BAT is Treading Waters
The Basic Attention Token (BAT) has gained 7.3%, reaching $0.256 this week. Despite attempting to surpass $0.270, BAT prices faced resistance from the established uptrend on June 10, 2023. This marks the fourth attempt, and the previous three concluded near the $0.200 support. The ongoing effort is likely to face a similar fate. While the approval of the spot Bitcoin-ETF by the SEC may provide some lift to the altcoin, it might not be sufficient to establish a new uptrend, preventing BAT from ascending to the $0.300 resistance.
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