AltcoinPrice Analysis

BAT Price Analysis: Price will further slip down from the Mark of $0.17

BAT price analysis: Basic Attention Token (BAT) is currently holding the mark of $0.17. The trend behavior is not showing good performance and is moving down with a change of -3.05% in 24 hours. With this bearish trend, the price may slip down from this $0.17 mark.

BAT News:

The official Basic Attention Token twitter account reports that the CEO of the BAT was on Cheddar’s “Between-Bells” where he explained some of the details of the Brave browser:

Our CEO @brendaneich was recently featured on @cheddar’s “Between Bells” and discussed why he founded @brave, how Brave users reward online creators with BAT, as well as opt-in Brave Ads that preserve privacy and reward users with 70% of the revenue share.

BAT Statistical Data

  • The market capitalization of the coin is holding the figure of $228,426,000 USD out of the total crypto market cap.
  • $25,830,756 USD is the 24-hour volume of the coin.
  • Circulating supply of the token is 1,336,725,522 BAT.
  • And the whole supply of the coin is 1,500,000,000 BAT.

Basic Attetion Token (BAT) Price

The current price value of the coin at the time of writing is standing at $0.170874 USD and 0.00001652 BTC with a change of -3.05% in 24 hours.

One-Month Performance of the Token

The one-month performance of BAT shows that the coin has been under the baseline showing a bearish trend. The highest value of the coin during the period of one-month was $0.22 on 23rd Aug 2019. After that till now, the price of the token did not cross this mark and has mostly remained in the reddish zone. From the 23rd Aug, the value of the coin has plummeted down by -21.24%.

The one-month price comparison baseline chart of BAT is presented below:

BAT Price Prediction

The performance of the coin has not been satisfactory since the last month and has shown a downtrend behavior. The price has decreased down with a percentage of -7.12 during the period of one day. With this plummet ratio, it seems that the price of the coin may further drop.

Conclusion

The coin is flowing in the downward movement and has not been able to recover itself. The price is plummeting down with a change of -3.05% in 24 hours and there is a chance that the price may further fall.

Leah Hutton

Leah Hutton has recently joined Tokenhell team as a freelance writer. She has comprehensive knowledge of blockchain and various cryptocurrencies.

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