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Cryptocurrency

BAT/USD Could Touch $0.30 Level


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The Basic Attention Token price prediction shows that BAT could set a bullish run if the market can attempt to climb back above $0.30.

Basic Attention Token Prediction Statistics Data:

  • Basic Attention Token price now – $0.24
  • Basic Attention Token market cap – $365.4 million
  • Basic Attention Token circulating supply – $1.48 billion
  • Basic Attention Token total supply – $1.5 billion
  • Basic Attention Token Coinmarketcap ranking – #101

BAT/USD Market

Key Levels:

Resistance levels: $0.35, $0.40, $0.45

Support levels: $0.15, $0.10, $0.05

BATUSD – Daily Chart

At the moment, BAT/USD is seen moving toward the resistance level of $0.30 with price growth of 4.55%. For the fact that the coin is recording some gain, the Basic Attention Token price may continue to follow the bullish movement within the channel. Therefore, traders can expect the price to continue to rise if the bulls put more pressure on the market.

Basic Attention Token Price Prediction: Basic Attention Token (BAT) May Head to the Upside

If the Basic Attention Token price slides below the 9-day and 21-day moving averages, the market price could face the lower boundary of the channel. But if the price head toward the upper boundary of the channel, traders can then expect a bullish continuation towards the upside. Meanwhile, as the technical indicator Relative Strength Index (14) moves to cross above the 50-level, the possible resistance levels could be found at $0.35, $0.40, and $0.45.

However, if the coin keeps the bullish movement for the next couple of days, traders may witness more of it reach higher levels. Meanwhile, BAT/USD can still drop below the lower boundary of the channel, and a bearish extension could roll the coin to the long-term supports at $0.15, $0.10, and $0.05.

When compares with Bitcoin, Basic Attention Token continues to follow the downward movement as the coin moves to cross above the 9-day and 21-day moving averages. In the case of a bullish cross to the upside, there is a need for an increasing volume and resistance to cause an upsurge in the market.  Meanwhile, crossing below the channel could hit the support at 650 SAT and below.

BATBTC – Daily Chart

Nonetheless, if a bullish move continues; buyers can confirm a bull run for the coin. Moreover, the potential resistance can be located at 1100 SAT and above as the technical indicator Relative Strength Index (14) crosses above the 30-level, suggesting bullish movement.

Alternatives to Basic Attention Token

The Basic Attention Token price is currently trading with a 4.55% slight gain, but the coin is yet to cross above the 9-day and 21-day moving averages. Meanwhile, the BAT price may fight to stay above the important level of $0.30 so as to head toward the upper boundary of the channel. However, the Love Hate Inu (LHINU) token is with the aim of giving all users access to retail trading. Through its presale, the token has raised almost $2 million for this objective. Therefore, this crypto’s presale has recently commenced while the project has been witnessing impressive traction from users and the investor community.

View the latest BAT price on CoinCodex.

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