Battle Infinity (IBAT) Price Forecast: November 10
IBATUSD price will most likely bounce off the support line and break the resistance lines soon. This will be achieved if the buy investors could exert more force and the coin price is able to break up the $0.003484 previous high, then we can expect the upcoming bullish correction to reach the $0.01000 supply mark.
Key Levels:
Resistance Levels: $0.005400, $0.005500, $0.005600
Support Levels: $0.003200, $0.003100 $0.003000
IBAT (USD) Long-term Trend: Bearish (1H)
Battle Infinity portrays a bearish market trend in its long-term outlook. The price responded to the shift in the market structure and is currently below the moving average lines.
Today, after reaching the high at $0.003284 by the bulls, the brief return of the bears now dropped the coin price down to a low at $0.003245 value below the two EMAs. More upsides are possible if it breaches the supply trend lines.
More so, the crypto is approaching the oversold region, under the influence of this market level, the coin should rise steadily soon and break up the previous high at $0.003284 level to reach the $0.01000 resistance level soon as we watch the crypto market turns bullish in the days ahead in its long-term perspective.
IBAT (USD) Short-term Trend: Bearish (15 Minute)
The market value of IBATUSD in the lower time frame (15 minutes) is in a bearish market zone as can be seen from the chart below. The price bar is seen below the moving averages, this implies that the coin market is in a bearish trend.
After updating the low dips, the bulls made a correction at the $0.003253 resistance level to resume its bullish trend pattern as the 15-minute chart opens today. This suggests that the bulls are ready and actively set to return Battle Infinity’s price to the bullish territory.
In addition to that, the coin market is pointing up in the oversold region, this indicates that the coin price will still continue in an upward move and it might head towards the $0.01000 supply level in its lower time frame.
Battle Infinity has huge potential for unusually massive returns. Buy IBAT here
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