Battle Infinity Price Prediction for Today, 25th of August:
IBAT/USD, having finished the downward correction the coin might likely resume the upside move if the current support at $0.004355 holds, and the price on the 1-hourly chart, closes above $0.006793 supply level, then there is a high probability of the price going up to its recent swing high, which is $0.008562 resistance level.
Resistance Levels: $0.008100, $0.008200, $0.008300
Support Levels: $0.005700, $0.005600, $0.005500
IBAT (USD) Long-term Trend: Bearish (1H)
Battle Infinity is in a bearish market zone in its higher time frame as can be seen from the below chart. The price is currently recovering and trades below the two EMAs.
As a result of price rejection at this level, there was an immediate reversal. Buyers pushed the price of IBATUSD higher to a $0.006793 high level as the 1-hourly session opens today, after which the sell traders intervened and drove the price down to a $0.004355 low level.
Actions from the buyers have also increased the coin further up to the $0.005506 resistance value as it journeys up north. More gains are possible if the bulls can put extra effort into the price action.
Next, the momentum indicator pointing upwards suggests the continuation of the bullish trend. The price might possibly reach the $0.01000 resistance value in the coming days in its long-term outlook.
IBAT(USD) Short-term Trend: Bullish (15-Minute)
The coin is now displaying a bullish posture in its short-term outlook. This is due to the inflow from the long traders.
The market price of Battle Infinity has just broken up the EMA-9 at the $0.005533 level approaching the EMA-50. This will give crypto a high tendency to rise further.
If the IBAT/USD price sustains above the current resistance level, the resulting rally may surpass the $0.1000 level and hit the $0.0500 psychological level at the upside in the days ahead in the lower time frame.
Battle Infinity has huge potential for unusually massive returns. Buy IBAT here: