Basic Attention Token (BAT) Is Making Impressive Recovery With The Help Of Bulls

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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.
  • Basic Attention Token is climbing up with at positive divergence but suffering heavy volatility in the prices crucially but bulls are looking strong.
  • The BAT/BTC pair is performing positively with the overall profit of 2.92%, bringing the level to 0.00002294.

BAT Prices climbing up but facing volatility above the crucial level of $0.170, it is also acquired the price level of 0.165 and still trying to maintain its upsurge. $0.165 is unable to provide prices major support to climb towards the desired level of $0.175.

There is a major positive gain of $ 6.54% in the prices of cryptocurrency.

BAT is currently holding onto the support of the price level $0.1600 which is trying its level best to help out prices in developing a gradual positive nature in their market performance. Prices also acquired previous resistance levels of $0.1400, $0.1450, $0.1500 and now prices are rallying up to reach the level of $0.1750

Current market capital of BAT is $244,064,727 USD with volume traded of $97,673,881 USD and circulative supply is at 1,443,992,564 BAT.

BAT
Source:tradingview

The technical chart shows that prices are making a sustainable price recovery with a gradual rise with the overall bullish momentum of the market, as they are able to maintain an upsurge along with the bulls to their current level. There is slight negative trade but that won’t be enough to slow down the bulls as currently, they are at their prime.

Technical Indicators are showing an increase in buying volume according to the Kraken. With the current trade, it might be easy for the prices to make a breakout.

MACD levels are able to find out a bullish breakout momentum with an increase in the buying volume of the cryptocurrency. Selling volume is also trying to catch up with the buying volume but the gap is increasing among them.

RSI is establishing a strong presence with the bullish momentum at the overbuying region. It made an impressive climb from the normal zone and currently, it is rising towards the highest point and any time it can hit a significant level of 85.

CCI reached the normal zone after falling down from the over buying region and currently moving in a downward momentum at the normal zone

Resistance Level $0.1700
Support Level $0.1675

 

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