- The IOTA coin price is positive, around 7.0% during intraday.
- The 24-hour trading volume is at $608 million.
- IOTA/BTC pair is trading positive by 4.6% at 0.00002642 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 0.70 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 shooting star candlestick pattern during the day, and the cost is confident that it will remain downside 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 moves above the green ribbon. This guarantees a rise in IOTA until it is above the ribbon.
Trading volume (46.712 M) is above the 20-day moving average (32.489 M). The volume is high and increasing, so the cost is above 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 Stochastic RSI (Overbought) with a value of K-100 D-99 provides a highly bought situation in the currency. Investors can observe steep index slopes and positive crossover, which can now cook down for future trading sessions.
Long-Term Perspective of IOTA Coin Price Trend
The weekly technical chart and price trend of IOTA coin show a bullish trend. Based on the pivot levels, the support zone is 0.80 USDT. From another perspective, if it rushes upwards, the resistance level to look for is 3.50 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 $1.50 today and has a 24-hour trading volume of $608,615,449. MIOTA prices have risen 5.5% in the last 24 hours. The circulation of MIOTA coins is 2.8 billion and the total inventory is 2.78 billion. The Stochastic RSI points to a selling signal, and the traders have prompted high volume. In fact, the cost breaks above the pivot levels. Similarly, the general outlook for the market is that the pattern will remain bullish over the following trading days.
Resistance Level: $1.85 & $3.50
Support Level: $0.70 & $0.80