IOTA is reflecting not much movement in the price. The coin was anticipated to perform well but looks like it is not still under pressure. The movement of the currency in the last seven days has remained around $0.20. On December 03, the price was $0.208, and today, it is at $0.206.
IOTA Remains Crucial Amid Bearish Signs
Yesterday, IOTA price started dealing at $0.2051. The price slipped to $0.2034 by 0.81% within the first few hours. Further, the currency escalated to $0.2060 by 1.27%. The price fell to $0.2028 by 1.51%. IOTA coin took an astounding jump to $0.2079 by 2.52%. The currency kept trading for the rest of the day at the same level and closed the day at $0.2074. The intraday movement reflected a 1.14% progression in price. Today, the IOTA price fell to $0.2058 from $0.2074 by a marginal fall.
IOTA value is currently dealing at $0.206. The current price movement is reflecting downside movement, and hence, the coin can touch its crucial support level $0.201. However, if the trend reverses then the currency can touch the immediate resistance level at $0.209.
IOTA coin is recommended for the long-term traders as per IOTA coin price prediction. The short-term investment might not bring the desired result to the investors; hence, we wouldn’t suggest the same.
| Resistance Level | Price |
| R1 | $0.209784 |
| R2 | $0.211898 |
| R3 | $0.214986 |
| Support Level | Price |
| S1 | $0.204582 |
| S2 | $0.201494 |
| S3 | $0.19938 |
