Battle Infinity Market Forecast: Battle Infinity Is Winning the Battle to Maintain Its Uptrend
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Battle Infinity Market Forecast: November 8
Battle Infinity market forecast is for the price to keep pushing upwards as buyers edge the sellers in the tussle for market dominance.
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 endured a period of consolidation and broke out on the 4th of November above the $0.003262 key level. The buyers then decided to take a breather before continuing the uptrend. This gives the sellers a chance to find their way back to the market. This results in a tussle with the coin dropping partially below $0.003262, but the buyers have demonstrated tremendous strength to retain market control.
Battle Infinity Market Forecast: IBAT/USD Outlook
An acute rejection at $0.003823 ended the bullish run in the market, which had started after an escape from consolidation. This sets the price tumbling downward past several key levels.
The market eventually plunged back to its former consolidation zone between $0.003262 and $0.002978, where another period of ranging occurred till November 4, when the price broke out.
After the breakout, the buyers are looking to brush off the lingering bearish influence before the coin goes on a bullish drive. The Momentum line shows an increase in the market’s momentum due to the tussle in the market. The buyers are in a pole position.
IBAT/USD Medium-Term Trend: Bullish (15-minute chart)
The MA Cross (Moving Average) has made a golden cross upward on the 1-hour chart to highlight the current upward jerk from the bulls. The 15-minute Momentum chart shows that the sideways trend has been broken up due to the tussle between market forces, and Momentum is rising in favor of buyers.
In the tussle for market dominance, we see the price pierce through the upper Bollinger band and surge upward past the $0.003538 resistance level. However, the price then drops back below the level but is high enough to breach the key level again. At this stage, the buyers are pumped to push prices higher.
Battle Infinity has huge potential for unusually massive returns. Buy IBAT
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