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Battle Infinity (IBAT) Price Forecast: September 20
IBATUSD is very likely to continue growing as we are seeing a bullish correction in place. The coin gave a bullish breakout from the $0.003139 level, suggesting the buyers are making a recovery attempt. Thus, if the crypto’s price sustains above the $0.005000 high level, the potential rally could surge higher to hit the $0.04000 supply level and beyond.
Resistance Levels: $0.005500, $0.005600, $0.005700
Support Levels: $0.002800, $0.002700, $0.002600
IBAT (USD) Long-term Trend: Bullish (1H)
The IBATUSD market is trading in an uptrend in its long-term outlook. The chart shows how the price tried to break this price channel with a bullish break. Price is trading above the EMA-9 of the price channel again. The price is approaching the retest of the $0.003136 high level.
The bulls made an increase to a $0.003139 resistance level above the moving averages after which the sellers returned briefly and dumped the price to a low at a $0.002983 level above the EMA-9, but below the EMA-50. This indicates that the bulls are showing more concern about the coin by returning back to the market.
As a result of this, there is likely going to be price rejection at the $0.002983 support level, while the bulls resume the upward rally.
Furthermore, with the price of Battle Infinity pointing upwards, it now means that the price action may likely turn upside soon and retests the $0.005000 supply level.
If the buyers manage a daily candle closing above the mentioned supply level, the accelerated buying pressure might hit the $0.4000 psychological supply level in its higher time frame.
IBAT (USD) Short-term Trend: Bullish (15 Minute)
The market price of IBATUSD is currently trading in the bullish market zone. This is due to the gradual returns from the buy traders.
The bulls made a corrective rally up to a $0.003230 high level above the moving averages after which the sellers dropped the price to a low at $0.002983 level shortly after the 15-minutes session opened today. This will give the buyers the opportunity to influence the price tendency.
Further, the IBATUSD price is pointing up indicating an uptrend as shown by the price indicator; it means that the buying pressure will continue. As a result of that, the bullish race might possibly reach the $0.4000 resistance level in the coming days in its short-term outlook.
Battle Infinity has huge potential for unusually massive returns. Buy IBAT here
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