Basic Attention Token (BAT) Technical Analysis: Will Prices Rally to $0.42?

Basic Attention Token is firm, adding 11 percent in a relatively bearish market. With upbeat bulls, BAT crypto can surge to $0.42 in the near term. Past Performance of Basic Attention Token The Basic Attention Token coin is ripping higher at spot rates. Currently, the coin is up 11 percent against the USDT, printing higher as per the BAT technical analysis in the daily chart. When the rest of the crypto assets are struggling against a deluge of strong selling pressure, BAT coin prices are firm. BAT Technical Analysis BAT crypto prices seem to be bottoming up. Adding 11 percent versus the USDT, bulls are correcting the undervaluation of June 15. Notably, the Doji bar has a long lower wick pointing to the rejection of bears. The follow-through on June 15 indicates that the tide could be changing, favoring optimistic Basic Attention Token coin bulls. BAT coin bulls stand a chance if prices are steady above $0.26. In that case, traders can buy the dip, targeting this month’s highs at $0.42 for a near 50 percent surge. What to Expect from BAT? The crypto market is under heavy selling pressure, forcing prices to record 2022 lows. The development in other pairs is negative. Therefore, risk-averse traders can wait for confirmation of today’s gains before loading in lower time frames.The post Basic Attention Token (BAT) Technical Analysis: Will Prices Rally to $0.42? appeared first on Cryptoknowmics-Crypto News and Media Platform.