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Basic Attention Token (BAT) Suffering Heavy Plummet In The Prices

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  • Just like the majority of cryptocurrencies, Basic Attention Token is suffering a downfall in the prices crucially.
  • The BAT/BTC pair is performing positively with the overall profit of 0.08%, bringing the level to 0.00002211.

BAT Prices are falling and facing heavy variations in them below the resistance level of $0.140, it is also not allowing prices to make a climb. The market condition is not good due to global factors and there is a major bearish dominance in the markets making it venerable to gradual downfall. There is a loss of $ -5.89% in the BAT prices.

BAT is currently holding onto the support of the price level $0.1350 which is trying its level best to help out prices in developing a gradual positive nature. There is a resistance of $0.140 which is not allowing prices to make a positive move.

Currently, the price levels are struggling hard. Current market capital of BAT is $199,852,439 USD with volume traded of $67,175,309USD and circulative supply is at 1,442,592,564 BAT.

Basic Attention Token Price Analysis

BAT
Source:tradingview

The technical chart shows that prices are gradually falling with the bearish momentum, as they are going down along the market. there is slight positive trade but that won’t be enough to levitate the pieces out of the bearish zone.

Technical Indicators are showing a heavy increase in selling volume due to bearish dominance.

MACD levels suffering heavy bearish momentum with high selling volume due to the negative nature of the market. MACD level did have bullish momentum this week but it all faded away.

RSI struggling  to establish its presence in the bullish region of the normal zone and currently it is trying to climb up above the significant level of 50

CCI reached the lowest limit possible in the overselling region and currently trying its best to climb back into the normal zone.

Resistance Level $0.1400
Support Level  $0.1350

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