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Basic Attention Token (BAT) is All Set to Regain Its Lost Glory

Basic Attention Token (BAT) has shown tremendous recovery despite hefty price fluctuations. The currency has shown great potential, as evidenced by its price movements in the upper range over the past 30 days ranging from $0.1340 – $0.1771.

BAT/USD Prediction

BAT/USD Chart By TradingView

BAT price continues to trade with upside momentum over the past few days. The price was at a high of $0.1637 on March 25. With the mounting bearish pressure, it dropped to a low of $0.1340 by 18.49% decline. However, after that, the Basic Attention Token started to trade with bullish influence.

On April 09, the price of BAT managed to reach a high of $0.1771 by showing an upward rally of 32.01%. However, after breaching a $0.17 mark, the currency faced corrective pullback, and the price dropped to $0.1530 by 13.61% decline. And then, the price of BAT/USD again went up to $0.1732 by 13.25% hike with in-between moderate slumps. Today, the currency continues to trade upwards, and at the time of writing this analysis, it touched $0.1795.

BAT price has been giving the bears a good fight and continually moving in the upward direction. Over the last 30 days, the currency manages to trade above $0.15 mark, and recently it reflected bullish breakout and breached $0.17 mark. Hence, as per the current momentum and Basic Attention Token forecast, it might cross $0.18 in the upcoming days. However, on the downside, it holds strong support of $0.15.

Sara Gillard: Sara Gillard is media focused research analyst and strategist with a background in blockchain technology and cryptocurrencies. She contributes latest news and insights into digital economy at a global level. She holds investments in BTC and several altcoins. She is optimistic about potential of cryptocurrencies. In her free time, she enjoys running and aerobics.