullish CrossoverThe coin has been an interaction with the short traders in the previous action which resulted in the price drop and also made the coin trade below the resistance trend line.

Earlier today, the bulls also hindering the coin price from being smashed by the bears made a ride to the $0.001630 supply level after which the sellers dropped the price down to the $0.001611 support mark below the two EMAs. This is an opportunity for the buy traders to buy at a lower price for more gains in the future.

Meanwhile, there is a possibility of a bullish breakout as the Battle Infinity market is oversold already if the bulls should add more effort to their tension in the market. The next target could be the $0.02000 supply mark from a long-term perspective.

IBAT (USD) Short-term Trend: Bearish (15-Minutes)
IBATUSD pair is bearish in the short-term perspective. The price bars are below the moving averages, this means that the pair is in a bearish market zone.
Battle Infinity (IBAT) Price on the Verge of a Bullish CrossoverThe bulls made a correction at the $0.001615 high mark below the two EMAs as the 15-minute chart opens today. This indicates that the bulls are set for the new bullish cycle. However, there is likely to be a steady increase as the coin is set for a bullish pattern rally.

Additionally, if the bulls could push harder and the Battle Infinity price sustains above the $0.001689 resistance level, the resulting rally may surpass the $0.002216 level and hit the $0.02000 psychological level at the upside in the days ahead in the 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.