BAT Continues to Struggle Moving to $0.300
Basic Attention Token (BAT) has gained 2.7% to $0.266 this week, inching closer to its target of $0.300. In the previous week, BAT struggled to regain ground above the $0.250 support level following a significant 36% decline to $0.202. The token faced six consecutive days of trading below this support, indicating a potential further decline. However, it managed to stage a recovery last Saturday. Collaborations with Dow Jones Media, Quant, Cheddar, and other entities may offer some support to prices, although their impact is heavily influenced by market conditions. With Bitcoin (BTC) staging a fragile recovery from $60,000, BAT's upward momentum may falter if it fails to swiftly breach the $0.300 resistance level.
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