spot_img
7.3 C
London
HomeUpdates & News AnalysisBasic Attention Token (BAT) Price Prediction for 2019, 2020 and 2025: Is...

Basic Attention Token (BAT) Price Prediction for 2019, 2020 and 2025: Is BAT Looking at More Dips After the Coinbase Listing of Heading Towards Rebounds?

Basic Attention Token (BAT) gained an increased momentum back at the end of October and beginning of November when Coinbase listing for the token was officially confirmed.

Coinbase listings as commonly known as some of the most significant in the market, almost always resulting in major price pumps and price gains at leastduring the next 24 hours since the listing announcement.

BAT was previously announced as an interest for listing in the announcement officially released by Coinbase as a part of a renewed policy where the exchange is looking to list over 90% of assets in the market that would turn to be compliant with the Digital Asset Framework.

However, it is considered that the latest dip of over -22%in a single week has something to do with the fact that SEC views some ERC20 tokens as securities and not currencies.

Is BAT looking at more dips, weeks after the Coinbase listing was made official or is it heading towards rebounds in the upcoming months and years?

Basic Attention Token (BAT) Price Prediction for 2018

BAT took a positive momentum once the Coinbase listing was announced as official weeks ago when the token went to a predicted surge despite the commencing dips that finally broke out heavily in mid-November.

However, Basic Attention Token is seen in a drop during the past seven days as we can see it going down by -22% against the fiat.

Still, BAT is able to provide some resistance against then bear trends in the cryptocurrency market as the token is rising by over 4%, trading at the value of 0.14$ with the latest set of gains in the last 24 hours.

The rest of the market is still caught up in bearish trends on weekly and daily charts even though a positive momentum can be noted in the last several hours as the cryptos are trying to take a rebound.

It is presumed with the present performance in the market that BAT could be able to take a spike towards the price of at least 0.16$ as its top value in the next several weeks.

Basic Attention Token (BAT) Price Prediction for 2019

BAT could enter 2019 at the price of 0.15$ or 0.16$, however, if the dipping market becomes a thing of the upcoming year as well, BAT might be seeing new lows with the rest of the cryptocurrency market.

In the best case scenario, BAT could be able to get back to the price of 0.25$ by the end of 2019, however, if the dips prevail, the token probably won’t be able to head further from the price of 0.19$.

Basic Attention Token (BAT) Price Prediction for 2020

Many analysts are suggesting that 2020 would be the year when the cryptos could finally see some redemption in form of price surges and rebounds.

In the best case scenario, the top price of BAT could get back to the value of 0.40$ by the end of 2020 with the lowest value of 0.25$.

Basic Attention Token (BAT) Price Prediction for 2025

In case the market manages to acquire a more positive pace of growth during the course of the next 6 years, not only that BAT would be able to get to its all-time high of 0.95$, but we could also see the token in an attempt to set a new record price of 1$ and above.

Disclaimer: The information on this site is provided for discussion purposes only, and should not be misconstrued as investment advice. Under no circumstances does this information represent a recommendation to buy or sell securities.
spot_img

latest articles

explore more