Basic Attention Token Price Analysis: BAT Retraces After Coinbase Effect Boost, but up 4% Today

2018-11-13 19:54

Known as the Coinbase effect, cryptocurrencies typically undergo appreciation upon listing to Coinbase. Basic Attention Token (BAT), the most recent cryptocurrency to list on Coinbase Pro, did receive a price boost of up to 50% leading up to and after the event, but then sharply declined for consecutive days losing all the gains. However, BAT is one of the top altcoin performers today recording a strong 4% gain.

Coinbase announced on the 2nd of November that it would be listing BAT. The coin appreciated upon the news and moved from around $0.25 to a high of near $0.39 on the 8th November. The coin has since depreciated to around $0.26 after trading at a recent low of $0.245.

One of the reasons that BAT may not have undergone as extreme an appreciation that is typical of assets listing to Coinbase is that BAT is only paired with USDC, a stable coin which is the result of a joint venture between Circle and Coinbase. Trading in BAT essentially forces traders to use USDC and may be one of the primary reasons for BAT not performing as well as other assets which have previously listed to Coinbase Pro.

BAT on Coinbase Pro

The decline we have seen from the $0.39 high seems to have met some support at the 50 EMA. Momentum is still with the sellers with both the MACD and RSI decreasing so the next drop may break below this moving average.

BAT Daily Chart – Source: TradingView.com Key Takeaways: BAT has recently listed on Coinbase Pro but retraces quickly its price boost from the event. One of the reasons BAT did not increase upon listing may be that it is only available for trading against USDC. The drop BAT is currently undergoing seems to be experiencing some support at the 50 EMA, but with momentum still on the side of sellers, the next drop may break below this moving average. BAT is a top altcoin performer today, currently up 4%.

Basic Attention Token Price Analysis: BAT Retraces After Coinbase Effect Boost, but up 4% Today was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

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Basic Attention Token (BAT) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0.2872
Капитализация $0 Rank 99999
Цена в час новости $ 0.2014 (-100%)

coinbase bat token basic boost effect attention

Источник: blokt.com

coinbase bat → Результатов: 98


Токен BAT теперь доступен для покупки и продажи на Coinbase

Криптовалютная компания Coinbase добавила токен Basic Attention Token на свою торговую платформу и в приложения. Ранее о поддержке BAT объявила торговая площадка Coinbase Pro. BAT is now live at https://t.

2018-11-9 11:45


Coinbase добавила токен BAT на свою торговую платформу и в приложения

Крупнейшая в США криптовалютная компания Coinbase объявила, что токен Basic Attention Token (BAT) теперь доступен для покупки и продажи на платформе Coinbase. com. BAT is now live at https://t. co/bCG11KveHS and in the Coinbase iOS and Android apps.

2018-11-9 10:18


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BAT вырос на 14 процентов. В чём причина пампа?

В Coinbase недавно анонсировали начало торгов Basic Attention Token на платформе Coinbase Pro. На данный момент пользователи уже могут вводить депозиты в BAT на биржу, полноценные торги монетой должны начаться в ближайшее время. На фоне новостей о листинге криптовалюта выросла почти...

2018-11-3 16:00


Coinbase Pro добавляет поддержку альткоина BAT

Криптовалютная биржа Coinbase анонсировала добавление на платформу Coinbase Pro поддержки токена Basic Attention Token (BAT), созданного разработчиками браузера Brave. Как сообщает компания, после запуска приема депозитов в BAT вечером 2 ноября и достижения достаточной ликвидности торги в паре BAT/USDC будут доступны в большинстве юрисдикций, но в первое время они будут закрыты для резидентов штата Нью-Йорк. […]

2018-11-3 09:10


Coinbase Pro добавляет поддержку алтькоина BAT

Криптовалютная биржа Coinbase анонсировала добавление на платформу Coinbase Pro поддержки токена Basic Attention Token (BAT), созданного разработчиками браузера Brave. Как сообщает компания, после запуска приема депозитов в BAT вечером 2 ноября и достижения достаточной ликвидности торги в паре BAT/USDC будут доступны в большинстве юрисдикций, но в первое время они будут закрыты для резидентов штата Нью-Йорк. […]

2018-11-3 09:10


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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


Market Action Report: Bitcoin, Ethereum, Ripple, Stellar & Litecoin Waver as BAT & ETC Rise on Coinbase Hype

Cryptocurrency values have taken a bearish turn this week as negative market sentiment suppresses a minor late-July rally, with most major alts taking a hit as confidence in Bitcoin wavers. Positive news from crypto trading giant Coinbase, however, has provided both Ethereum Classic and Basic Attention Token with immunity from bearish market action.

2018-8-7 07:12


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Почему Coinbase выбрала для листинга именно Cardano, BAT, Stellar, Zcash и 0x

11 июня Coinbase объявила о возвращении Ethereum Classic в свою платформу. Криптовалюта была удалена сразу после появления в результате форка в июле 2016-го. Вскоре после этого, в июле, биржа сообщила, что рассматривает возможность добавления на свою платформу еще пяти криптовалют — Cardano (ADA), Basic Attention Token (BAT), Stellar Lumens (XLM), Zcash (ZEC) и 0x (ZRX).

2018-7-25 08:40


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Как Tether влияет на курс биткоина

За последние несколько дней курс биткоина вырос более чем на 10%. Вероятные причины такого поведения связаны с событиями, которые произошли в крипто-индустрии: криптовалютная биржа Coinbase добавила в листинг Cardano (ADA), Basic Attention Token (BAT), Stellar Lumens (XLM), Zcash (ZEC) и 0x (ZRX).

2018-7-23 21:42


Cardano (ADA) Search Volume Spikes Following Coinbase Announcement

Cardano (ADA)–The eighth largest cryptocurrency by market capitalization continues to gain momentum following the landmark announcement by U. S. -based cryptocurrency exchange Coinbase. On Friday, Coinbase made waves across the industry by announcing it’s exploration into five new cryptocurrencies: Basic Attention Token (BAT), Zcash (ZEC), Stellar (XLM), 0x (ZRX), and Cardano (ADA).

2018-7-16 21:15


Фото:

Kraken посмеялась над анонсом листинга Cardano и ZCash на Coinbase

Вчера биржа Coinbase объявила о намерении добавить в листинг пять новых монет: Cardano, Basic Attention Token (BAT), Stellar Lumens (XLM), ZCash (ZEC) и 0x (ZRX). Представитель биржи отметил, что в первое время торговать ими смогут жители нескольких стран, в число.

2018-7-15 19:00


Coinbase announces potential listing of Cardano [ADA], Stellar Lumens [XLM], Zcash [ZEC] and 0x [ZRX]

On 13th July, Coinbase announced that they are exploring the addition of Cardano [ADA], Basic Attention Token [BAT], Stellar Lumens [XLM], Zcash [ZEC] and 0x [ZRX] to the platform. Coinbase’s tweet | Source: Twitter Coinbase confirmed that they will be working with local banks and regulators to add its new assets in as many jurisdictions […]

2018-7-15 15:20


Coinbase может добавить Ethereum Classic намного раньше

Криптовалютная платформа Coinbase сообщила о том, что добавление Ethereum Classic не займет много времени из-за её схожести с Ethereum. Такое заявление представители Coinbase сделали в дополнение к объявлению о новых поддерживаемых монетах: Cardano (ADA), Basic Attention Token (BAT), Stellar Lumens (XLM), Zcash (ZEC) и 0x (ZRX).

2018-7-15 11:51


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