Battle Infinity Price Prediction for Today, 14th of August:
IBAT/USD will still go further if the current support at $0.003865 holds. The crypto’s price may continue its upside moves to reach a $0.05000 high level, provided the buyers increase their actions in the market.
Resistance Levels: $0.005000, $0.005100, $0.005200
Support Levels: $0.003500, $0.003400, $0.003300
IBAT (USD) Long-term Trend: Bullish (1H)
Analyzing the chart above, we can clearly see that IBATUSD is in a bullish market zone. The price currently trades above the two EMAs. This means that the coin is in an uptrend.
The current price level now trades at a $0.003925 supply level above the two EMAs. An indication of upward momentum in the context of the strength of the market. Thus, a possible breakout from the $0.004072 neckline will accelerate the buying momentum and push the prices higher to hit the 0.05000 resistance level.
Meanwhile, the pair has a target price of level $0.05000 as it’s about to resume its strong uptrend to the upper resistance as indicated by the daily stochastic pointing upwards. The mentioned target might be tested in its long-term perspective.
IBAT (USD) Short-term Trend: Bullish (15-Minute)
The buy traders are now actively involved in the order flow in its short-term outlook. This is a result of low bearish outcomes. This means that the IBATUSD market is in a strong bullish trend in its lower time frame.
Just in after a few minutes of opening the 15-minutes chart, the bulls triggered up the momentum to the the$0.003932 resistance value above the moving averages. This will actually enable the pair to rise further.
If Battle Infinity’s price sustains above the current resistance level, the resulting rally may surpass the $0.01000 level and hit the $0.0500 psychological level at the upside in the days ahead in the lower time frame.
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