Battle Infinity has the potential for generating huge profits for investors, especially when they buy the token at the right time. Now is the right time to buy the token as it is currently at a low price. The bulls market initially targeted the $0.0035 level, but could not make it beyond the $0.0034. In the 16th hour of November 8, the market became very volatile. Initially, for that particular session, bears took the price to $0.0028, seeing the price falling to that level, many traders were beginning to buy the crypto and within 1 hour, some of them made a huge profit. The price hits $0.0039, then a massive selling followed this.
Key Levels
- Resistance: $0.0035, $0.0036, $0.0037
- Support: $0.0028, $0.0027, $0.0026
IBAT/USD: The Indicators’ Outlook
This strong bullish move may be the reason for the price dip. The bands of the Bollinger widen due to the high market volatility. Also, the bands and the price channels tilt because the price is moving downward. But, the bulls now have stable support for the price and in response to this, the Bollinger band is changing direction to a horizontal movement.
Battle Infinity Short-Term Outlook: Bullish Recovery (15-minute chart)
The bear market hit rock bottom at $0.0026. From here the price rises as traders begin to buy again. As they approach the $0.0028, they have to face bearish resistance. However, they were able to secure another support which is higher than the previous one and closer to the $0.0028 price level which is the resistance level. This will give the bulls the advantage to smash the resistance and continue the uptrend.
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