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BAT Price

BAT Price Analysis: BAT Crypto Breakdown Below 100-EMA May Lead a 20% Downside

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  • 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.
Source: BAT/USDT on TradingView

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

Source: BAT/USDT on TradingView

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.

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