Battle Infinity Market Forecast: IBAT Is Still Trending Upward
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Battle Infinity Market Forecast: November 25
The Battle Infinity market forecast is for the price to recover from its latest setback and continue its uptrend movement.
IBAT/USD Long-Term Trend: Bullish (1-Hour Chart)
Key Levels:
Supply Zones: $0.0044740, $0.0035040
Demand Zones: $0.0028780, $0.0026630
Buyers of Battle Infinity have been on the prowl for the past five days. In this, they have violated multiple key levels to bring the price value to $0.002619. However, a bit of a setback has now befallen the market as the buyers try to recharge themselves. The price has pulled back toward the $0.002355 key level. Nevertheless, the market remains strong, and we expected the buyers to revive.
Battle Infinity Market Forecast: IBAT Is Strongly Bullish
Despite an extended period of price accumulation around $0.002439, the buyers did not get started till the market dropped further down to the $0.002179 key support level.
Then the bulls got a hold of themselves and began to push against the market trend. In so doing, they were able to rally the price past several key levels to reach $0.002619.
From $0.002619, a retracement has begun, dipping the price below $0.002439. This makes the latest candles pierce through the lower Bollinger Band.
IBAT/USD Medium-Term Trend: Bullish (15-minute chart)
The MACD (Moving Average Convergence Divergence) lines also on the 1-hour chart have fallen back around the equilibrium level. This means that despite the pullback, the buyers still have an equal amount of control over the market. On the 4-hour chart, the MACD is not far below equilibrium, and the lines have crossed up in recovery.
The Bollinger Band on the 4-hour chart has adjusted to the downward spike of the candles to gently reorder it back upwards. Buyers still have a strong footing over the price, and the momentum is still in their favor. The market is back on track to recover from this brief setback and set itself back on course to reach $0.002828.
Battle Infinity has huge potential for unusually massive returns. Buy IBAT
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