RATE Group | This Bullish Cryptocurrency is Asking for Investors’ “Attention”
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This Bullish Cryptocurrency is Asking for Investors’ “Attention”

13 Jan This Bullish Cryptocurrency is Asking for Investors’ “Attention”

Posted at 09:36h in Cryptocurrency News by

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It is an ideal time to open a long position on the popular cryptocurrency BAT, according to prominent Twitterati Crypto Michaël.

The full-time stock and crypto trader said on Monday that BAT could undergo a massive upside swing that ranges from anywhere between 29 percent and 135 percent. He based his prediction upon his belief that the cryptocurrency is in a strong accumulation zone, noting that the price support area around 2,300-2,450 satoshis could attract traders en masse.

“I’m aiming to see whether 2450 or 2300 hold as support,” said Mr. Michaël.

bat, bitcoin, cryptocurrency

The BAT-to-BTC exchange rate awaiting additional upside momentum | Source: TradingView.com, Binance

The analyst’s personalized BAT/BTC chart reflected the 2463-support level’s ability to maintain an upside bias. The level earlier served as strong support against two bearish attempts witnessed during the November and December 2019 trading sessions. Each selling onslaught was met with significant buying pressure that allowed…

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