- IOTA has made a comeback with a gain of 1.14% in the last 24 hours, and the value has now gone as high as $0.208
- Investors are advised to hold their investments and not fall prey to the selling pressure as IOTA’s short-term outlook may get bullish soon
IOTA has been up by 1.14% over the last 24 hours, and it has witnessed three huge price fluctuations. The current price of MIOTA coin has been increased to 0.208 USD from 0.205 USD.
IOTA Eyes to Break Above 50-Day MA Soon
IOTA opened the day at 0.2059 USD, and over the next 6 hours and 31 minutes, it fell by 4.65% to get to 0.1963 USD, the lowest point of the day. It was followed by a whopping increment of 9.29% that added 0.0182 USD and pushed the IOTA price to 0.2145 USD, the highest for the day. However, this high value could not be sustained for long, and it took a downward slope over the next 4 hours from 21:42 UTC, and in these 5 hours, IOTA lost 3.30% value and reached 0.2075 USD by 02:34 UTC today. IOTA has shown a minimal increment on the market cap front over the last day.
IOTA’s 20 days MA stands at 0.20806219 USD, and it’s 50 days MA is now at 0.20838332 USD. The current price is at 0.20827775, which is 0.05% less and 0.10% more than the 50 days and 20 days MAs, respectively. According to the IOTA Price Prediction, MIOTA is likely to breach the 50 days average soon, and it is likely to trend above both the line in the coming days.
IOTA Price Chart (1-Day)
