IOTA coin is indicating a sluggish movement for the last three days. The currency marked a heavy fall yesterday, and the same is anticipated for intraday movement too. However, the coin is currently reflecting a slight recovery, which soon could get faded. Along with IOTA, the top players of the market are also struggling. In the past, IOTA cryptocurrency has given flourishing results to the investors. The same is likely to retain and the traders would book similar profit again.
IOTA Slides to $0.188 Before Minor Recovery
Yesterday, IOTA price started dealing at $0.201. The price dropped to $0.193 by 3.78% drop within the opening hour of the day. The coin price improved and touched $0.197 by 1.81%. The currency traded around $0.197 for some time and further dropped to $0.193 by 2%. Then, IOTA’s price picked up and touched $0.198 by 2.42%. After this hike, the price dropped again and reached to $0.192 by 2.70% fall. IOTA price traded around $0.193 for some time, and slowing went up to $0.194. Later, it slipped to $0.193 and closed the day. The intraday movement reflected a 3.93% fall in the price of IOTA currency. Today, the coin began the day at $0.193. After remaining at the same level for some time, the price dropped to $0.188. Recently, the coin price escalated and touched $0.191.
The currency is anticipated to touch some astounding highs in the future. As per the current market scenario and IOTA Prediction, the coin is speculated to trade around the immediate support level at $0.189. During intraday trading, the possibility of hefty recovery is thin. IOTA is usually recommended for long-term traders. However, according to the current market scenario, the traders are recommended to hold their investment for a while.
