BAT Is Preparing a 24% Jump
Basic Attention Token (BAT) is up 0.5% to $0.1601, underperforming Bitcoin (BTC), which gained 1.0% to $117,200. The broader crypto market is finding strong support after the Federal Reserve cut interest rates by 25 basis points on Wednesday and signalled two more reductions in 2025. Lower rates are a key tailwind for risk assets, helping digital currencies push higher.
BAT’s technical setup remains constructive. The token broke above the $0.1500 resistance in July with a 23.9% rally and has since held that level through August and September, showing resilience. With this base in place, BAT looks well-positioned for a potential 24% move higher toward the next resistance at $0.2000.
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