Battle Infinity (IBAT) Price Remains Strong above the $0.001660 Supply Mark

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Battle Infinity (IBAT) Price Forecast: January 6
The Battle Infinity (IBAT) price remains strong above the $0.001660 supply mark. There is a possibility for the coin to experience another bullish reversal price action and break up the $0.001686 high level if the buy traders should increase their tension in the market. The coin might likely hit the $0.01000 supply level.

Key Levels:
Resistance Levels: $0.002300, $0.002400, $0.002500
Support Levels: $0.001700, $0.001600, $0.0015500

IBAT (USD) Long-term Trend: Bullish (1H)
Upward pressure still dominates the IBATUSD pair in the higher time frame. The coin price is now strongly trading above the moving averages with huge volumes from the bulls. Thus, the recent market structure has favored the bulls.
The bulls made a smooth run to the $0.001686 resistance level; this was overridden by the bears to the $0.001668 support level above the supply trend levels as the 1-hourly session resumes today.

Trading above the moving averages however will give the bulls the tendency to influence the price movement in the market at the moment. So, if bulls should increase their price action, and bullish momentum is sustained, the cryptocurrency will continue its upside train and the $0.002500 high level may be reached soon.

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 reversal rally may therefore head towards $0.01000 in no long time in the long-term outlook.

IBAT (USD) Short-term Trend: Bullish (15-Minute)
Battle Infinity’s price remains also bullish on the short-term outlook. The bulls are really trying not to fall this time around. Further, the coin price is traded above the two EMAs, this confirms a bullish trend.
The coin market found resistance at the $0.001677 value above the moving averages after a series of dip lows in the previous action today.

The longer the price stays above the mentioned supply level, the more pressure builds up to reach a key significant level at the upside.

Next, the IBATUSD price is also pointing upwards on the daily signal, this suggests that the coin may likely continue and remain in an upward direction and the $ 0.01000 supply trend line might be the target in its lower time frame.

Battle Infinity has huge potential for unusually massive returns. Buy IBAT here