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Price Analysis

Basic Attention Token Price Analysis: BAT Price Made a Huge Bounce Back In The Intraday Trading Amidst The Bear Market

Basic Attention Token was trading around 0.25245514 USD on 22nd Aug. Nevertheless, today after 25-days, the cryptocurrency has declined by a substantial margin of 29.06%. In the weekly trading as well, the coin has gone down by 11.6% from the trading value of 0.20184011 USD on August 10. In yesterday’s trading, however, the altcoin has shown a considerable amount of strengthening. After opening at 0.168801 USD, it made a bounce-back of 10.77% and wrapped the day at 0.186974 USD.

Current Statistics of BAT:

  • On August 14, at UTC 10:01, BAT price was trading around $0.179089.
  • Against Bitcoin, the crypto was valued around 0.00001782 BTC.
  • Additionally, the market cap of the cryptocurrency was around 228,968,916 USD.
  • 24-hour trading volume in the altcoin was 27,064,799 USD.
  • With an ROI of 6.40%, a total of 1,279,225,522 tokens were circulating in the market at the time of writing.

Basic Attention Token Price Prediction & Conclusion:

BAT price prediction
BAT price chart by TradingView

Although the long-term trend showed a negative action in the crypto, the intraday action was consolidating for the investors. If the current movement persists, Basic Attention Token will soon be able to achieve its earlier stature. For now, the immediate resistance for the coin is at 0.194069 USD, and the support level is at 0.173036 USD.

The tipping mechanism in the brave browser has made quite a buzz regarding the crypto. As far as trends are concerned, the short-term seems to be a bit bullish.

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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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