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The Basic Attention Token price prediction shows that BAT is facing the north as the coin aims to cross above the moving averages.
Basic Attention Token Prediction Statistics Data:
- Basic Attention Token price now – $0.170
- Basic Attention Token market cap – $250.6 million
- Basic Attention Token circulating supply – 1.48 billion
- Basic Attention Token total supply – 1.5 billion
- Basic Attention Token Coinmarketcap ranking – #110
BAT/USD Market
Key Levels:
Resistance levels: $0.200, $0.210, $0.220
Support levels: $0.140, $0.130, $0.120
BAT/USD is ranging as the coin moves to cross above the 9-day and 21-day moving average trading around $0.170. Meanwhile, the Basic Attention Token price could maintain the upward movement if the buyers increase the pressure.
Basic Attention Token Price Prediction: Can BAT Cross Above $0.180 Level
The Basic Attention Token price is moving sideways, and with all indications, the coin is likely to follow the upside if it crosses above the 9-day and 21-day moving average. However, the red line of the 9-day MA is still below the green line of the 21-day moving average which can still keep the coin on the downside. Therefore, any bearish movement toward the lower boundary of the channel may increase the short-term selling pressure, while the next supports could be found around $0.140, $0.130, and $0.120.
For the moment, if the Basic Attention Token price continues with the bullish movement, it is likely to meet the nearest resistance at $0.180 and any further bullish movement toward the upper boundary of the channel may locate the next resistance levels at $0.200, $0.210, and $0.220. Similarly, the technical indicator Relative Strength Index (14) crosses above the 40-level, suggesting that more bullish signals may come to play out.
BAT/BTC Trades Bullishly
Against Bitcoin, the Basic Attention Token price is moving sideways as the coin trades at 662 SAT above the 9-day and 21-day moving averages. Looking at the daily chart, if the buyers can increase the pressure, the market price could touch the resistance level of 700 SAT. Nevertheless, if the market drops below the lower boundary of the channel, the next key support may come at 570 SAT and below.
On the bullish side, any additional bullish movement could push the market toward the upper boundary of the channel to hit the resistance level of 750 SAT and above. Moreover, as revealed by the technical indicator, the Relative Strength Index (14) may confirm the bullish movement if the signal line crosses above the 50-level.
Alternatives to Basic Attention Token
For the fact that the Basic Attention Token is recording some gain, the market price may continue to follow the bullish movement within the channel. Therefore, traders can expect the price to spike to the north if the bulls put more pressure on the market.
However, while other tokens experience a decrease in popularity, the $WSM token remains a “buy” recommendation due to its attractively low presale price. With gains surpassing $25 million, it’s a prudent decision to acquire some tokens at their current price before they witness a significant increase.
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