IOTA Crypto Price: Потенційне зростання чи зниження вартості

IOTA Crypto Price: Can It Rise Higher Or Slump Down to Lows?

The IOTA криптовалюта has shown a sign of a strong potential rally as the price jumped from the key support level of around $0.2000 on the chart.

The IOTA криптовалюта is ready for an amazing price rise, as it unleashes potential and to break above the resistance level and soar to new heights from the current base zone.

The IOTA asset is demonstrating bullish strength and rising capacity as it stays above the major 20, and 50-Day, highlighting buyer strength.

Moreover, the IOTA asset is exhibiting bullish behavior as MACD shows a wide histogram bullish crossover. The RSI is at 51.10 and the curve has taken support from the 14-SMA which is at 46.72 after cutting it from below, suggesting the trend could be extended.

On evaluating the observed chart, the asset is displaying bullish signs and implies that it has the potential to grow further. IOTA grew 47.31% through the previous quarter, highlighting the strength of the uptrend.

If the demand pressure is maintained, the price could rise sharply from the current level. The primary goal for the price is to reach $0.5000, with resistance from the $0.285 level.

On the other hand, if the IOTA криптовалюта price fails to stay above the $0.200 level, it could decline further.

The IOTA price movement reflects a bullish scenario at the time of writing, as it recently advanced from a critical level. The RSI, MACD, and EMAs are displaying bullish signals on the daily time frame.

IOTA price action reflects a bullish outlook and opinions about the crypto asset in the daily time frame. Therefore, if the demand for the IOTA remains high, the asset price could rise sharply from the current level.

Technical Levels

Support Levels: $0.200

Resistance Levels: $0.285

Disclaimer

In this article, the views, and opinions stated by the author, or any people named are for informational purposes only, and they don’t establish the investment, financial, or any other advice. Trading or investing in cryptocurrency assets comes with a risk of financial loss.

Steve Anderson

Steve Anderson - це австралійський шанувальник криптовалюти. Він є спеціалістом у управлінні та торгівлі впродовж понад 5 років. Стів працював криптотрейдером, йому подобається вивчати децентралізацію, розуміти справжній потенціал блокчейну.