Basic Attention Token Price Prediction: Will BAT Cryptocurrency Sustain at this Levels? – The Coin Republic

Basic Attention Token Price Prediction: Will BAT Cryptocurrency Sustain at this Levels? – The Coin Republic

Blockchain Crypto Market Technology
November 8, 2022 by Coinvasity
12
Home » Basic Attention Token Price Prediction: Will BAT Cryptocurrency Sustain at this Levels? Join Us on Google News Basic Attention Token price has successfully recovered out from the descending parallel channel over the daily chart. BAT crypto is currently trying to sustain at the current level. The token has been falling through the declining channel
wp-header-logo-121.png

Home » Basic Attention Token Price Prediction: Will BAT Cryptocurrency Sustain at this Levels?
Join Us on Google News
Basic Attention Token price has successfully recovered out from the descending parallel channel over the daily chart. BAT crypto is currently trying to sustain at the current level. The token has been falling through the declining channel since August 2022. BAT investors have been waiting for so long for the token’s recovery above the channel. The token has finally surged above the channel and is trying to sustain, now bulls must accumulate themselves to provide the throttle to the token. 
The market value of the Basic Attention Token has dropped by 0.20% in the previous day to $0.3295. But during intraday trading, the volume of trades increased by 86.59%. This demonstrates the bears’ attempt to get the token into the hands of short sellers.
The price of BAT crypto is trying to sustain above the channel. Buyers need to provide the required upthrust to the token to let the token maintain its position. BAT cryptocurrency needs to surge to prove its recovery phase over the daily price chart. However, volume change can be seen below average and needs to grow for BAT crypto to surge above the channel.    
Technical indicators suggest the recovery phase of BAT token over the daily chart. Relative Strength Index showcases the uptrend momentum of BAT crypto. RSI is at 60 and is heading towards the overbought territory. MACD exhibits the sideways momentum of BAT crypto. The MACD line is ahead of the signal line but with a minor difference. BAT investors need to wait for any directional change over the daily chart.
Basic Attention Token price has successfully recovered out from the descending parallel channel over the daily chart. BAT crypto is currently trying to sustain at the current level. The token has been falling through the declining channel since August 2022. However, volume change can be seen below average and needs to grow for BAT crypto to surge above the channel. The MACD line is ahead of the signal line but with a minor difference. BAT investors need to wait for any directional change over the daily chart.
Support Levels: $0.30 and $0.25
Resistance Levels: $0.35 and $0.40
The views and opinions stated by the author, or any people named in this article, are for informational ideas only, and they do not establish the financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.   
© Copyright 2022. The Coin Republic
Login to your account below




Please enter your username or email address to reset your password.

source

Add a comment