Token Price Analysis: BAT saw a sharp rally of 27% this week
Basic Attention Token has regained around 27% of its value this week after consolidating into the demand zone.
The BAT token is observing above the 20 and 50-day moving average in terms of the daily price chart.
With reference to the daily price chart, the Supertrend indicator has given a bullish signal yesterday, buyers can take advantage of this bullish signal. Thus, Stoch RSI continues to rise and has moved into overbought territory. Furthermore, the Average Directional Index is suggesting strength in bullish momentum for the core Attention coin.
BAT investors are approaching the crucial $1.0 resistance level, where buyers may again face a retracement phase. The coin could shoot up once the bulls successfully maintain the price above $1.0.
Resistance level- $0.95 and $1.4
Support level- $0.60 and $0.40
The BAT token is observing above the 20 and 50-day moving average in terms of the daily price chart.
With reference to the daily price chart, the Supertrend indicator has given a bullish signal yesterday, buyers can take advantage of this bullish signal. Thus, Stoch RSI continues to rise and has moved into overbought territory. Furthermore, the Average Directional Index is suggesting strength in bullish momentum for the core Attention coin.
BAT investors are approaching the crucial $1.0 resistance level, where buyers may again face a retracement phase. The coin could shoot up once the bulls successfully maintain the price above $1.0.
Resistance level- $0.95 and $1.4
Support level- $0.60 and $0.40
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