IOTA has more or less maintained its value over the last day despite numerous price fluctuations. It underwent three major price variations during this period, and the swings happened between 0.15570044 USD and 0.15095205 USD.0
IOTA Struggles Below Moving Averages
IOTA kicked off the day at 0.15550411 USD, and its first swing took place between 00:35 and 12:08 UTC. Over this period, the currency lost 1.49% and got placed at 0.15338724 USD. It was followed by another fall of 2.95% that took the IOTA price to 0.15095205 USD by 16:34 UTC. This swing took the coin to its lowest point of the day. However, at 16:34 UTC, it started growing. It managed a hike of 3.62% to add 0.00547131 USD and pushed the IOTA price to 0.15646365 USD by 00:49 UTC today.
The 20-day MA stands at 0.15579239 USD, and its 50-day MA is 0.15571604 USD. The current price of IOTA remains at 0.1554992 USD, which is 0.13% and 0.18% less than the 50-day MA and 20-day MA respectively. Looking at the placement of both the averages, it can be said that IOTA is unlikely to show any unprecedented hikes shortly. It may soon fall to the support of 0.154449667 USD. As per MIOTA forecast, the coin is expected to improve in the future.
| IOTA (MIOTA) | Resistance and Support Levels |
| 1st Resistance | $0.1591 |
| 2nd Resistance | $0.1608 |
| 3rd Resistance | $0.1639 |
| 1st Support | $0.1544 |
| 2nd Support | $0.1513 |
| 3rd Support | $0.1497 |
