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- Basic Attention Token turned all red in today’s market, with a heavy plummet in the prices.
- The BAT/BTC pair is performing negatively with the overall plummet of -2.68%, bringing the level to 0.00002336.
Prices are falling and volatile after they tried to touch down the crucial resistance level of $0.16780, it didn’t allow prices to make a climb but also lead them to a very venerable place. The market condition is not good and opposite to its recent nature of trading. Many factors are arising in the market which is serving in loss to the cryptocurrency.
There is a massive negative change of $ -7.54% 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 after such fugitive fall. There is a resistance line present at the $0.1630 which is not allowing prices to make a positive move as currently, they are suffering variations.
Currently, the price levels are trading in the negative divergence, the market capitalization of basic attention token is USD 235,091,627 with volume traded of USD 94,182,123 and circulative supply is at 1,455,992,564 BAT.
BAT Price Analysis
The technical chart shows that there is a gradual fall with the bearish momentum, as negative trade is completely at its verge, there is a complete negative trade.
Technical Indicators are showing the heavy increase in selling volume due to the bearish dominance as prices will fall further if they don’t develop a support level right now.
MACD levels are showing that there is an increase in the selling volume of currency which means that negative momentum can continue its trade for a longer period.
RSI is struggling it was trading at the top of the bullish zone but now it had acquired a negative momentum and currently it is falling towards the level of 40
CCI reached the lowest limit of the normal zone after falling from the point possible of the over buying region.
Resistance Level $0.1630
Support Level $0.1600
