Basic Attention Token Price Prediction Today: Daily (BAT) Value Forecast – July 1
- The coin is trading in a tight range between the levels of $0.30 and $0.40.
- On the upside, if the bulls break the EMAs, the crypto's price will rise to test the upper price range.
BAT /USD Medium-term Trend: Ranging
- Resistance Levels: $0.36, $0.38, $0.40
- Support Levels: $0.32, $0.30, $0.28
Last week the price of BAT was in a sideways trend. The coin is trading in a tight range between the levels of $0.30 and $0.40. The 12-day EMA and the 26-day EMA were sloping horizontally in between price range. Today, the bulls are making an upward move to break the EMAs. On the upside, if the bulls break the EMAs, the crypto's price will rise to test the upper price range.
The bulls were resisted as the price fell below the EMAs .The crypto’s price is below the EMAs which suggest that price is likely to fall. The crypto’s price is also characterized by small body candlesticks like the Doji and the Spinning tops.
The candlesticks described the indecision between the buyers and the sellers at the current market price. The small body candlestick contributes to the choppy price action. Meanwhile, the BAT price is in the oversold region of the daily stochastic but above the 20% range. This indicates the price is in a bullish momentum and a buy signal.
BAT/USD Short-term Trend: Bullish
On the 1-hour chart, the price of BAT is in a bulliah trend zone. The moving averages are sloping horizontally. On June 23, the bulls were resisted at the $0.34 price level as the price fell to the support $0.32 price level. Meanwhile, the BAT price is in the oversold region of the daily stochastic but above 50% range. This indicates that price is a bullish momentum and a buy signal.
Live Basic Attention Token (BAT) Price:
1 BAT/USD =$1.1262 change ~ 0.81%
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