Battle Infinity (IBAT) Price Forecast: January 20
The Battle Infinity price is set for the next upward rally after a long dip dump by the bears. In case buyers manage to break up the pattern’s resistance trend line at a $0.001895 high value, a possible relief rally may drive the coin market price to the $0.01000 resistance mark and beyond.
Key Levels:
Resistance Levels: $0.002500, $0.002600, $0.002700
Support Levels: $0.001800, $0.001700, $0.001600
IBAT (USD) Long-term Trend: Bullish (1H)
The IBATUSD price is bullish on the higher time frame. This is due to the high impact of the coin buyers.
The high order flow from the bulls at $0.001865 during yesterday’s session also added to this bullishness. However, the bulls are now set for the increase to the overhead resistance zone.
Today, the buy traders made a correction at a $0.001844 supply value which further increases to the $0.001849 high mark above the EMA-50 to resume its uptrend. This indicates an established bull trend.
Also, further jumps are likely; the market is pointing up at a level of 10% in the oversold region of the momentum indicator. It indicates that the Battle Infinity market is oversold. This will compel the buying pressure to resume fully and the new bullish pattern may hit the $0.01000 upper high mark in the coming days in its higher time frame.
IBAT (USD) Short-term Trend: Bullish (1H)
The coin price still trades in a bullish market in its short-term perspective. The bulls acted bravely during yesterday’s session by pushing the price of Battle Infinity up to a $0.001863 high value above the moving averages with a long bullish candle. This has sustained its upward strength in its recent high.
After a series of downward moves, the bulls’ successes fully resumed and pushed the price of IBATUSD to a high at $0.001839 trend line after the 15-minute chart opens today. Moreover, these new moves will actually strengthen the price recovery.
Hence, if the buy traders successfully keep the coin prices above the $0.002000 level, the target might be the $0.01000 supply level soon in its lower time frame.
Battle Infinity has huge potential for unusually massive returns. Buy IBAT here
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