Basic Attention Token Price Prediction Today: Daily (BAT) Value Forecast – June 10
- The crypto's price is fluctuating between the levels of $0.30 and $0.40.
- On the downside, if the BAT price falls, the downward correction is likely to reach the low of $0.30 or $0.36 price level.
BAT /USD Medium-term Trend: Ranging
- Resistance Levels: $0.45, $0.50, $0.55
- Support Levels: $0.30, $0.25, $0.20
Last week the BAT price was trading in a sideways trend. In the previous week, the crypto's price was ranging below the 12-day EMA and the 26-day EMA. The crypto's price is fluctuating between the levels of $0.30 and $0.40. The BAT coin is in a choppy price action as the price bars are not evenly apart. The crypto's price is characterized by small body candlesticks like the Doji and the spinning tops which described the indecision of buyers and sellers at the current market price.
The crypto's price is below the EMAs which indicates the price is likely to fall. On the downside, if the BAT price falls, the downward correction is likely to reach the low of $0.30 or $0.36 price level. Meanwhile, the BAT price is in the oversold region of the daily stochastic but below the 20% range. This indicates the price is in a bearish momentum and a sell signal.
BAT/USD Short-term Trend: Ranging
On the 4-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 fluctuates below and above the EMAs. The BAT price is fluctuating between the levels of $0.32 and $0.38. Meanwhile, the daily stochastic has reached the oversold region but above 20% range. This indicates that price is a bullish momentum and a buy signal.
The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.
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