BAT Price
BAT Token Forcast: BAT Token Bulls Still Having Grip Above 100 and 200-DMA line
- BAT token forecasting neutral momentum over the monthly chart and is placed above its major moving averages of 100 and 200-day lines, with average volume activity.
- The digital asset is presently trading positively and CMP above the major moving averages of 100, and 200-day lines.
- The pair of BAT/BTC is trading at 0.00002307 BTC with a 24-hour loss of -5.84%, and the ratio of BAT/ETH is CMP at 0.0002787 ETH with an intraday loss of -5.61%.
BAT token forecasting a sideways momentum at the monthly chart, while the crypto asset is placed above its support zone. Volume activity is below average and needs significant growth in upcoming trading sessions. Presently, BAT is trading above its major moving averages of 100 and 200-day lines. The bulls are now trying to sustain the support zone; a bounce-back is expect till $1.20 to $1.42. Support on the lower side is $1.00 and $0.94, whereas resistance on the higher side is $1.29 and $1.38.
BAT token forecasting a sideways trend at the weekly chart
BAT token forecasting a sideways trend at the weekly chart, which is trading near the support zone. The technical parameters are reaches near the lower zone at the 4-hour time frame. Volume over the weekly chart is records below its average line, which needs to grow strongly in upcoming trading sessions. BAT token is trading at $1.08 with an intraday loss of -8.05%, and the volume to market cap ratio is 0.1292.
Relative Strength Index (OVERSOLD): BAT token forecasting a sideways trend at the weekly chart, and RSI is trading near the lower zone. The coin is currently trading near the support area and RSI at 47.
Moving Average Convergence Divergence (NEUTRAL): The daily chart indicates a neutral trend with a slight bearish crossover at the 4-hour time frame. The seller’s line (red) and the buyer’s signal line (green) overlap.
Support levels: $1.00 and $0.94
Resistance levels: $1.29 and $1.38.
DISCLAIMER
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 financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.
