BAT or Basic Attention Token has lost about 35% since last week’s high. Most of its upward price action since the beginning of the year came in just a handful of green double-digit days. So it looks like there aren’t any strong levels of support.
To check if the bottom is in already, we’ve posted the following question to Hybrid Intelligence:
“The cryptocurrency Basic Attention Token (BAT/USDT) settled at 1.0238 USDT at 10:05 AM UTC at the binance exchange on Friday, April 23. In your opinion, will BAT/USDT trade above 1.1774 USDT (+15.0%) at any time before April 30?”
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Assurance: 67%
That’s a mildly bullish sign. Typically, an indicator above 70% would be considered strong and this one is just below this threshold.
The price target was selected based on the recent volatility. You might want to adjust it based on your goals. Still, this looks like an attractive entry point.
To check if the bottom is in already, we’ve posted the following question to Hybrid Intelligence:
“The cryptocurrency Basic Attention Token (BAT/USDT) settled at 1.0238 USDT at 10:05 AM UTC at the binance exchange on Friday, April 23. In your opinion, will BAT/USDT trade above 1.1774 USDT (+15.0%) at any time before April 30?”
-------------------------------------
Assurance: 67%
That’s a mildly bullish sign. Typically, an indicator above 70% would be considered strong and this one is just below this threshold.
The price target was selected based on the recent volatility. You might want to adjust it based on your goals. Still, this looks like an attractive entry point.