IOTA price is spotted moving downwards from the past few days. The currency is dealing with the bearish trend which is no speculated to lift anytime soon. Yesterday, IOTA experienced heavy volatility in the price. The coin closed at the same level from where it started. According to the current market scenario, IOTA traders might have to close the day with losses.
IOTA Price Analysis
Yesterday, IOTA started the day at $0.0193. The price slipped to $0.192 by 0.62%. The currency improves and reached to $0.194 by 0.90%. Later, the coin takes a moderate drop to $0.188 by 2.65%. The price improves immediately and touches $0.193 by 2.71% profit in the IOTA value. Then again, the coin slips to $0.1909 and improves further to $0.193 by 1.32%. Today, IOTA started the day with a moderate movement. The price counters move from $0.193 to $0.192 by 0.46%. The currency slips to $0.0189 by 1.48%. There is a slight improvement in the price that has brought the IOTA price to $0.191.
IOTA is currently trading at $0.1905. The price movement has already breached the immediate support level at $0.191 and is heading towards the next support level at $0.188. The traders interested in IOTA are recommended to go for long-term investment. The same would ensure a colossal profit to the traders.