Basic Attention Token Price Analysis: BAT Again Becomes Unable To Hold Its Bull Trend

eToro

The market condition is still the same, and this makes it evident enough to understand that altcoin like Basic Attention Token will remain in the Verge to lose their value to BTC at any time and that even to a major extent. Although, it is trying hard to retain its positive value, but as there is no significant support level, it is ought to deter down steeply. The market condition is also declining with no sign of improvements, and that is the reason why the condition of BAT can even get worse than its current situation in the upcoming days.

BAT Coin Current Status:

Price in USD: 0.2900 USD

eToro Crypto

Price in BTC: 0.00002554 BTC (UTC time 08:15)

Circulating supply: 1,271,156,300 BAT

Market cap: 372,775,744 USD

Market rank:  31

BAT Price Prediction And Future Analysis:

BAT price chart - june 28

From the above 5-day BAT price chart, it is evident that from 22nd June to 25th June, Basic Attention Token (BAT to USD) had got traded in bullish values only. Although, its value fluctuated but, it remained in the bullish zone for three consecutive days at a stretch. On 22nd June, it attained a good height of 0.3407 USD and yesterday only, and it was traded at a value as low as 0.2757 USD. In spite of trading in the bullish zone for three days at a stretch, BAT cannot pick up its momentum that high, and this is the reason why it is still deprived of an effective support level. It is now declining steadily after having traded in the bullish range for three days in this intense volatile market condition. Within a span of 5 days, the value of BAT has been reduced by 14.88%. On the basis of the above facts, we think that in the upcoming days, BAT can trade around $0.3176.

Conclusion

The market volatility has not reduced even at the slightest amount so, fluctuations in BAT’s value will be inevitable. This is the reason why it is still not the right time for the investors to consider investing in this crypto.

Trevor Holman

Trevor Holman follows crypto industry since 2011. He joined CryptoNewsZ as a news writer and he provides technical analysis pieces and current market data. He is also an avid trader. In his free time, he loves to explore unexplored places.

Related Articles

Back to top button