Basic Attention Token (BAT) Reaches The Highest Point In Recent Week

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Ayush Malviyahttps://www.thecoinrepublic.com/
Ayush Malviya has recently joined as a technical market reporter for Thecoinrepublic- the Leading cryptocurrency news site. He believes that there is a broad scope in Crypto market and blockchain. Thats why he loves to gather knowledge about it and like to analyse the market pattern.
  • BAT recovered  against the market odds, acquired the ideal price level of $0.1500.
  • Currently, it is trending above the level of $0.1500 and eyeing the new resistance level of 0.1600
  • The BAT/BTC is performing well positive with a profit of 14.66% bringing the level to 0.00002343.

BAT created history by acquiring the price level of $0.1500 and now trying to acquire the new resistance level of $0.1600. BAT’s bulls are in very strong condition and this can be the breakdown BAT is looking for.

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A current uptrend can be a positive sign for BAT prices, as the market is facing bearish presence yet BAT is performing extremely well. The prices are now trading at the level of $0.158which is a good sign for BAT traders as there is a  gradual rise in the prices and bullish momentum is quite impressive.

BAT’s market capitalization  is at $221,097,975 with volume traded of $98,926 USD and circulative supply of 1,442,592,564 BAT.

Basic Attention Token Price Analysis

BAT1
Source:tradingview

The technical chart reflects that prices are trying to get a hold on the bullish momentum but there is a sudden decrease as global market factors are making their moves and bears are steadily waiting to make an appearance.

The technical indicators are showing an increase in the selling volume of the cryptocurrency in crypto market.

MACD levels are still maintaining bullish momentum even after suffering a fluctuation. There is also an increase in the selling volume of the altcoin.

The 24hr-RSI gained heavy bullish momentum and reach the over buying region but then it took a sudden negative divergence and again start trading in the normal zone above the level of 60.

The 24hr-CCI touched the heights of the over buying region then start falling and currently trading at the top of the normal region.

Resistance level: $ 0.1600
Support level: $ 0.1350

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