Price Analysis

Basic Attention Token Price Analysis: BAT Embarks Price Recovery; Coin Revives and Trades at $0.24

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Basic Attention Token (BAT) gets widely affected by the movement of Bitcoin and Ethereum. As per the current scenario, Ethereum is rising up on the chart and so is Basic Attention Token (BAT). The coin has suffered a lot in the last month. The downtrend disturbed the price momentum of Basic Attention Token (BAT).

Well, the storm is passed and all we are left with is the good times. We are positive about the growth of the coin. In the coming days, the currency would be seen touching news highs. To understand the momentum of Basic Attention Token (BAT) more precisely let’s have a look at the price chart.

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BAT to USD Price Chart:

The chart is taken from Trading View on 05th August 2019 at 08:32:06 UTC for price analysis.

Basic Attention Token Price Prediction- August 05
BATUSD Price Chart by TradingView

Five days ago, the coin opened at the trading price of $0.243. The coin escalated to $0.253 from $0.243 by 4.74%. The intraday progression was of 1.19% as the coin closed at $0.246. The first day of August booked a heavy fall in BAT. The currency dropped by 4.61% as the coin slipped from $0.24 to $0.23.On 2nd August, the coin registered an improvement by 0.45% because the opening and closing price was $0.234 and $0.235. On 3rd August the coin again fell by 2.10%. The price counters changed from $0.235 to $0.230. Yesterday, the coin jumped from $0.230 to $0.239 by 3.86%. Today, the coin has again registered a progression of 1.07% because the price took a leap from $0.239 to $0.242.

BAT to USD Price Statistics:

  • The price of the coin is $0.23910.
  • The ROI is marked as 42.71%.
  • The coin is top-ranked in the crypto market.
  • The 24hr Volume stands around $28,250,360.
  • The market cap is noted as $305,992,953.
  • The circulating supply has 1,274,575,522 BAT.

BAT Price Prediction and Conclusion:

Basic Attention Token (BAT) has tamed the bulls. The coin would soon be seen touching higher counters. The investment in the coin wouldn’t go in vain. The traders can dig in with a high prospect of profit from the coin. The coin would be best suited for short-term investment. The long-term could be a bit risky hence we aren’t recommending that same. The coin is speculated to touch $0.35 by the end of 2019. In the coming years, Basic Attention Token (BAT) could be seen dealing with a 4% to 5% profit.

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.

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