Basic Attention Token market update: BAT/USD shows bullish signs

Basic Attention Token market update: BAT/USD shows bullish signs
фото показано с : coinjournal.net

2020-7-2 14:54

The BAT/USD trading pair is about 2% down on the day, though sentiment remains bullish given spot trading volume and transaction count are rising

Most of the altcoin market is trading lower as of press time, with leading altcoins Ethereum, Ripple, Bitcoin Cash and Litecoin all turning red on the hourly charts.

The same picture is replicated by ERC-20 tokens, with Basic Attention Token trading lower at 2% and 1.75% down in the past 24 hours respectively.

BAT/USD short-term price analysis

The BAT/USD pair is trading with a bullish bias on the daily charts and the 4-hour charts. The pair has lost 2% of its value and price is currently trending lower within a descending channel.

As of press, increased buying is seeing the token’s price print lower lows, with support for higher prints limited by the upper boundary of the channel.

Although prices are likely to dip further, there is a buy signal that has formed on the shorter and medium-term timeframes. BAT/USD could thus break above $0.26 resistance marked by the 23.6% Fibonacci retracement.

BAT/USD 4-hour trading chart (Price feed Kraken). Source: TradingView

On the downside, immediate support is at $0.25 and a dive below it would mean bulls will have to defend prices at the 100-day moving average at $0.246.

Network highlights

According to data from Coin360, Basic Attention Token has a market cap of $370 million and just under $16 million worth of the token has been traded in the past 24 hours.

Free float supply on the Basic Attention Token network has increased over the past month, helped by a surge in interest in DeFi and yield farming. According to Coin Metrics, around 10 million BAT tokens have entered supply since the Compound farming craze hit the market two weeks ago.

The token has seen an upsurge in transaction count, with the seven-day rolling average showing a sharp rise in June. Transactions hit an all-time high at 13,630 on June 27.

A chart showing a spike in transaction count for BAT and ZRX. Source: Coin Metrics

Basic Attention token has also seen an uptick in its trading volume, the highest since the March crypto crash.

Graph showing an increase in spot trading volume. Source: Coin Metrics

BAT/USD currently trades at $0.252 on most major exchanges, although the token’s price has spiked over 8% on US crypto exchange Gemini.

BAT/USD price on Gemini has spiked 8%. Source: TradingView

The post Basic Attention Token market update: BAT/USD shows bullish signs appeared first on Coin Journal.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

CK USD (CKUSD) на Currencies.ru

$ 0.2153 (+0.52%)
Объем 24H $0
Изменеия 24h: 0.67 %, 7d: -2.33 %
Cегодня L: $0.2128 - H: $0.2153
Капитализация $0 Rank 3492
Цена в час новости $ 0.2167 (-0.65%)

usd bat basic bullish shows signs update

Источник: coinjournal.net

usd bat → Результатов: 53


Basic Attention Token Price Analysis BAT / USD: Vulnerable

Basic Attention Token is back under pressure after surging higher over the weekend The BAT / USD pair found strong medium-term resistance from a falling wedge pattern Substantial bearish MACD price divergence is still present on the daily time frame Basic Attention Token is back under downside pressure as the broader cryptocurrency market slides lower, […] The post Basic Attention Token Price Analysis BAT / USD: Vulnerable appeared first on Crypto Briefing.

2019-9-25 16:32


Basic Attention Token Price Analysis BAT / USD: Pressed Down

The four-hour time frame shows a bearish head and shoulders pattern forming The daily time frame highlights negative MACD price divergence extending down to the 0.150000 level Basic Attention Token has broken below a long-time price channel on the daily time frame Basic Attention Token is still showing few signs of recovery as the cryptocurrency […] The post Basic Attention Token Price Analysis BAT / USD: Pressed Down appeared first on Crypto Briefing.

2019-9-6 16:33


Basic Attention Token Price Analysis BAT / USD: Small Improvements

Basic Attention Token has a bullish short-term trading bias, with the cryptocurrency recovering back above its 200-period moving average on the four-hour time frame The four-hour time frame shows that the BAT / USD pair is trading within a rising price channel The BAT / USD pair remains technically bearish below its 200-day moving average […] The post Basic Attention Token Price Analysis BAT / USD: Small Improvements appeared first on Crypto Briefing.

