IOTA has managed to keep the uptrend intact. The coin started the upsurge from yesterday. The market is also reflecting improvement signs. The top players in the market like Bitcoin, Ethereum are considerably improved. If the trend sticks in the market, the traders will experience a huge recovery. As per yesterday’s statistics, IOTA is spotted dealing at a high of $0.208612 and a low of $0.197462.
IOTA Price Analysis
Yesterday, IOTA started dealing at $0.197. The price escalated to $0.198 by 0.53% hike. The upsurge continued and touched $0.202 by 1.99%. The uptrend was followed by a tremendous fall that took the price to $0.197 by 2.54%. The coin again started price recovery. The price went to $0.198 by 0.79% and later to $0.205 by 3.15%. IOTA price dropped during the closing hours to $0.204 by 0.53%. Today, the coin started the day with a moderate movement. The price slipped to $0.202 by 0.44%. Then, it escalated to $0.204 by a marginal hike.
The currency is currently trading at $0.203. The speculations are stronger for the coin to fall and find immediate support at $0.199. However, if momentum reverses, then IOTA price would be spotted dealing around the immediate resistance level at $0.210.
The traders who want to dig-in IOTA are suggested to opt for long-term investment. The same would bring the desired result to the traders.