The Battle Infinity market opened today at a price level higher than yesterday’s price. But bearish resistance brought the price down a bit from $0.003068 to $0.003038. However, the bullish market has returned the price to where it had opened for today’s trading session.
Key Levels
- Resistance: $0.0038, $0.0040, $0.0045
- Support: $0.0025, $0.0020, $0.0019
IBAT/USD: The Indicators’ Outlook
The Bollinger bands have their upper and lower bands far from each other. This is a sign of high volatility and a high amount of interest to buy and sell the crypto. The price action of IBAT which was outside the band before has now entered into the band of the Bollinger indicator as the market continues to range at the current price.
Battle Infinity Short-Term Outlook: Bullish Recovery (15-minute chart)
Due to the tug-of-war in today’s market, the price of IBAT is now ranging at the current price of $0.003085. The faded red bearish histograms of the Moving Average Convergence and Divergence indicator are an indication of a bullish recovery. Also, the Relative Strength Index line is beginning to recover from the oversold.
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