Basic Attention Token Price Prediction Today: Daily (BAT) Value Forecast – June 24
- The coin was trading in a tight range between the levels of $0.30 and $0.40.
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 was 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 the price range. The direction of the BAT market was towards the lower price range. Last week, June 15, the bulls made an upward move above the EMAs and tested the $0.36 price level.
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.
These 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 above the 20% range. This indicates the price is in a bullish momentum and a buy 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 the 26-day EMA are sloping horizontally. On June 23, the bulls were resisted at the $0.34 price level as the price fell to the support level at $0.32 price level. Meanwhile, the BAT price is in the oversold region of the daily stochastic but above 40% range. This indicates that price is a bullish momentum and a buy signal.
Live Basic Attention Token (BAT) Price:
1 BAT/USD =$1.5447 change ~ 6.55%
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