BAT/USD Breaks Above $0.200 Level

On Aug 3, 2023

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The Basic Attention Token price prediction renews the bullish trend after crossing above the moving averages to touch the daily high at $0.209.

Basic Attention Token Prediction Statistics Data:

Basic Attention Token price now – $0.204
Basic Attention Token market cap – $304.4 million
Basic Attention Token circulating supply – $1.48 billion
Basic Attention Token total supply – $1.5 billion
Basic Attention Token Coinmarketcap ranking – #101

BAT/USD Market

Key Levels:

Resistance levels: $0.250, $0.255, $0.260

Support levels: $0.165, $0.160, $0.155

BATUSD – Daily Chart

BAT/USD is likely to follow an upward roll as the coin moves to cross above the upper boundary of the channel. The Basic Attention Token price is currently hovering above the 9-day and 21-day moving averages. However, a possible bullish cross above the channel may push the coin to the higher side.

Basic Attention Token Price Prediction: BAT May Cross into the Higher Side

The Basic Attention Token price is at the time of writing recovering toward the resistance level of $0.210. However, the Basic Attention Token (BAT) could create additional highs if the coin crosses above the channel. Meanwhile, from above, more hurdles may come into play and of course, the nearest resistance level may be located at $0.210.

However, the trend remains in the hands of the bulls supported by the technical indicator where the Relative Strength Index (14) moves above the 50-level, Meanwhile, a break above $0.210 and $0.215 resistance levels may most likely push the coin to the potential resistance levels at $0.250, $0.255, and $0.260 while a break below the 9-day and 21-day moving averages could lead to the supports of $0.165, $0.160, and $0.155 respectively.

Against Bitcoin, the BAT price is consolidating to the upside and trading above the 9-day and 21-day moving averages. Meanwhile, the bulls are now pushing the price toward the upper boundary of the channel; moving near this barrier could take the price to the resistance level of 830 SAT and above.

However, if the coin decides to follow the downtrend, crossing below the 9-day and 21-day MAs could bring it to the critical support level of 600 SAT and below. Meanwhile, the technical indicator Relative Strength Index (14) is moving to cross above the 60-level, suggesting more bullish signals.

Basic Attention Token Alternatives

Looking at the daily chart, if the Basic Attention Token price crosses and stay above the 21-day moving average, it is likely to break above the upper boundary of the channel if the buyers put more pressure. However, the daily chart reveals that if the 9-day MA crosses above the 21-day MA, it may confirm the presence of the bulls in the market.

On that note, it’s clear that the Wall Street Memes token which is a new meme coin currently in presale, has established an enormous following and looks poised to mint a new set of crypto millionaires. Meanwhile, the token has now raised almost $21 million in its ongoing presale phase.

Wall Street Memes – Next Big Crypto