Basic Attention Token Price Prediction Today: Daily (BAT) Value Forecast – July 8
- The coin is currently fluctuating between the levels of $0.30 and $0.40.
- The crypto’s price is also characterized by small body candlesticks like the Doji and the Spinning tops.
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. There has been no significant price movement in the last two months. On June 27, the bears broke the lower price range to reach the low at $0.2800. The bulls made an upward correction by pulling back price into a range bound zone. The coin is currently fluctuating between the levels of $0.30 and $0.40. The moving averages were sloping horizontally in between price range.
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 choppy price action.
Meanwhile, the BAT price is in the oversold region of the daily stochastic but below the 40% range. This indicates the price is in a bearish momentum and a sell signal.
BAT/USD Short-term Trend: Ranging
On the 1-hour chart, the price of BAT is in a sideways trend zone. The 12-day EMA and 26-day EMA are sloping horizontally. The crypto’s price is ranging below the EMAs indicating the price is likely to fall. Meanwhile, the BAT price is in the oversold region of the daily stochastic but below 20% range. This indicates that price is a bearish momentum and a sell signal.
Live Basic Attention Token (BAT) Price:
1 BAT/USD =$1.4227 change ~ 1.56%
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