Battle Infinity (IBAT) Price Will Go Higher from Support

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Battle Infinity (IBAT) Price Forecast: November 8
IBATUSD might finish updating the dip-lows soon and start reversing to the upside while making new corrections. Battle Infinity (IBAT) price will go higher from support. If the current support at the $0.003202 level holds and the bulls should trigger their pricing activities in the market, the coin price may likely go higher above the resistance trend line and this might hit the $0.04000 upper supply mark.

Key Levels:
Resistance Levels: $0.004500, $0.004600, $0.004700
Support Levels: $0.003100, $0.003000, $0.002900

IBAT (USD) Long-term Trend: Bearish (1H)
IBATUSD indicates a downward trend with a bearish sentiment in its long-term outlook. This is a result of inflow from the bears; however, this trend will be corrected soon.
Battle Infinity (IBAT) Price Will Go Higher from SupportEarlier today, after making a smooth ride up to a $0.003347 high mark by the long traders, interaction from sellers drove the coin price down to a low at $0.003202 value below the moving averages. However, with this trend, traders may buy the coin at a low price and move the market higher.

Meanwhile, the current price at $0.003241 shows a power struggle at the overhead resistance trend line, resisting the start of another bear cycle.

Therefore, should the bulls change their orientation and increase their buying activities, the coin price will possibly go higher to retest the $0.003442 supply level, this may eventually lead the Battle Infinity price to the $0.04000 high mark in the coming days in its long-term perspective.

IBAT (USD) Short-term Trend: Bearish (15 Minute)
The IBATUSD pair is in a bearish market zone in its lower time frame, the price bar is below the moving averages.
Battle Infinity (IBAT) Price Will Go Higher from SupportThe bulls made an increase to the $0.003342 high level shortly after the opening of the 15-minutes chart. The momentum was lost as the interference from the short traders drove the crypto’s price down to a low of $0.003232 value. Hence, traders who buy during a bearish market trend will also make profits as well.

Next, the Battle Infinity market price is now at the oversold region of the daily stochastic, this means that the selling pressure will soon be knocked off, and buyers are expected to resume the bullish rally and push the coin price up, if this is achieved, the price might reach the $0.04000 resistance trend line sooner in its lower time frame.

Battle Infinity has huge potential for unusually massive returns. Buy IBAT here

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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.