This Week’s Crypto Trade of the Week is the number 68 on Coinmarketcap: Basic Attention Token (BAT) which has a market cap of approximately $2 billion. Basic Attention Token, or BAT, is the token that powers a new blockchain-based digital advertising platform designed to fairly reward users for their attention, while giving advertisers a better return on their ad spend.
More info about the platform itself can be found here:
BAT fell in the period from April to November and has been in considerable recovery from the October bottom around $0.40. Since then, the price has more than tripled. Currently, the 4 exponential moving averages (8, 21, 34 and 55) are trading well below the price, indicating a very strong market. While I don’t rule out a correction, at a price of $1.26 I think BAT is definitely worth buying. Full disclosure: I have this coin in portfolio myself. If desired, you can use a stop/loss below $1 to limit the risk.