The Basic Attention Token Price Prediction: Aiming for the North
The Basic Attention Token (BAT) is on an upward trajectory as it seeks to surpass the moving averages. Asย ofย now priced at $0.170, BAT has a market cap of $250.6 Million and a circulating supply of 1.48 Billion tokens. With a total supply of 1.5 Billion tokens, BAT ranks at #110 on Coinmarketcap.
BAT/USD Market
Key Levels:
Resistance levels: $0.200, $0.210, $0.220
Support levels: $0.140, $0.130, $0.120
BAT/USD is asย ofย now trading around $0.170 and is tryingย to cross over the 9-day and 21-day moving averages. The coin is asย ofย now in a range-bound movement. Toย sustain its upward movement, BAT needs increased buying pressure.
Basic Attention Token Price Prediction: Can BAT Cross Over $0.180 Level
The Basic Attention Token price is asย ofย now moving sideways. If it manages to cross over the 9-day and 21-day moving averages, it isย veryย likely continue its upward trend. Nonetheless, the red line of the 9-day MA remainsย under the green line of the 21-day MA, which could keep the coin on a downward trajectory. If the coin experiences bearish movement, the next support levels can be found at $0.140, $0.130, and $0.120.
If the positiveย trend movement continues, the nearest resistance level is at $0.180. Further positiveย trend movement mightย propel the price towards the upper boundary of the channel, with resistance levels at $0.200, $0.210, and $0.220. The Relative Strength Index (14) suggests more positiveย trend signals may emerge.
BAT/ Bitcoin Trades Bullishly
Against Bitcoin, BAT is asย ofย now currentlyย worth 662 SAT over the 9-day and 21-day moving averages. If buying pressure increases, the market price couldย accomplish the resistance level of 700 SAT. On the downside, if the market falls below the lower boundary of the channel, the next levelย ofย support couldย be at 570 SAT.
On the positiveย trend side, further upward movement mightย propel the market towards the upper boundary of the channel, hitting the resistance level of 750 SAT and beyond. The Relative Strength Index (14) may confirm the positiveย trend movement if the signal line crosses over the 50-level.
Alternatives to Basic Attention Token
Althoughย while other tokens couldย be losing popularity, BAT remains a โbuyโ recommendation due to its attractively low presale price. With gains exceeding $25 Million, acquiring some tokens at their current price before a wholeย lotย of increase is a prudent decision.
Hot Take:
The anticipated listing of Wall Street Memes before the end of theseย 30ย days is excellent news for those seeking wise investment opportunities.
Insa’s extensive background in the financial realm encompasses roles as a writer, trader, and personal finance coach. Her proficiency spans a wide spectrum, ranging from commodities and indices to forex and cryptocurrencies. Insa’s specialization lies in furnishing strategic investment advice tailored to the fintech investment niche.
