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Basic Attention Token Holds Daily Trend as Hourly Momentum Weakens

Basic Attention Token Holds Daily Trend as Hourly Momentum Weakens

Photo: TokenPost

Basic Attention Token (BAT) stood at $0.1972 on Oct. 16, below its prior daily close of $0.2159, even as daily chart readings stayed stronger than the token’s hourly momentum. BAT logged a $0.2159 close for its prior completed daily session at 8 p.m. ET Oct. 15 (00:00 UTC Oct. 16). At $0.1972, the token remained above its 20-day exponential moving average (EMA) at $0.1335, 50-day EMA at $0.1055 and 200-day EMA at $0.09959. The daily relative strength index (RSI), a momentum measure, was 78.8, and the moving average convergence divergence (MACD) histogram was positive and widening. Hourly readings were softer.

Source: TokenPost

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