Battle Infinity (IBAT) Price Suggests an Upcoming Rally to the $0.04000 High-Level

Azeez Mustapha

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Battle Infinity (IBAT) Price Forecast: November 12
IBATUSD price will move higher above the current resistance level at $0.002741, Battle Infinity (IBAT) price suggests an upcoming rally to the $0.04000 high-level. If buyers should triple their efforts to forecast a bullish increase in the market above the $0.003919 supply value, the $0.04000 upper high mark may be reached.

Key Levels:
Resistance Levels: $0.005000, $0.005100, $0.005200
Support Levels: $0.002700, $0.002600, $0.002500

IBAT (USD) Long-term Trend: Bullish (1H)
IBATUSD price seems to have pullback a little but the overall trend is still bullish in its long-term outlook.
Battle Infinity (IBAT) Price Suggest an Upcoming Rally to $0.04000 High-LevelThe market value of Battle Infinity at $0.002708 support value as the market opens today is seen above the moving averages. The momentum of the coin on the 1-hourly chart is undeniably bullish as can be seen from the chart. This will enable the price to rise further as the bulls are set to take the coin price further to the upside.

Hence, fresh entries by the buy traders toward the higher side are likely if the bulls could push strongly and close the 1-hourly chart above the $0.003919 high level.

The bulls could therefore aim at the psychological $0.04000 supply level in the upper resistance area in the days ahead in its long-term perspective.

IBAT (USD) Short-term Trend: Bullish (15 Minute)
The market price of IBATUSD is currently trading in the bullish market zone. This is due to the gradual returns from the buy traders.
Battle Infinity (IBAT) Price Suggest an Upcoming Rally to $0.04000 High-LevelThe bulls made a corrective rally up to a $0.002716 supply trend line above the moving averages shortly after the 15-minutes session opened today. This will enable the buyers to influence the price tendency.

Further, the IBATUSD price is pointing up indicating an uptrend as shown by the price indicator; it means that the buying pressure will continue. As a result of that, the bullish race might possibly reach the $0.04000 resistance level in the coming days in its short-term outlook.

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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.

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