Battle Infinity Market Forecast: IBAT Is Stretching Upward From the Lower Envelope Band
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Battle Infinity Market Forecast – October 2
Battle Infinity market forecast is for a persistent effort from the buyers to drive the price up. Currently, the coin stretches against the lower Envelope Band.
IBAT/USD Long-Term Trend: Bullish (1-Hour Chart)
Key Levels:
Supply Zones: $0.0044740, $0.0035040
Demand Zones: $0.0028780, $0.0026630
Battle Infinity is on the verge of an upward breakout, and this is due to the sheer weight of effort the buyers are putting in to drive the market upward. The market has been punching upwards from the $0.0029110 support level. However, in recent times, IBAT has pulled back to a lower level to be able to gain more strength for a price jump.
Battle Infinity Market Forecast: IBAT Is Strongly Bullish
Battle Infinity is trying to break the hold of the confinement in which it currently finds itself. Buyers remain very active and have proactively bumped against the resistance level of 0.0034870.
However, the price has not yet surpassed the resistance level. However, it has now dropped slightly below the initial demand level to a lower price level of $0.0027000.
The price has more room to run upwards, and so the MACD (Moving Average Convergence Divergence) lines, which have dipped below the zero level, are about to turn upwards again. The price is stretching upward from the lower Envelope Bands.
IBAT/USD Medium-Term Trend: Bullish (15-minute chart)
The 15-minute chart shows the price bouncing on the $0.002700 demand zone just before it pumps upward. The latest candlestick is a bullish one that is just about to break the $0.0029110 resistance level and the middle line of the Envelope Indicator.
The MACD lines have crossed from below the zero level, as the price is poised to begin an uptrend. Bullish histogram bars are already forming in the MACD chart. A fully energized market will breach the levels at $0.0029110, $0.0032190, and $0.0034870 on its way to attaining higher price levels.
Battle Infinity has huge potential for unusually massive returns. Buy IBAT
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