Battle Infinity Price Prediction – IBATUSD Price Recovery Targets $0.03000

Battle Infinity Price Forecast: IBATUSD Price Recovery Set to Target the $0.03000 Supply Mark (November 3)
It is time to grow again for the IBATUSD pair as the cryptocurrency maintains stability in possible readiness for upside moves today.

The IBATUSD price recovery is set to target the $0.03000 mark, 867% increase on the current price.

P2E Game Battle Infinity‘s IBAT token is currently testing the $0.003159 resistance trend line. Indeed, IBAT might deliver more upside if the bulls take encouragement. At the time of writing, the IBAT price has increased to a high of $0.003116, and a target in the higher $0.030s might come into play.

Key Levels:
Resistance Levels: $0.005100, $0.005200, $0.005300
Support Levels: $0.003200, $0.003100, $0.003000

Battle Infinity IBAT (USD) Long-term Trend: Bullish (1H)

The Battle Infinity market is showing bullish momentum on a longer-term view. The trend is rising and the price has not yet reached its goal.

The price distribution of the coin at the moment is above the EMA-9 level and is trying to reach the EMA-50. This indicates that bulls are gradually gaining confidence and could be in the ascendancy soon.

Therefore, if the 1-hourly chart closes above the $0.5500 trend line, further bearish sentiment will be invalidated.

Also, the stochastic oscillator at around 57 is approaching the overbought region, suggesting that the coin is in an uptrend. This implies that the bullish correction pattern will likely continue. If this is achieved, the $0.03000 upper resistance level might be the target in the coming days on the longer time frame.

IBAT (USD) Short-term Trend: Bullish (15-Minutes)

IBATUSD can be seen in a gentle uptrend in its shorter time frame. The coin is losing bearish momentum as it rises above the $0.003100 resistance level on the 15-minute chart opening today.

Despite the inflow from the short traders, buyers successfully pushed the coin price up to $0.03116, above the moving averages mentioned earlier as the journey north continues. This suggests an uptrend, as well as an indication that buyers are actually investing in the coin at present. 

In conclusion, the Battle Infinity price may rise further as bulls are seen clustered around the market and the stochastic oscillator is trending upwards. The next bull ride could reach the $0.03000 on the basis of technicals but also the fundamentals.

Battle Infinity to list on a major exchange next week

Battle Infinity is expected to list on another major exchange as earlier as next week and has even launched a competition to 
see if community members can guess which exchange it is.

However, it is the metaverse possibilities for its fantasy sports leagues that catches the eye. The platform’s IBAT Premier League is targeting the largest cricket league in the world – the Indian Premier League (IPL).

There are already legacy companies taking the same tack, such as market leader Dream11, which is an official partner of the IPL and had in 2020 100 million registered users.

If IBAT takes only a fraction of those users then its price cold easily 100x, taking the price way beyond $0.030.

IBAT Staking was launched a month or so ago and the total valued locked is already at $4.7 million.

You can buy IBAT on the LBank exchange.

$IBAT is listing on one of the top most exchange by next week. Make the correct guess and stand a chance to win some $IBAT as reward. https://t.co/kTaquBGWVL

— Battle Infinity (@IBATOFFICIAL) November 2, 2022

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