BAT Token is marching with 13% Upsurge

Today, the markets have mix trends as some coins are displaying red candles while others are green candles. But Basic Attention Token is marching in the upward direction with a great upsurge of 13% leaving behind the major coins of the market. There is no other coin in the top 30 except BAT that is the runner up in the 24-hours bull race.

 

Price Value of BAT

The price value of the Basic Attention Token at the time of writing is standing at $0.231.

Statistics Data

The total market capitalization of the coin is accumulating at $311,445,528 USD. The trading volume that happened in 24-hours is standing at $52,590,733 USD. There are almost 1,350,948,751 tokens are in circulation out of total 1,500,000,000.

BAT News and Events

The company has recently announced that brave users can cash out their tokens earned from watching ads.

users can choose to transfer Basic Attention Tokens (BAT) out of their Brave Rewards wallet and convert the tokens to many digital assets and fiat currencies…

 

7-days Performance of BAT

The token has performed very well in the past seven days as there is a significant change is observed in the price value. The value was clinging at $0.2 on Oct.8 but after two days it slumped to $0.18 that is the lowest position of the week. The same mark of $0.18 proved to be a strong support level and hit the trend line upward. Overall, the value has changed from $0.19 to the current figure of $0.23.

BAT Price Prediction

According to our technical analysis, it is the best token for short term trading as its price will increase more in the next coming days. But this coin does not seem to stabilize itself in the long term perspective. The resistance at $0.234 might create a slight hurdle but the current momentum of the coin can easily overcome this. The next target of the trend line is $0.24.

Conclusion

The coin has shown an extraordinary movement today as well as in past one week. The more is expected from the Basic Attention Token and it has also momentum to show some more bullish moves. But the long term analysis is giving the negative signals and the value might be dropped.

Hassan Mehmood

Hassan is currently working as a news reporter for Tokenhell. He is a professional content writer with 2 years of experience. He has got a degree in journalism.

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