BAT Price Analysis: BAT Crypto Breakdown Below 100-EMA May Lead a 20% Downside
- BAT crypto price manages to stay above the EMA-100 on the intraday session.
- The 24-hour trading volume is at $173 million.
- BAT/BTC pair is trading negative by -1.6% at 0.00002181 BTC.
Moving Average (EMA) containing 20,50,100,200 In the BAT crypto daily price chart, it is a reliable support for currency price change. Investors can observe that price manages to stay above the yellow line and can guarantee a bullish trend as long as costs are above the 200-day moving average.
The volume (10.632 M) is below the 20-day moving average (78.722 M). The volume is descending, so the cost has toiled for several days. Investors may also witness a drop in volume. This indicates that remarkable changes are hoped for in the subsequent trading days.
BAT Crypto Price Action Shows no Signs of Positivity
The daily price chart of the BAT crypto slips below the $1.05 Support. Relying on the price activity, the support area is within $1.05. If the price fails to hold above it, the following support to look out for is $0.80. On the flip side, the resistance level to look for is around $1.45.
The RSI showed a 43 (bearish) sign with a short-term sell signal. Investors may observe that the indicator’s RSI line is running downside. A plunge can happen on upcoming trading days.