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Battle Infinity (IBAT) Price Forecast: September 28
IBATUSD price is currently running a bullish race as the crypto is facing high pressure from the bulls. Conversely, if the coin prices sustain above the level of $0.005000, the bulls’ trend would continue upward and possibly hit the $0.04000 upper high level.
Key Levels:
Resistance Levels: $0.005000, $0.005100, $0.005200
Support Levels: $0.002900, $0.002800, $0.002700
IBAT (USD) Long-term Trend: Bullish (1H)
Despite the inflows from the sellers, upward pressure still dominates the higher time frame. It is very likely that the upward trend will resume after a potential upcoming dip.
The bulls however made an increase to a $0.003265 high value earlier today after which the sellers intervened and smashed the price of IBATUSD down to a low at $0.003006 level below the EMA-50 but above the EMA-9. With this current trend, buyers can pick up the price at a cheaper rate and move the market further up.
Therefore, if the bulls increase their tension in the market, the price tendency will move above the key levels.
A bullish breakout from the current resistance will trigger the reversal pattern and drive the prices of Battle Infinity higher to hit the $0.003500 supply value.
Anyhow, the coin price should reclaim the $0.04000 psychological resistance to obtain a better possibility for price recovery in its higher time frame.
IBAT (USD) Short-term Trend: Bullish (15 Minute)
On the 15-minute chart, prices are above the moving averages and have confirmed a bullish momentum breaking the previous high. The pair is in a smooth uptrend as can be seen from the chart below.
IBATUSD is losing bearish momentum as it rises to a $0.003140 high level above the moving averages as the 15-minutes chart begins today. This is due to a high bullish impact on the market price.
Hence, Battle Infinity is showing more upside possibilities as shown by the momentum indicator pointing up in the oversold region of the market; we can certainly expect more gains and strength from the coin. The pair may likely reach the $0.04000 resistance level in the days ahead in its lower time frame.
Battle Infinity has huge potential for unusually massive returns. Buy IBAT here
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