BAT gaining widespread market adoption
Updated
Basic Attention Token (BAT) has an innovative business model which protects the privacy of the users of its Brave browser by giving the option to the users to take part in its data collection program and at the same time rewards the publishers & advertisers fairly. With the rise in data privacy issues from the tech giants, more users are adopting the Brave browser to protect their data and privacy. The same goes for the publishers. The number of BAT users have been growing rapidly in the past few months.
BAT is one of the few projects which has great fundamentals. Moreover the advertising and data business is a multi-billion dollar industry. Even if BAT can take 5% of this, the revenues will be enormous and drive the price of the BAT token further.
More information can be found here
medium.com/swlh/5-reasons-why-basic-attention-token-is-the-most-promising-cryptocurrency-for-2020-878bf7fdf59
Price action shows a reversal and turning bullish. 9 & 21 EMA have crossed the 100 EMA which in the past have always resulted in bull rallies similar to many other altcoins.
RSI has had higher lows and is moving to bullish territory. The Weekly MACD has also become positive.
Note: This is not financial advise. Please do your own research.
BAT is one of the few projects which has great fundamentals. Moreover the advertising and data business is a multi-billion dollar industry. Even if BAT can take 5% of this, the revenues will be enormous and drive the price of the BAT token further.
More information can be found here
medium.com/swlh/5-reasons-why-basic-attention-token-is-the-most-promising-cryptocurrency-for-2020-878bf7fdf59
Price action shows a reversal and turning bullish. 9 & 21 EMA have crossed the 100 EMA which in the past have always resulted in bull rallies similar to many other altcoins.
RSI has had higher lows and is moving to bullish territory. The Weekly MACD has also become positive.
Note: This is not financial advise. Please do your own research.
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OBV steadily increasing. The price is also respecting the diagonal trendline up. More upside expected.
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Price broke above key resistance level of 2850 sats. Next resistance is at 3150 sats.
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