IOTA News

IOTA Continues to Remain Below the Baseline; Trades Around $0.26

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IOTA price comparison over the past five days indicates that it is reflecting a bearish trend today. It was trading at $0.27891855, due to several sharp falls on the same day it was being traded at the lowest trading price of the said time frame at $0.026283587. There was a drop of almost 6% on the same day. Over the next few days, the bears continued to dominate the coin with IOTA being traded at $0.026424950 on October 21, 2019. Yesterday, IOTA price rose and reached $0.027568830 but was unable to control its efficiency. It started to recede.

IOTA Price Analysis:

IOTA Price

The present trend for IOTA is bearish by 2.81% when compared to yesterday’s prices. IOTA may continue to fall tomorrow, as observed from its current trading momentum.

We strongly suggest selling IOTA based on its movement in the past few days and months. With this today, it is expected to be traded at the price of $0.26596703 and $0.27384988. Over the past five days, the movement for the coin has been majorly bearish. It has not been able to maintain its efficiency and control over the bulls hence it is better to trade in the long run.

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