- IOTA coin at the monthly chart is trading sideways and can attempt slight positive momentum in upcoming trading sessions.
- The crypto asset over the monthly chart is placed above its vital moving averages of 20, 50, 100, and 200-day lines.
- The pair of IOTA /BTC is trading at 0.00002091 BTC with an intraday dip of -0.34%, and the ratio of IOTA /ETH is CMP at 0.0002948 ETH with a 24-hour change of -0.58%.
IOTA coin at the monthly chart is trading on a mixed note, with sideways trading patterns. Moreover, the crypto asset is currently placed above all DMA of short to long term with a positive chart formation. Currently, IOTA is trading above all vital moving averages of 20, 50, 100, and 200-day lines with lower volume activity. Supporting volume activity will boost more buyers in upcoming trading sessions once the token sustains above the breakout range of $1.13 to $1.56.
Volume over the monthly chat is increasing and needs to improve enormously to sustain above the breakout levels. Support on the lower side is $1.12 and $1.00, whereas resistance on the higher side is $1.48 and $1.58.
IOTA coin is trading range-bound, and volume activity at the chart is lower and needs to improve enormously
IOTA coin at the weekly chart is trading range-bound, and volume activity at the chart is lower and needs to improve enormously. Since the past few trading sessions, IOTA has been trading sideways, and the technical parameters also project mixed signals. The crypto asset is trading sideways, and volume activity is lower. IOTA price is trading at $1.40, an intraday rally of -1.77%, and the volume to market cap ratio is 0.03738.
Relative Strength Index (SIDEWAYS): IOTA coin RSI is trading on a mixed note on the weekly chart. In contrast, the coin trades sideways with no clear direction of momentum, RSI at 53.
Moving Average Convergence Divergence (MIXED): The daily chart projects a mixed trend at the 4-hour time frame. At the same time, the buyer’s signal line (green) overlaps the seller’s line (red) with sideways momentum.
Support levels: $1.12 and $1.00
Resistance levels: $1.48 and $1.58.