IOTA News

IOTA Records a 3.17% Slump; Now Trades at $0.27

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  • IOTA loses 3.17% to touch 0.27 USD over the last 24 hours.
  • The next resistance for IOTA is expected to meet at 0.2814 USD.

IOTA’s growth has been stalled as it has lost 3.17% over the last 24 hours. The value against USD has now gone as low as 0.27 USD.  The three price swings have given the trading price a range between 0.282 USD and 0.265 USD.

IOTA Price Analysis

IOTA’s first swing started at 01:28 UTC, and by 09:35 UTC, it lost 1.05% to reach 0.27817986 USD. The second variation started at 10:09 UTC, and over the next 5 hours and 51 minutes, it brought a 5.01% deduction that cost it 0.014 USD and pushed the value to 0.26545300 USD. It was followed by a 2.75% hike between 16:00 UTC and 23:56 UTC, and this hike added 0.00730240 USD to the value and placed it at 0.2726 USD.

Along with the value against USD, the market cap of IOTA has also taken the hit. On October 16, the market cap was at 759.3 million USD, and now it has fallen to 753.8 million USD.

IOTA Price

IOTA’s 20-day average and 50-day average is at 0.27298756 USD and 0.26321701 USD, respectively. The current trend is now at 0.27007415 USD, and it is 2.60% more than the 50-day average whereas 1.06% less than the 20-day average. The next resistance for IOTA may come at 0.2814 USD.

IOTA (MIOTA)Resistance and Support Levels
1st Resistance$0.2814
2nd Resistance$0.2896
3rd Resistance$0.2967
1st Support Level$0.2660
2nd Support Level$0.2589
3rd Support Level$0.2507

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