- BAT coin price over the monthly chart is trying to sustain above its all vital moving averages of 20, 50, 100, and 200-day lines.
- The crypto asset is presently trading on a mixed note while comfortably placed above the 20-DMA line, with lower volume action.
- The pair of BAT/BTC is trading at 0.00001409 BTC with a 24-hour loss of -2.14%, and the ratio of XRP/ETH is CMP at 0.0002101 ETH with a minor dip of -0.62%.
BAT coin price over the monthly chart is trading near the vital moving averages of 50, 100, and 200-day lines. While jumps above its short-term moving averages of 20-day lines. The coin was trading under the bearish note after the sharp selloff from the higher levels, but the recent buying action from the lower levels pulled the token higher. Volume over the monthly chart is lower and needs to grow strongly in upcoming trading sessions. We can see the next lap of bullish momentum in forthcoming trading sessions if the coin sustains above all DMA lines.
BAT token can regain its $0.1000 mark in upcoming trading sessions if the coin price sustains above all DMA lines. Support on the lower side is $0.6845 and $0.5920, whereas resistance on the higher side is $0.7510 and $0.8140.
BAT coin at the weekly chart faces minor rejection on the higher side
BAT coin at the weekly chart faces minor rejection on the higher side, and the technical parameters also indicate softness. The digital asset at the weekly chart is trading on a slightly bearish note, while volume action is lower. Volume over the weekly chart is lower and needs to grow sharply for a strong reversal in the upcoming trading sessions. BAT price is trading at $0.7060 with an intraday di[ of -2.28%, and the volume to market cap ratio is 0.1965.
Relative Strength Index (BEARISH): BAT coin RSI is trading on a bearish note after testing the overbought or higher levels. The coin is currently trying to move towards the lower zone and CMP at 49.
Moving Average Convergence Divergence (BEARISH): The daily chart indicates a negative trend at the 4-hour time frame. At the same time, the buyer’s signal line (green) is trading under pressure and fails to suppress the seller’s line (red).
Support levels: $0.6845 and $0.5920
Resistance levels: $0.7510 and $0.8140.
