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Battle Infinity (IBAT) Price Forecast: October 1
IBATUSD is now facing the positive side while making new corrections. The price tested the multiple resistance zones near $0.003380 and we expect a swift increase to follow soon. The coin might jump towards the $0.3000 supply level amid renewed buying momentum if the sell traders reduce their tension in the market.
Key Levels:
Resistance Levels: $0.004500, $0.004600, $0.004700
Support Levels: $0.003100, $0.003000, $0.002900
IBAT (USD) Long-term Trend: Bullish (1H)
IBATUSD indicates an upward trend with a bullish sentiment in its long-term outlook. The coin is now trading above the two EMAs. However, the market is presently facing resistance at the recent high at the $0.003389 mark.
The bull race caused a rise in the price of Battle Infinity from the $0.003285 level to a $0.003389 high value above the moving averages. This, however, will create a strong area of interest for the buy investors.
More so, this sharp dive in the crypto’s price accentuates that the excess buying pressure has stabilized, and the price could rise further again if the market sentiment doesn’t witness any unfavorable situation. With this new phase, the price may likely reach a $0.0300 high level soon in its higher time frame.
IBAT (USD) Short-term Trend: Bullish (15 Minute)
Despite the interference from the sell traders on the lower time frame, the currency pair is in an upward move. The bulls are having the market price at their disposal at the present as the price bars are seen above the moving averages.
The market price of IBATUSD which increased to a $0.003389 high level suggests an improved bullish market sentiment. Thus, closing the 15-minute session above the $0.004500 will put the trade more on the buy side.
Next, if additional selling power is prevented, a post-retest rally may drive the prices high to hit the $0.0300 resistance soon in its lower time frame.
Battle Infinity has huge potential for unusually massive returns. Buy IBAT here
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