- The IOTA coin price is favourable, around 4.1% during the intraday.
- The 24-hour trading volume is at $189 million.
- IOTA/BTC pair is trading negative by -2.4% at 0.00002354 BTC.
The daily technical chart and price trend of IOTA coin show a bullish trend. Based on the pivot point, the first support zone is 0.75 USDT. Another way to watch it is that if it rushes, the resistance level to look at is 1.85 USDT. Therefore, the chart created a doji star candlestick pattern during the day, and the cost is confident that it will remain sideways with unwavering medium strength.
The Exponential Moving Average (EMA) band, consisting of various EMA’s, strongly supports currency price fluctuations. Investors may find that cost sustains at the green ribbon. This guarantees a rise in IOTA until it is above the ribbon.
Trading volume (13.192 M) is below the 20-day moving average (29.760 M). The volume is moderate, so it is gradually pushing the cost towards the pivot point. Investors may also see the volume bar on the chart increases. This indicates that anomalous instability is common on subsequent trading days.
The RSI indicator gave a signal (neutral) with 50, projecting a no trading zone in the currency. Investors can observe a flat slope. It can arise in future trading sessions.
Long-Term Perspective of The Price of IOTA Coin
The weekly technical chart and price trend of IOTA coin show a bullish trend. Based on the Fibonacci retracement levels, the support zone is 1.0 USDT. From another perspective, if it rushes upwards, the resistance level to look for is 2.70 USDT. Moreover, the graph shows the Heiken Ashi candles, representing a substantial upside potential in the asset’s price action.
So, IOTA is priced at $1.29 today and has a 24-hour trading volume of $189,663,325. MIOTA prices have risen 4.1% in the last 24 hours. The circulation of MIOTA coins is 2.8 billion, and the total inventory is 2.78 billion. The RSI points to a buying signal, and the traders have prompted moderate volume. In fact, the cost is moving towards the pivot levels. Similarly, the general outlook for the market is that the pattern will remain sideways over the following trading days.
Resistance Level: $1.85 & $2.70
Support Level: $0.75 & $1.25