Battle Infinity (IBAT) Price Forecast: January 23
The IBATUSD price will keep rising and the target might possibly be the the$0.02000 high value. The market conditions are right for the move up. The crypto may have strong momentum upward to test the supply zone before another drop. If the price closes above the $0.001900 supply level, the next price target could be the $0.02000high value.
Key Levels:
Resistance Levels: $0.002500, $0.002600, $0.002700
Support Levels: $0.001800, $0.001700, $0.001600
IBAT (USD) Long-term Trend: Bullish (1H Chart)
The Battle Infinity price is in a bullish market in its long-term outlook. Further, the coin is trading above the moving averages making higher highs and moving toward the upper resistance area. Therefore it is sensible to go long!
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The momentum continues today after a series of dip-lows by the sell traders, the bulls made a corrective move to a high at the $0.001747 mark above the supply trend levels as the 1-hourly chart opens today. This shows the high impact of the buy investors on the Battle Infinity market; likewise, the downside risk remained uncertain.
Hence, with the stochastic signal pointing upwards, if the buy traders successfully keep the coin prices above the $0.001900 supply level, a retest of the previous high at the $0.002500 level is possible which might further lead to the target of $0.02000 high value in the coming days in its long-term outlook.
IBAT (USD) Short-term Trend: Bullish (15-Minute Chart)
Despite the interference of short-term traders in the price flow, the Battle Infinity market on the lower time frame market shows a bullish race. .02000 High Value" width="653" height="804" data-lazy-src="https://learn2.trade/wp-content/uploads/2023/01/IBAT-MDT-3.png"/>
The interaction from the sell investors dropped the coin price down to a low of $0.001750 level during yesterday’s session; this was overridden by the bulls as the price swung up to the resistance zone afterward.
Today, the bulls made an upward move to the $0.001746 high value above the resistance levels as the 15-minutes chart opens. The IBATUSD price looks promising as the bulls remain dominant in the market at the moment. If the bulls should increase their price action, and bullish momentum is sustained far above the resistance trend lines, further bearish sentiment will be hibernated.
Additionally, the coin price will keep rising as the daily stochastic remain in an upward direction. Hence, if the coin buyers manage to break above the $0.001900 previous supply trend line, the market participants may witness a new recovery rally and the target might be the $0.02000 high mark in the days ahead in its lower time frame. This signals a BUY trade again in its lower time frame.
Battle Infinity has huge potential for unusually massive returns. Buy IBAT here
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