BASIC ATTENTION TOKEN Price Prediction Today: Daily (BAT) Value Forecast – July 24
- On July 23, a notable bearish candlestick occurred to push against the SMA and the Bollinger Lower Band trend-lines downward to the south to trade around a low value at $0.22 mark.
- There has been no reliable signal for the bulls in this crypto-trade as it may still take a while.
BAT/USD Medium-term Trend – Bearish
- Distribution territories: $0.28, $0.30, $0.32
- Accumulation territories: $0.20, $0.18, $0.16
There is a small note of bearish move in the BAT/USD market worth since lately trading sessions on July 20 until the present. The crypto’s trend was formerly in a range moving manner embodied by $26 and $24 price territories. On July 23, a notable bearish candlestick occurred to push against the SMA and the Bollinger Lower Band trend-lines downward to the south to trade around a low value at $0.22 mark.
The Bollinger Middle Band and the 50-day SMA are now around the $0.24 point. The Stochastic Oscillators now move in a consolidation mode around range 20 near into the oversold zone.
The BAT/USD trade may in the form of slow-down moves in price continue to lose out in strength below the trend-line of the SMA indicator. However, if the buyers can breathe life back into the crypto-market, the price will push against, and beyond the trend-line of the SMA trading indicator to then have a bullish market.
BAT/USD Short-term Trend – Ranging
Today’s short-term market operations of BAT/USD have featured in ranges of $0.23 and $0.22 price territories as at the time of writing. Yesterday, the market’s trend was in a bearish outlook. Price has been trying to move up in the range spots. The indicators bent slightly towards the south-east to suggest that there could be a chance for a downturn in the market. The Stochastic Oscillators have opened the hairs against range 60 to the north.
The bears may find an entry around $0.24 and $0.23 under short-term settings to launch back in the market. There has been no reliable signal for the bulls in this crypto-trade as it may still take a while.
Basic Attention Token (BAT):
Live Basic Attention Token (BAT) Price:
1 BAT/USD =$0.4791 change ~ -5.45%
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