Market Forecast for Battle Infinity: Buyers are Set to Raise the Price From the Current Support Level
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Battle Infinity Market Forecast: December 11
The Battle Infinity market forecast is for the price to surge upward after having accumulated strength at a support level. Market analysts anticipate that the price of Battle Infinity will rise as momentum builds near a support level.
IBAT/USD Long-Term Trend: Bullish (1-Hour Chart)
Key Levels:
Support Zones: $0.001610, $0.001500, and $0.001400
Resistance Zones: $0.001730, $0.001840, $0.002000
At the moment, the price of Battle Infinity is accumulating less. Following a decline to a support level, the market is currently accumulating. Since the resistance serves as a liquid area, the coin has been striving to climb to the resistance level of $0.001730. As a result, the market has fallen to a support level where it is consolidating to clear the liquid area.
Battle Infinity Market Forecast: IBAT is Strongly Bullish
Since the coin’s price sank below $0.001518, it has shown an upward movement that has disrupted the market structure, and on December 17, the Relative Strength Index signalled an oversold condition.
After that, the price declined to an order block and support level of $0.001610. Price has been hesitant to decline ever since. The price is consolidating, which suggests that there will be growth. positive price movement.
The Relative Strength Index indicates that price-selling pressure waned recently as the price approaches the support level.
IBAT/USD Medium-Term Trend: Bullish (15-minute chart)
The price is in a tight consolidation, as seen on the 15-minute chart. The market is anticipated to test the $0.001610 support level once more, breaking through a recent low and gathering steam for a bull advance.
On the retest, it is anticipated that the Relative Strength Index will correspond with a lower number between the range of 40 and 30. It is anticipated that the price will change dramatically when it leaves the $0.001610 support level.
Battle Infinity has huge potential for unusually massive returns. Buy IBAT
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