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Battle Infinity (IBAT) Price Forecast: September 3
Battle Infinity price is on its way to the resistance channel. According to the chart below, there is a higher probability of the price breaking up the resistance level of $0.005338. If the price sustains above this breakout level of $0.005338, then we can enter a buy position.
Key Levels:
Resistance Levels: $0.005086, $0.005186, $0.005286
Support Levels: $0.004660, $0.003660, $0.002660
IBAT (USD) Long-term Trend: Bearish (1H)
On the 1-hourly chart, prices seem to have pulled back a little, but the overall trend is still bearish.
Despite a broader meltdown in the price of IBATUSD, the bulls managed to take control from the lows of $0.004693 and made a corrective pullback in today’s session from the highs of $0.004853. If the buyers should increase their buying pressure in the market, the price of Battle Infinity will definitely go up, and will be a reasonable time to buy soon.
Next, there is a possibility of an increase in the price of the coin as shown by the daily stochastic pointing up in the oversold region. It means that the selling pressure has ended. We can now expect the bullish sentiment to stay. In that case, the first upside target may likely be the high of $0.005584 in its higher time frame.
IBAT (USD) Short-term Trend: Bullish (15 Minute)
The coin is in a bullish trend in its short-term perspective as can be seen from the chart above. The price bars are seen above the EMA-9.
The price pullback at level $0.004738 as the 15-minute chart opens today affirms the returns of the buyers in the market.
The bulls further push the market price of IBATUSD up to a $0.004853 supply level after which the sell trader in-road and push the price down to a low at $0.004674.
The price is currently facing the positive side at the $0.004709 resistance level. A flip above the current supply level will push the price of the coin further up.
Meanwhile, the Battle Infinity price may continue to grow as indicated by the momentum indicator pointing upwards. The price is now expected to go up to a level above the $0.005584 resistance value soon in its lower time frame.
Battle Infinity has huge potential for unusually massive returns. Buy IBAT here
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