- Bullish BAT price prediction ranges from $0.35 to $0.47.
- BAT price might also reach $1 this 2022.
- BAT’s bearish market price prediction for 2022 is $0.30.
Basic Attention Token is an Ethereum-based platform that was started in 2017. Its native token is denoted as BAT and is present in the Ethereum blockchain, Binance Chain, and Solana blockchain.
Fundamental Attention Token investors are bullish on the token since it has had a return on investment (ROI) of over four times in the past five years. The crypto bubble of 2021 led to an increase in the price of BAT to its present all-time high (ATH) of $1.92, which was attained in November 2021. Irrespective of the recent crypto winter, BAT investors are confident that the future of BAT is bullish.
If you are interested in the future of Basic Attention Token (BAT) and want to know the price analysis and price prediction of BAT for 2022, 2023, 2024, 2025, 2026, and up to 2030, keep reading this CoinEdition article.
What is Basic Attention Token (BAT)?
Basic Attention Token is an Ethereum-based content and advertisement platform launched in 2017. It has Brendan Eich and Brian Bondy as the co-founders. Its native token is called BAT.
Basic Attention Token is the first cryptocurrency application to reach over 1 million users. It rewards content creators with BAT tokens. Presently, over 795 YouTube content creators, 217K Twitter content creators, and 165K Twitch content creators are verified on the Basic Attention Token platform.
The private advertisement network of Basic Attention Token has clients from over 188 countries, over 400 advertisers, and over 2500 active advertisements on it. Some of their top advertisers are eToro, UPLAND, Bitpay, Block, Purple, Nexo, Ashley, and others.
Khan Academy, Los Angeles Times, The Guardian, NPR, and SLATE are some of the publishers on the Basic Attention Token platform.
Basic Attention Token (BAT) Current Market Status
The maximum supply of BAT is 1.5 billion BAT, while its circulating supply is 1.5 billion BAT, according to CoinMarketCap. At the time of writing, BAT is trading for $0.3394, representing 24 hours increase of 2.22%. The trading volume of BAT in the past 24 hours is $27.26 million, representing a 19.19% decrease.
Some top cryptocurrency exchanges for trading Basic Attention Token (BAT) are Binance, FTX, Huobi Global, Gate.io, Coinbase and others.
Now that you know what BAT is and its current market status, we shall discuss the price analysis of Basic Attention Token (BAT) for 2022.
Basic Attention Token (BAT) Price Analysis 2022
Currently, BAT is ranked in the 73rd position on CoinMarketCap. Will developments and upgrades within the Basic Attention Token community increase the price of Basic Attention Token (BAT)? We shall see in this CoinEdition price analysis 2022 article.
Basic Attention Token (BAT) Price Analysis- Keltner Channel
Keltner Channel is a technical analysis indicator used to determine trend directions by measuring the volatility above or below the candlesticks. From the Keltner Channel signals for Basic Attention Token (BAT), it could be seen that the present bullish run could continue since the recent candlesticks are within the first half of the chart from the bottom. Also, since the last candlestick is bullish, the present increase in the price of BAT might be sustained before any reversal would be expected.
Basic Attention Token (BAT) Price Analysis- Relative Strength Index
The Relative Strength Index (RSI) is a technical analysis indicator that measures the relative momentum in the magnitude and speed of recent price changes of an asset to deduce if it is an oversold or overbought asset. The RSI value of Basic Attention Token (BAT) 1day chart of BAT/USDT is at 38.06. This shows that BAT is showing a strong trend between 30 and 50. This value could trigger a further bullish run if more buyers could be attracted to gain from the expected price increase to the 50 RSI value, which is the strong trend region, before any price correction soon.
Basic Attention Token (BAT) Price Prediction-Moving Averages
The chart above shows the 4-Hour chart of BAT 200-day and 100-day Moving Average (MA). Presently, BAT is on a bullish trend, as indicated in the recent uptrend. Since the 200-MA is above the 100-MA, we can deduce that the price is bullish for long-term hodlers.
Also, since the gap between the moving averages is wide and above the recently formed candlesticks, the price of Basic Attention Token (BAT) might experience a significant rise or fall in the future.
Basic Attention Token (BAT) Price Prediction 2022
By looking at the 4-hour chart of BAT/USDT, BAT price was swinging from $0.36 resistance2 to $0.35 resistance1 after touching the support level of $0.30. It reversed from the support level of $0.30 and now going sideways in the market and is expected to be bullish in the coming weeks.
