Basic Attention Token (BAT) Acquires The Momentum It Was Lacking For Up-Surge

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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 a sharp positive divergence after suffering a shortfall in the prices but bulls did make an impressive move. 
  • The BAT/BTC pair is performing positively with the overall profit of 2.95%, bringing the level to 0.00002388.

Prices manage to launch a sharp recovery with the help of the positive nature of the market.

Basic Attention Token Prices are climbing up and acquiring the crucial resistance levels. With the help of the market, nature prices acquired the crucial levels like $0.16000, $0.162000 and recently $0.164500.

There is among the major gainers the market with a profit of $5.61% in the prices of cryptocurrency.

BAT manages to pull off this impressive climb due to the strong support of the price level $0.15700 which is trying its level best to help out prices in developing a gradual positive nature in their market performance. Now prices are moving up with the support of $0.16350.

Current market capital of BAT is $239,581,433 USD with volume traded of $80,196,758 USD and circulative supply is at 1,457,492,564 BAT.

Basic Attention Token Price Analysis

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bat1
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 can maintain an upsurge along with the bulls to their current level.

Technical Indicators are showing an increase in buying volume according to the Kraken. As the prices manage to make a breakout.

MACD levels can find out a bullish momentum with an increase in the buying volume of the cryptocurrency.

RSI is establishing a strong presence with the bullish momentum and climbing towards the overbuying region. It made an impressive climb from the bearish zone and currently, it is rising towards the highest point it can attain.

CCI reached the top of the normal zone after falling from the normal region and currently moving in a bullish momentum towards the over buying zone.

Resistance Level $0.16700

Support Level $0.163700

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