- Basic Attention Token price rallying bearish followed by the bear market in the whole cryptocurrency market.
- Kripto varlık 20, 50, 100 ve 200 günlük Günlük Hareketli Ortalamanın altında işlem görüyor.
- The pair of BAT/BTC is at 0.00001287 BTC with an intraday drop of 4.57%.
Basic Attention token price is trading with a strong downtrend momentum over the daily chart. The token is trading below a downward sloping line and it should thrive to break out through the trendline. However, the bear looks pretty determined with this downtrend momentum in the bear market. BAT coin is facing short-selling pressure from the last few trading sessions. BAT coin must avoid getting caught in the short-sellers clutch. BAT investors might get disturbed by this momentum of BAT and may witness the token’s fall till half of its current value. As support lies at $0.20 if BAT fell from the current level.
Basic Attention token price is presently CMP at $0.37 and has lost 7.01% of its market capitalization in the last 24-hour period. However, trading volume is still up by 5.51% in the intraday trading session. This shows that BAT coin is still having buyers attracted and now BAT investors need to wait for any directional change over the chart. The volume to market cap ratio is 0.1372.
BAT investors are waiting for the token’s recovery over the daily chart. However, the consequences of the bear market can be seen over the token and now the whole cryptocurrency market is experiencing a bloodbath as BTC slips below the $30000 mark. The BAT coin must attract more buyers in order to avoid being caught by the bearish trap. Meanwhile, the change in the gradually falling volume değişiklik signifies the token’s fall over the daily chart.
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Teknik Göstergeler BAT hakkında ne önerir?
BAT coin must attract more buyers to hike above the downward sloping line over the daily chart. BAT investors need to wait for the token to surge towards the trendline and it seems pretty difficult for the token to surge upwards in situations like bear market over the whole cryptocurrency market. Technical Indicators haven’t signalled anything yet for the BAT coin.
Relative Strength Index haven’t signalled anything itibaren the last few trading sessions. RSI is at 33 and investors can expect any directional change below 30.
MACD exhibits that the MACD line is heading toward the signal line for a crossover. However, bears may interrupt the momentum in between.
Sonuç
Basic Attention token price is trading with a strong downtrend momentum over the daily chart. The token is trading below a downward sloping line and it should thrive to break out through the trendline. BAT investors need to wait for the token to surge towards the trendline and it seems pretty difficult for the token to surge upwards in situations like bear market over the whole cryptocurrency market. Technical Indicators haven’t signalled anything yet for the BAT coin.
Teknik Seviyeler
Destek Seviyesi: 0.20 $
Feragatname
Yazar veya bu makalede adı geçen kişiler tarafından belirtilen görüş ve görüşler yalnızca bilgilendirme amaçlıdır ve finansal, yatırım veya başka bir tavsiye içermez. Kripto varlıklarına yatırım yapmak veya alım satım yapmak, finansal kayıp riskiyle birlikte gelir.
Source: https://www.thecoinrepublic.com/2022/05/20/basic-attention-token-price-analysis-bat-coin-support-resides-at-half-the-value-will-it-rally-to-0-20/