Meanwhile, our long-term BAT price prediction for 2022 is bullish since it cannot break the present support level soon. We can expect BAT to reach $1 in 2022.
Basic Attention Token (BAT) Price Prediction-Resistance and Support Levels
This bullish chart shows that the price of BAT has decreased by 15.2% in the past 30 days. If this price decrease reverses, BAT could break the $0.35 resistance1 level, move higher to $0.47 at the resistance7 level, and even higher, the bullish signal for 2022.
However, if sellers have their way, the price of BAT might be dethroned from its present uptrend position. In simpler terms, BAT might trend below the $0.30 support level and even lower in 2022, a bearish signal.
Basic Attention Token (BAT) Price Prediction 2023
If the value of BAT’s relative strength index (RSI) is at least 60, by the end of 2022, the bulls and investors are in change. This could spill over into the first half of 2023, which could make the price of Basic Attention Token (BAT) trade around $1 by the end of 2023 as the platform is experiencing an increase in the number of content creators and publishers.
Basic Attention Token (BAT) Price Prediction 2024
The positive sentiment with the news of Bitcoin halving could directly impact the BAT token price. Since 2024 is a year of Bitcoin halving, and most cryptocurrencies respond in the same trend as Bitcoin, we could see the cost of BAT trade at $5 by the end of 2024.
Basic Attention Token (BAT) Price Prediction 2025
By the end of 2025, the price of a Basic Attention Token (BAT) could rise to $10. This is because of the price surge a year after Bitcoin halved. Also, considering that more developments will be introduced into the Basic Attention Token ecosystem to ensure that its users are relatively increasing, this price target could be attained.
Basic Attention Token (BAT) Price Prediction 2026
With the number of BAT hodlers on the increase and the growing sentiment about cryptocurrencies, BAT has the possibility of holding most of its recent gains and consolidating. Hence, the price of BAT could trade around $20 by the end of 2026 due to the bear market, which serves as a market correction after a strong bullish run.
Basic Attention Token (BAT) Price Prediction 2027
By the end of 2026, most investors will be preparing for a possible trend reversal in the direction of the bulls. This is due to the possibility that the market has attained its minimum support level. The price of BAT could surge to $30 by the end of 2027.
Basic Attention Token (BAT) Price Prediction 2028
In 2028, there will be Bitcoin halving. Hence, the consolidating market in 2027 could be followed by a bullish run. This is due to the impact of news surrounding any year of Bitcoin halving. It is, therefore, possible that the market could attain higher high values. Basic Attention Token (BAT) could hit $50 by the end of 2028.
Basic Attention Token (BAT) Price Prediction 2029
By 2029, there could be much stability in the price of most cryptocurrencies that had stayed for over a decade. This is due to implementing some of the lessons learnt to ensure their investors retain the project’s confidence. This impact, coupled with the price surge that follows a year after Bitcoin halving, could surge the price of BAT to $100 by the end of 2029.
Basic Attention Token (BAT) Price Prediction 2030
The cryptocurrency market experienced high stability due to the holding activities of early investors so as not to lose future gains in the price of their assets. We could expect the price of Basic Attention Token (BAT) to trade around $120 by the end of 2030, irrespective of the previously bearish market that followed a market surge in the earlier years.
As said above, BAT might reach $1 in 2022 and $120 by 2030 if investors have decided that BAT is a good investment along with mainstream cryptocurrencies like Bitcoin and Ethereum.
BAT is the native token of the Basic Attention Token. It is an ERC-20 token.
Like other cryptocurrencies, Basic Attention Tokens (BAT) can be traded in cryptocurrency exchanges like Binance, Huobi Global, FTX, Gate.io, and others.
BAT has a low possibility of surpassing its present all-time high (ATH) price of $1.92 in 2022.
It was launched in May 2017.
Basic Attention Token (BAT) price is expected to reach $2 by 2023.
Basic Attention Token (BAT) price is expected to reach $5 by 2024.
Basic Attention Token (BAT) price is expected to reach $10 by 2025.
Basic Attention Token (BAT) price is expected to reach $20 by 2026.
Basic Attention Token (BAT) price is expected to reach $30 by 2027.
Basic Attention Token (BAT) price is expected to reach $50 by 2028.
Basic Attention Token (BAT) price is expected to reach $100 by 2029.
Basic Attention Token (BAT) price is expected to reach $120 by 2030.
Disclaimer: The views and opinions, as well as all the information shared in this price prediction, are published in good faith. Readers must do their research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and affiliates will not be held liable for direct damage or loss.
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