Battle Infinity Market Forecast: The IBAT Market Remains Highly Optimistic for a Bullish Return
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Battle Infinity Market Forecast: November 28
The Battle Infinity market forecast is optimistic as the buyer keeps working in the background to rally the market.
IBAT/USD Long-Term Trend: Bullish (1-Hour Chart)
Key Levels:
Supply Zones: $0.002610, $0.003520
Demand Zones: $0.002290, $0.002600
Since IBAT dropped to the current level, the buyers have been put on alert. Initially, their backing was strong enough to keep the market afloat and prevent a further drop. The buyers are now working in the background to ensure that any movement away from the current sideways trend will be in an upward direction.
Battle Infinity Market Forecast: IBAT/USD Outlook
The price is currently moving in a sideways trend, which shows equilibrium in the market. However, the bulls are in a better position to influence the direction of the market.
Battle Infinity is leveraging the strong support layer to stabilize its market and also potentially push the price upward. Currently, the candles are close to the $0.002355 level where the price hopes to spring up.
When the market eventually triggers upward, its first task is to trade above the 30-period MA (Moving Average). The RSI (Relative Strength Index) line has bounced upward from oversold.
IBAT/USD Medium-Term Trend: Bullish (15-minute chart)
The 15-minute chart helps us see how the market pulls directly back to the $0.002355 support line. This is in anticipation of another trigger that would strongly nudge the price upward, causing it to begin moving upward.
The MA period 30 has also dropped to align with the demand line, to hoist the coin from below. The RSI line of the 15-minute chart is already oscillating upward after springing out of the oversold region. This means bulls are actively working in the background to potentially drive the market to $0.003823.
Battle Infinity has huge potential for unusually massive returns. Buy IBAT
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