Battle Infinity Market Forecast: Battle Infinity Is Gaining Steam in Preparation for a Surge
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Battle Infinity Market Forecast – October 28
Battle Infinity market forecast is for the buyers to build momentum from price consolidation with which they will drive the price high.
IBAT/USD Long-Term Trend: Bullish (1-Hour Chart)
Key Levels:
Supply Zones: $0.003228, $0.003831
Demand Zones: $0.002978, $0.002846
Battle Infinity has been alternating, reaching a high level and then dropping at intervals. This movement has extended the strength of the buyers. Therefore, IBAT has dissipated energy and is not recoiling into price accumulation to regain strength. This will eventually work together to push the price higher.
Battle Infinity Market Forecast: IBAT/USD Outlook
Battle Infinity entered the middle of the month on a range. Pattern. The key levels that keep the coin in consolidation are $0.003233 as the resistance and $0.002960 as the support level.
The consolidation led to the strengthening of the buying base. The outcome is that the coin shoots out of the consolidation upward. IBAT bypassed several key levels to reach $0.003812, at which point it was prevented from rising higher.
As a result, the bullish strength began to wane. And just like it rose, the price dropped till it plunged into the consolidation zone. The coin has traded below the EMA period 25 (Exponential Moving Average).
IBAT/USD Medium-Term Trend: Bullish (15-minute chart)
The RSI (Relative Strength Index) line has plunged into the oversold region because of the rejection. As the price began to range, the RSI line was undulating between the oversold and overbought zone.
On the 15-minute chart, the RSI line is equally undulating between the two opposite zones, but this time at a more central level. Battle Infinity is currently undergoing this consolidation stage to gather momentum, which they will use to drive the price back to $0.003812.
Battle Infinity has huge potential for unusually massive returns. Buy IBAT
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