- Bullish BAT price prediction for 2023 is $0.2909 to $0.3820.
- Basic Attention Token (BAT) price might reach $0.5 soon.
- Bearish BAT price prediction for 2023 is $0.1606.
In this Basic Attention Token (BAT) price prediction for 2023, 2024-2030, we will analyze the price patterns of BAT by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency.
TABLE OF CONTENTS |
INTRODUCTION |
|
BASIC ATTENTION TOKEN (BAT) PRICE PREDICTION 2023 |
|
| BASIC ATTENTION TOKEN (BAT) PRICE PREDICTION 2024, 2025, 2026-2030 |
| CONCLUSION |
| FAQ |
Basic Attention Token (BAT) Current Market Status
| Current Price | $0.204 | 24 – Hour Price Change | 1.90% Down |
| 24 – Hour Trading Volume | $31,647,076 |
| Market Cap | $303,860,452 |
| Circulating Supply | 1,489,852,087 BAT | All – Time High | $1.92 (On Nov 28, 2021) |
| All – Time Low | $0.06621 (On Jul 16, 2017) |
What is Basic Attention Token (BAT)
| TICKER | BAT |
| BLOCKCHAIN | Ethereum |
| CATEGORY | Utility Token |
| LAUNCHED ON | May 2017 |
| UTILITIES | Governance, Fast Transactions, gas fees & rewards |
Basic Attention Token (BAT) is the utility token of a blockchain-based digital advertising platform of Brave. The Brave web browser is a secure, privacy-focused browser. BAT can be regarded as the Ethereum Ad Token that was launched as an ERC-20 token in 2017.
A basic Attention Token (BAT) is used as the payment token rewarded to users for viewing ads via Brave. Users, content creators, and advertisers deploy BAT as a mode of exchange. With BAT, Brave browsers confer even more privacy and anonymity to internet users.
Basic Attention Token 24H Technicals
(Source: TradingView)
Basic Attention Token (BAT) Price Prediction 2023
Basic Attention Token (BAT) ranks 103rd on CoinMarketCap in terms of its market capitalization. The overview of the Basic Attention Token price prediction for 2023 is explained below with a daily time frame.
BAT/USDT Horizontal Channel Pattern (Source: TradingView)
In the above chart, Basic Attention Token (BAT) laid out a Horizontal Channel Pattern, Horizontal channel also known as the sideways trend. In general, the horizontal channel is formed during the price consolidation. In this pattern, the upper trendline, the line which connects the highs, and the lower trendline, line which connects the lows, run horizontally parallel and the price action is contained within it.
A horizontal channel is often regarded as one of the suitable patterns for timing the market as the buying and selling points are in consolidation.
At the time of analysis, the price of Basic Attention Token (BAT) was recorded at $1.92. If the pattern trend continues, then the price of BAT might reach the resistance levels of $0.2317, $0.3308, and $0.5808. If the trend reverses, then the price of BAT may fall to the support of $0.1629.
Basic Attention Token (BAT) Resistance and Support Levels
The chart given below elucidates the possible resistance and support levels of Basic Attention Token (BAT) in 2023.
BAT/USDT Resistance and Support Levels (Source: TradingView)
From the above chart, we can analyze and identify the following as resistance and support levels of Basic Attention Token (BAT) for 2023.
| Resistance Level 1 | $0.2909 |
| Resistance Level 2 | $0.3820 |
| Support Level 1 | $0.2140 |
| Support Level 2 | $0.1606 |
BAT Resistance & Support Levels
Basic Attention Token (BAT) Price Prediction 2023 — RVOL, MA, and RSI
The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of Bitcoin (BAT) are shown in the chart below.
BAT/USDT RVOL, MA, RSI (Source: TradingView)
From the readings on the chart above, we can make the following inferences regarding the current Basic Attention Token (BAT) market in 2023.
| INDICATOR | PURPOSE | READING | INFERENCE |
| 50-Day Moving Average (50MA) | Nature of the current trend by comparing the average price over 50 days | 50 MA = $0.1980Price = $0.2044 (50MA< Price) | Bullish/Uptrend |
| Relative Strength Index (RSI) | Magnitude of price change;Analyzing oversold & overbought conditions | 52.48 <30 = Oversold 50-70 = Neutral>70 = Overbought | Neutral |
| Relative Volume (RVOL) | Asset’s trading volume in relation to its recent average volumes | Below cutoff line | Weak volume |
Basic Attention Token (BAT) Price Prediction 2023 — ADX, RVI
In the below chart, we analyze the strength and volatility of Basic Attention Token (BAT) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI).
