IOTA Gets a Bullish Nudge; Goes beyond $0.27

  • IOTA soars by 1.69% over the last 24 hours.
  • The next resistance for IOTA is awaiting at 0.2862 USD.

IOTA has been up by 1.69% in the last one day and it seems to be the first step of IOTA towards price recovery. It has been through three price swings in this period and the range of the swings has been between 0.2803 USD and 0.2683 USD.

IOTA Price Analysis

IOTA’s first swing started at 00:01 UTC and over the next 4 hours and 49 minutes, it went to lose 0.0034 USD and reached 0.2683 USD. This fall was followed by a hike of 4.50% and it pushed the value to 0.2803 USD by 18:01 UTC. Later, it could not sustain the value at this height for long and faced a price correction of 1.48% that cost 0.0041 USD to IOTA and the value reached 0.2762 USD.

IOTA’s last seven days’ price movements have been full of volatile fluctuations and the highest point for IOTA came at 0.2868 USD whereas 0.2676 USD is the lowest point for IOTA. The current market cap stands at 772.5 million USD.

IOTA Price

IOTA’s 50-day average is 0.26387783 USD and its 20-day average stands at 0.2739805 USD. The current trading price is 0.27645352 USD and it is 4.76% and 0.90% more than the 50-day average and 20-day average respectively. It is likely to find the next resistance at 0.2862 USD.

Resistance and Support Levels:

R1- $0.2820, R2- $0.2862, R3- $ 0.2920

S1- $0.2720, S2- $0.2662, S3- $0.2620

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