Battle Infinity (IBAT) Price to Pump Ahead


Battle Infinity (IBAT) Price Forecast: August 26
IBAT/USD price looks really nice for the bulls at the present. Thus, there is more likely for a rise in the price of the coin to test the resistance level of $007813, should the buy traders put more effort into their trading activities, the supply level of $0.007959 may not hold and it may be exposed to another resistance level of $0.008562.

Key Levels:
Resistance Levels: $0.007800, $0.007900, $0.008000
Support Levels: $0.004900, $0.004800, $0.004700

IBAT (USD) Long-term Trend: Bullish (1H)
Battle Infinity is trading in a bullish market zone. The market price can be seen clearly above the EMA-9 approaching the EMA-50. It indicates that the price is in a bullish market arena.Battle Infinity (IBAT) Price to Pump AheadToday, the buy traders push the price of IBATUSD up to a key level of $0.005549 in the resistance area above the EMA-9, an indication of an uptrend.

The spectacular rise in the price attracted the buyers and initiates a distribution above the supply zone.

Hence, the emergence of more buyers is likely as indicated by the stochastic signal pointing up, this will accelerate the emergence of the bulls to move the price up to a significant level on the upside as we watch the market turns bullish soon in the higher time frame.

IBAT (USD) Short-term Trend: Bullish (15 Minute)
From a short-term perspective, the bears are losing momentum, as it rises above the moving averages. The currency pair’s orientation trades in a general bullish flow.Battle Infinity (IBAT) Price to Pump AheadThe market was propelled higher by the bulls until it reached a new high of $0.005602 level above the moving averages at the time of writing this article.

Further upsides are certain as indicated by the price indicator pointing upwards, meaning that a further rise in the market value of the coin is certain in the lower time frame.

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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.