2019-7-29 16:13


Basic Attention Token Price Analysis BAT / USD: The Razor’s Edge

Basic Attention Token has a bearish short-term trading bias, with the cryptocurrency trading under its 200-period moving average on the four-hour time frame The four-hour time frame shows that a bearish breakout is still underway from a neutral triangle pattern The daily time frame continues to show a head and shoulders pattern breakout in progress […] The post Basic Attention Token Price Analysis BAT / USD: The Razor’s Edge appeared first on Crypto Briefing.

2019-7-20 17:15


Basic Attention Token Price Analysis BAT / USD: Looming Bears

Basic Attention has a bearish short-term trading bias, with the cryptocurrency now trading below its 200-period moving average on the four-hour time frame The four-hour time frame shows the presence of a bearish head and shoulders pattern The daily time frame highlights that a neutral triangle pattern has formed Basic Attention Token / USD Short-term […] The post Basic Attention Token Price Analysis BAT / USD: Looming Bears appeared first on Crypto Briefing.

2019-7-6 15:57


Basic Attention Token Price Analysis BAT / USD: Failing To Support

Basic Attention Token has a bearish short-term trading bias, with the cryptocurrency now trading below its 200-period moving average on the four-hour time frame Basic Attention Token has a negative medium-term outlook, with price now creating bearish lower lows Bearish MACD price divergence remains present on the daily time frame Basic Attention Token / USD […] The post Basic Attention Token Price Analysis BAT / USD: Failing To Support appeared first on Crypto Briefing.

2019-6-11 15:53


BAT / USD Price Analysis: Lost Momentum

Basic Attention Token has a neutral short-term trading bias, with the cryptocurrency falling back towards critical technical support BAT has a bullish medium-term outlook, with price trading well above the pair’s 200-day moving average Bearish MACD price divergence remains present on the daily time frame Basic Attention Token / USD Short-term price analysis BAT has […] The post BAT / USD Price Analysis: Lost Momentum appeared first on Crypto Briefing.

2019-5-6 18:08


BAT / USD Price Analysis: Moving Higher

Basic Attention Token has a bullish short-term outlook, with buyers still fully in control of price-action BAT / USD also retains its strong bullish medium-term trading bias The daily time frame shows that a large inverted head and shoulder may be in the process of forming Basic Attention Token / USD Short-term price analysis Basic […] The post BAT / USD Price Analysis: Moving Higher appeared first on Crypto Briefing.

2019-4-20 16:26


Basic Attention Token / USD Technical Analysis: Third Peak

Basic Attention Token has a bullish short-term trading bias, with price trading at its highest level since November 2018 The BAT / USD pair’s medium-term outlook remains bullish, with price trading above its 200-day moving average Bearish MACD divergence is present on the four-hour and daily time frames Basic Attention Token / USD Short-term price […] The post Basic Attention Token / USD Technical Analysis: Third Peak appeared first on Crypto Briefing.

2019-4-18 17:57


Bittrex запустила торги в парах BAT/USD и BCHSV/USD

Криптовалютная биржа Bittrex открыла торги Basic Attention Token (BAT) и Bitcoin Cash SV (BCHSV) в парах с американским долларом. Как сообщается, обновление станет доступно пользователям, удовлетворяющим требованиям криптобиржи, автоматически.

2018-12-28 23:41


Фото:

Coinbase doubled its cryptocurrency lineup in 2018 — and that’s just the beginning

With yesterday’s addition of Zcash (ZEC), popular exchange service Coinbase has more than doubled its cryptocurrency lineup in 2018 – and by the looks of it, the trend is here to stay. Up until August, Coinbase supported a narrow inventory of cryptocurrencies on its flagship desktop and mobile apps, including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Bitcoin Cash (BCH), the last one of which was added last December.

2018-12-6 20:26


Фото:

Coinbase Lists Basic Attention Token

Coinbase has confirmed that the Basic Attention Token will be the next token to be listed on the platform, with trading to begin within hours.  In a blog post published today, the San Francisco-based exchange announced that BAT would join 0x, Circle USD, two forks of Bitcoin and the two Ethereums on the  trading platform, potentially putting […] The post Coinbase Lists Basic Attention Token appeared first on Crypto Briefing.

2018-11-3 23:44


дальше еще 4 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Crypto Analyst: Bull Market Hinges On This Indicator Reaching 45%

In a detailed post on X, crypto analyst Jamie Coutts outlined various indicators he monitors to gauge when the market might pick up bullish momentum. Crypto Market Might Be In The Final Stage Of The Bearish Phase Coutts, Chief Crypto Analyst at the financial knowledge and education platform RealVision, noted that the cryptocurrency market has gradually declined.