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Battle Infinity (IBAT) Price Forecast: January 9
The Battle Infinity (IBAT) price is positive today and will rise massively as the coin market continues to be comparatively more bullish. A bullish breakout from the $0.001701 high mark could further bolster price recovery and push the crypto price to a $0.01000 upper high level.
Key Levels:
Resistance Levels: $0.02500, $0.002600, $0.002700
Support Levels: $0.001800, $0.001700, $0.001600
IBAT (USD) Long-term Trend: Bullish (1H)
An upward trend still dominates the IBATUSD pair in the long-term perspective. The price bars can be sighted above the resistance levels indicating a bullish trend.
Increase action by the bulls to the $0.001683 resistance value in the past few days has sustained the bullishness of the cryptocurrency.
Despite the inflows from the bears, the bulls successfully push the coin price up to the $0.001695 high level above the supply trend lines shortly after the commencement of the 1-hourly chart today. This shows the high bullish impact and commitment to crypto. Thus, a possible breakout from the patterns resistance trend line will provide a long entry opportunity for traders.
Furthermore, the IBATUSD price will rise massively as indicated by the daily signal which is in an upward direction. This means that further downward move is unlikely, so we can expect the bullish correction pattern to possibly reach the $0.01000 high level in the nearby days in its higher time frame.
IBAT (USD) Short-term Trend: Bullish (15-Minute)
As we can see the IBATUSD pair is having a bullish posture in the short-term outlook. After a few minutes of increased actions by the bulls has made the crypto sustained the upward trend.
The impulse move from the bulls pushes the coin price up to the $0.001691 supply level above the moving averages as the 15-minute chart opens today. This suggests an increase in the buying pressure and more commitment on the part of long traders in the market.
Thus, with sustained buying pressure, the Battle Infinity price will continue to rise and rechallenge the $0.001701 neckline resistance.
Hence, further upside is certain as shown by the price signal which is in an uptrend. As a result of this, the bullish price action may likely extend the coin price to the $0.01000 upper resistance trend line in the days ahead in its lower time perspective.
Battle Infinity has huge potential for unusually massive returns. Buy IBAT here
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