Price Analysis

Basic Attention Token Price Analysis: BAT Escalating In The Red Zone, Below The Baseline

Brave, a new elegant browser recently tweeted for the users to switch their browsers and earn BAT coin by advertising about the same. This will not compromise the privacy of the user as well. So who else did the same?

Let’s see if this marketing strategy could change the price statistics on BAT chart.

Price Analysis of BAT on 7th July 2019

Currently, the trading value of BAT is seen at $0.298 at 07:53 UTC time on 7th July 2019. The other essentials are as follows:

  • Return of Investment: 75.84%
  • Market Ranking: @31
  • 24 Hour Volume: 20,860,491 USD
  • Market Cap Value: 376,579,656 USD
  • Total supply/Circulating Supply: 1,500,000,000 BAT/ 1,273,006,300 BAT
  • 7 Day high/low: 0.345007 USD / 0.290251 USD

BAT Coin Comparison

BAT price chart - july 7

In the past few days, one can analyze that the initial lower touchdown was realized on 2nd July at 13:35 UTC time. In a few hours, however, around 23:55 UTC time, the value was increased by 7.30% trading at $0.321. But seems like this was the last highest we saw till date. The value by 3rd July at 19:00 UTC time, it was dropped by -5.28% trading at $0.305. In fact, the lowest touch down after 2nd July was seen on 5th July when the value went further down by -4.56% trading at $0.29 at 07:40 UTC time.

However, the value is now increased by 2.54% from then.

BAT Prediction and Conclusion

BAT is known as one of the acceptable long term investment for investors. However, the value might be surging in the southern zone of Bearish nature, but it is hoped to rise soon enough! People are quite confident on BAT, and waiting for the price to rise high.

But as of now, it might be an ideal time for new investors to buy BAT and enjoy the profits in the near future. And for the existing investors, the only solution is to wait calmly! With the recent trends, the valuation of BAT might reach to the upside of $0.7 by the end of 2019.

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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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