IBATUSD: Price Breakout and Bullish Continuation

Battle Infinity Price Prediction for Today, 29th of September:
IBAT/USD at the moment is currently recovering and showing positive signs above the $0.003099 supply level, the coin may likely remain and continue in the same trend and further rise up to the upper resistance level if all the support holds and the buy traders could exert more force into the market.

Key Levels:
Resistance Levels: $0.005000, $0.005100, $0.005200
Support Levels: $0.003200, $0.003100, $0.003000

IBAT (USD) Long-term Trend: Bullish (1H)
Analyzing the chart above, we can see clearly that IBATUSD is in a bullish market zone. The price currently trades above the two EMAs.

The bulls caused a rise to a $0.003175 high level which later declined to a low at the $0.003052 support level as the 1-hourly chart opens today. Exhaustion sets in as the bulls returned briefly and moved the price up to a high at the $0.003110 trend line. This affirms the high impact of the buy investors in the market.

However, there are bullish signals above the level of $0.003099 which indicates a possible further increase in the market value.

Meanwhile, the pair has a target price of level $0.03000 as it’s about to resume its uptrend to the upper resistance as indicated by the daily stochastic pointing up in the oversold region. The mentioned target might be tested from its long-term perspective.

IBAT (USD) Short-term Trend: Bullish (15-Minute)
Here on the lower time frame, Battle Infinity’s price is in a bullish movement zone. This is due to the high inflow from the buyers. The price bars can be seen trading above the moving averages, this means that the coin is in a bullish trend zone.

Just in after a few minutes of opening the 15-minutes chart, the bulls returned and triggered the momentum up to the the$0.003110 resistance value above the moving averages. Thus, staying above the moving averages will enable the coin to rise further.

Hence, if the IBATUSD price sustains above the current resistance level, the resulting rally may surpass the $0.01000 level and hit the $0.03000 psychological level at the upside in the days ahead in the lower time frame.

Battle Infinity has huge potential for unusually massive returns. Buy IBAT here.