Battle Infinity (IBAT) Price Forecast: January 21
The Battle Infinity (IBAT) threatens the next jump as the coin price is on its way to the upside. The coin, having decided to face the positive side, might reach a high level of $0.02000 if the buy traders increase their market forces.
Key Levels:
Resistance Levels: $0.002500, $0.002600, $0.002700
Support Levels: $0.001700, $0.001600, $0.001500
IBAT (USD) Long-term Trend: Bearish (1H Chart)
The IBATUSD is trading in the bearish market zone. The coin has been having a series of both bullish and bearish moves however, the bulls gave a bullish breakout at the $0.001854 resistance level after which the bears dropped the price below the supply trend levels before the end of the previous actions.
The bulls’ action increases the price to the the$0.001754 supply level even as the 1-hourly session opens today. A break above the $0.002000 high mark would intensify the buying pressure on the crypto.
Hence, there is a tendency for the price of Battle Infinity to rise further, if the support level holds, this will enable buyers to take the price up to a high of $0.02000 level in the days ahead in its long-term perspective.
IBAT (USD) Short-term Trend: Bullish (15-Minute Chart)
The IBATUSD price is possibly making its way up after hitting the $0.001746 level to overcome resistance to signal a pump-up. It looks like the price will want to bounce up again in the short term.
The bulls could not relent anyway, so, the price movement after dropping to a $0.001747 low level shortly after today’s 15-minutes session opening, the price of Battle Infinity jump up to a $0.001759 high level above the EMA-9.
However, the bulls are now set to take the pair to a psychologically key level above the resistance trend levels.
In addition, the price signal indicates an uptrend. In case the bulls try to increase their pressure, the resistance level of $0.002000 may be reached which may be a broken upside, and the price increases to the $0.02000 high level and beyond.
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