Basic Attention Token (BAT) is a cryptocurrency used in the Brave browser ecosystem to reward users, content creators and advertisers. The project seeks to change the approach to digital advertising, ensuring privacy and fair distribution of revenues.
š Current situation on the chart:
On the long-term timeframe, BAT/USDT has been in an accumulation phase for over 790 days. The price is stuck below the resistance level in the area of āā$0.42-$0.44. If the coin overcomes this level, a rise to $1.50 (+270%) is possible.#
In the event of failure and decline, the price may return to the support zone around $0.30ā$0.32.
š” Why is BAT interesting?
1. Real benefit: BAT rewards ad views and supports content creators.
2. Market demand: The increasing popularity of the Brave browser can have a positive effect on the price of the token.
3. Growth potential: A long accumulation indicates a possible preparation for a strong movement.
š Summary:
#BAT ā a promising project with real application. The situation on the chart creates both risks and opportunities. Keep an eye on the $0.42-$0.44 levels and don't forget about risk management.
$BAT
