IOTA News

IOTA Exhibits a Bullish Momentum with Its 7-day Movement

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IOTA price trend analysis over the past 7 days indicates that the present trend is bullish. IOTA was trading at $0.26867173 on September 27, 2019 post which the price began to fall. Due to several falls, it reached as low as $0.25027851 on September 29,2019. Despite the rise in price the next day, IOTA was being traded at the lowest trading price of $0.25099005 on September 30, 2019. The coin seems to have bounced back since the fall and reached $0.27681882 yesterday.

IOTA Price Analysis:

IOTA Price

Today, IOTA indicates an upward rise by almost 8% when compared to the trading price of September 30, 2019. We predict that the same movement will continue tomorrow as well, and IOTA can be traded at $0.27105600.

We recommend purchasing new coins today as per the current trend of IOTA and retain them for a minimum of two and more years. The MACD indicator also reflects the bullish trend for IOTA. Today, IOTA seems to be on the verge of being overbought as per the RSI indicator. Also, today the coin can be traded within the values of $0.26432894 and $0.27554667.

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