BAT/USDT ADX, RVI (Source: TradingView)
From the readings on the chart above, we can make the following inferences regarding the price momentum of Basic Attention Token (BAT).
| INDICATOR | PURPOSE | READING | INFERENCE |
| Average Directional Index (ADX) | Strength of the trend momentum | 36.7275 | StrongTrend |
| Relative Volatility Index (RVI) | Volatility over a specific period | 59.39 <50 = Low >50 = High | High volatility |
Comparison of BAT with BTC, ETH
Let us now compare the price movements of Basic Attention Token (BAT) with that of Bitcoin (BTC), and Ethereum (ETH).
BTC Vs ETH Vs BAT Price Comparison (Source: TradingView)
From the above chart, we can interpret that the price action of BAT is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of BAT also increases or decreases respectively.
Basic Attention Token (BAT) Price Prediction 2024, 2025 – 2030
With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Basic Attention Token (BAT) between 2024, 2025, 2026, 2027, 2028, 2029 and 2030.
| Year | Bullish Price | Bearish Price |
| Basic Attention Token (BAT) Price Prediction 2024 | $0.8 | $0.2 |
| Basic Attention Token (BAT) Price Prediction 2025 | $1.4 | $0.4 |
| Basic Attention Token (BAT) Price Prediction 2026 | $2.1 | $0.9 |
| Basic Attention Token (BAT) Price Prediction 2027 | $3 | $1 |
| Basic Attention Token (BAT) Price Prediction 2028 | $3.7 | $1.2 |
| Basic Attention Token (BAT) Price Prediction 2029 | $4.9 | $1.5 |
| Basic Attention Token (BAT) Price Prediction 2030 | $5.5 | $1.6 |
Conclusion
If Basic Attention Token (BAT) establishes itself as a good investment in 2023, this year would be favorable to the cryptocurrency. In conclusion, the bullish Basic Attention Token (BAT) price prediction for 2023 is $0.3802. Comparatively, if unfavorable sentiment is triggered, the bearish Basic Attention Token (BAT) price prediction for 2023 is $0.1606.
If the market momentum and investors’ sentiment positively elevates, then Basic Attention Token (BAT) might hit $0.5. Furthermore, with future upgrades and advancements in the Basic Attention Token ecosystem, BAT might surpass its current all-time high (ATH) of $1.92. and mark its new ATH.
FAQ
1. What is Basic Attention Token (BAT)?
Basic Attention Token (BAT) is the utility token of a blockchain-based digital advertising platform of Brave. The Brave web browser is a secure, privacy-focused browser.
2. Where can you purchase Basic Attention Token (BAT)?
Basic Attention Token (BAT) has been listed on many crypto exchanges which include Binance, OKX, Deepcoin, Bybit, and Bitrue.
3. Will Basic Attention Token (BAT) reach a new ATH soon?
With the ongoing developments and upgrades within the Basic Attention Token Platform, BAT has a high possibility of reaching its ATH soon.
4. What is the current all-time high (ATH) of Basic Attention Token (BAT)?
On Nov 28, 2021, Basic Attention Token (BAT) reached its new all-time high (ATH) of $1.92.
5. What is the lowest price of Basic Attention Token (BAT)?
According to CoinMarketCap, BAT hit its all-time low (ATL) of $0.06621, On Jul 16, 2017.
6. Will Basic Attention Token (BAT) reach $0.5?
If Basic Attention Token (BAT) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $0.5 soon.
7. What will be Basic Attention Token (BAT) price by 2024?
Basic Attention Token (BAT) price is expected to reach $0..8 by 2024.
8. What will be Basic Attention Token (BAT) price by 2025?
Basic Attention Token (BAT) price is expected to reach $1.4 by 2025.
9. What will be Basic Attention Token (BAT) price by 2026?
Basic Attention Token (BAT) price is expected to reach $2.1 by 2026.
10. What will be Basic Attention Token (BAT) price by 2027?
Basic Attention Token (BAT) price is expected to reach $3 by 2027.
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Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.
