Basic Attention Token Price Prediction – Has the Bull Market Ended?

The Basic Attention Token course is the token from the browser " Brave " which uses it to reward people who use the Brave browser. But how does it look in terms of charts? Will the Basic Attention Token price increase in the near future or will the bear market be initiated? With this information you can then decide whether to sell the Basic Attention Token now or later. We'll tell you all about the course today!

The Basic Attention Token course has been able to form a trend line in the last few weeks. This trendline supported the uptrend and kept it intact. Two weeks ago the trend line was broken. A break of the trend line mostly serves as a trend reversal, which is why we believe that the price could start a downtrend in the near future. Since the trend line can be seen on the weekly chart, we would assume a downtrend spanning several weeks and months. Thus, we could get into a medium-term bear market. The Basic Attention Course has retested the trendline for the past week and confirmed it as resistance, which is why we consider the break of the trendline as confirmed.

In our opinion, the Basic Attention Token course has three goals that it could achieve in the next few months. Since the rise has been quite fast, the supports are far away from the current price. The first support is around $0.45. If we hit that target, it would mean another ~50% descent. If this support fails, the Basic Attention Token price could drop to $0.28. Subsequently, if the support also fails, the price could drop to $0.18. We expect the price to find enough support from $0.28, which could make a good entry point.

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