Basic Attention Token (BAT) Trades In Green, Are The Bulls Back In Business? How High Will BAT Go?

Basic Attention Token News Today – Basic Attention Token has grown exponentially this year alone. The native token of the decentralised brave browser was able to maintain the bullish pressure even when many other cryptocurrencies were trading in the red this year. A few months ago, per our Basic Attention Token News, the cryptocurrency was recording double digit gains smashing new resistance at any given opportunity. It move from below $0.20 to above $0.40 where it has found support against the USD. However, the BAT token has been having difficulty rising lately along with the rest of the altcoin market. Instead of record exceptional gain, it was underperforming the market until recently. Now that the bulls have decided to show up, how high will the Basic Attention Token price go?

Basic Attention Token News – Basic Attention Token Latest Update – How High Will Basic Attention Token Surge?

The altcoin market has been bullish for a while now even if the price of BAT wasn’t performing as well as expected. While occasional downward corrections are expected, it is important to note that the year 2019 is bullish for cryptocurrencies. This time last year cryptocurrencies were losing their 2017/2018 bull run gains. Now, they are trying to recover some of the loses. So, even if the prices didn’t do well last week, most cryptocurrencies, including Bitcoin, are bullish on a year to date level.

Over the last 24 hours, the price of Basic Attention Token has been bullish. In our Basic Attention Token news yesterday, we talked about how the cryptocurrency was able to surge above the $0.3355 level. However, there were no strong support levels at the time indicating that the bulls still didn’t have full control of the market. Considering the fact that the price of Basic Attention Token started the day trading at $0.3265, this move upward should be commended. It moved up by 2.72% within a 24 hour period and started falling back to the $0.32 level this morning. The main problem is that there has been no significant support level formed yet. This means that it would be difficult for basic Attention Token to maintain the bullish pressure long-term.

Basic Attention Token News Today – Current Price Of Basic Attention Token – How High Will BAT Price Go?

The truth is that in as much as a bullish wave would is needed, the price of the Basic Attention Token isn’t going to be bullish mid or long-term not until the buyers are more decisive and strong support levels are formed. The good thing is that the Brave Browser is making a lot of progress so there is a high chance that this would eventually reflect on the price of the Basic Attention Token.

Ethereum (ETH) Price Today – ETH / USD

Name Price24H (%)
Ethereum (ETH)
$210.35
-8.80%

At the time of writing, the price of the Basic Attention Token was $0.331138. This means that it is up by 0.10% against the USD, down by 1.29% against BTC, and 3.13% against ETH. The trading volume over a 24 hour period is $38,116,046 and the market capitalization is $420,193,354. The next few trading sessions will determine if the price of Basic Attention Token will change or not.

What do you think about our BAT price prediction in our Basic Attention Token news today? Will the price of BAT rise or fall near-term? Share your thoughts in the comment section below.

Ufuoma Ogono is a cryptocurrency writer with over 3 years experience in the cryptocurrency industry. She dedicates her time to sharing valuable information to members of the cryptocurrency community.

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