Battle Infinity (IBAT) Soaring Higher

Updated:

Battle Infinity (IBAT) Price Forecast: August 23
IBATUSD price will go higher and surpass the current price if the bullish pressure persists, the coin price might exceed the $0.008105 to hit the $0.008297 resistance level.

Key Levels:
Resistance Levels: $0.008560, $0.008660, $0.008760
Support Levels: $0.006580, $0.006480, $0.006380

IBAT(USD) Long-term Trend: Bullish (1H)
The momentum on the higher timeframe (1H) is undeniably bullish. So it seems likely that the bulls are about to take over and push us higher.IBATUSD price will go higher and surpass the current price if the bullish pressure persists, the coin price might exceed the $0.008105 to hit the $0.008297 resistance level.The bulls increase their pressure and the price of Battle Infinity increase accordingly to the resistance level at $0.008105 as the 1-hourly chart opens today.

Staying above the moving averages makes it capable for the crypto to accelerate its rising to the upside and also enables the buy traders to dominate the market.

Next, more upside is possible as shown by the price indicator pointing up; it means that the buying pressure may likely continue and the market value of IBATUSD could reach a key level at $0.008297 at the upside and beyond in the long-term outlook.

IBAT (USD) Short-term Trend: Bullish (15 Minute)The impulse move from the bulls has enhanced the Battle Infinity price to remain bullish. The price at the moment can be seen trading above the two EMAs. This means that the coin is in a bullish trend zone.

The market value of IBATUSD jumps into bullish territory, indicating that positive sentiment is returning to the market.

The buy traders pushed the coin up to a $0.008105 high level after which the sell traders intervened and drop the price to a $0.007847 low level shortly after the opening of today’s 15-minutes session. The buy traders could not relent in their efforts, so the price waved back to the bullish territory at the $0.007895 level.

Hence, the price will continue to go higher if all the current support holds in place. Also, the market has reached the oversold region of the daily stochastic, which means that the price will move further up to a higher level and $0.008297 might be surpassed soon in the 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.