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IOTA

IOTA price is ready for further growth?Another “old man” #IOTA woke up, whose price was in a downward trend: 2021, 2022, 2023 and almost all of 2024) Today, OKX:IOTAUSDT finally managed to break through the strong mirror level of $0.45 1️⃣ Further, to continue the growth, buyers need to keep the price above $0.45 2️⃣ If this is done, there is a good chance of continued growth. But starting from $0.68 and up to $1.88, there will be a lot of people willing to sell this asset, which has been in the holding for more than two years. This, in turn, may affect the growth dynamics. 3️⃣ If the #IOTAUSD price cannot be kept above $0.45, it is advisable to keep in mind that a possible correction to $0.20 is possible. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
IOTA Soars 56% as Rebased Upgrade Voting BeginsIOTA ( FWB:IOTA ) has experienced a remarkable surge, climbing over 56% to $0.5780. This leap follows the initiation of voting on its groundbreaking Rebased upgrade, positioning IOTA as one of the top performers among the 100 largest cryptocurrencies by market cap. Let's explore the driving forces behind this rally from both fundamental and technical perspectives. Fundamental Drivers: The Rebased Upgrade The primary catalyst behind IOTA's surge is the launch of voting for the Rebased upgrade. This upgrade represents a transformative shift for the IOTA L1 mainnet, introducing features aimed at enhancing decentralization, scalability, and utility: - Staking Rewards: Users can now earn IOTA staking rewards, with an initial target inflation rate of 6% to 7%. - Move-based Smart Contracts: Support for deploying smart contracts based on the Move programming language expands IOTA’s capabilities. - Reduced Transaction Costs: Adaptive fee-burning and sponsored transactions aim to lower costs, fostering broader adoption. - Full Decentralization: The upgrade aims to fully decentralize the IOTA ledger, enhancing trust and transparency. Voting will continue until December 9, with the counting process concluding on December 16. The upgrade has heightened investor optimism, evident in IOTA's soaring futures open interest, which reached a record $87.89 million—more than tripling from last week’s $26.27 million. Technical Analysis: Technically, IOTA is exhibiting strong bullish momentum: - Price Action: The altcoin has surged 55% in 24 hours, hitting a six-month high of $0.5780. Its monthly gains now exceed 350%, with daily trading volume spiking by 83% to over $705 million. The Relative Strength Index (RSI) stands at 89, indicating overbought conditions. Despite this, there are no immediate signs of a cool-off, suggesting sustained buyer interest. After a prolonged six-month consolidation phase, IOTA's breakout signals a potential continuation of the uptrend. The consistent series of green candlesticks confirms strong buying pressure. Broader Market Context IOTA's rally aligns with broader altcoin market momentum. The Altcoin Season Index at 81 indicates that altcoins are outperforming Bitcoin, reflecting growing investor appetite for high-potential projects. Additionally, the Crypto Fear and Greed Index at 76 underscores prevailing bullish sentiment. Conclusion IOTA's surge is underpinned by significant fundamental advancements and robust technical indicators. The Rebased upgrade promises to transform IOTA into a more decentralized and utility-rich network, while technical patterns suggest further upside potential. As the voting process unfolds, IOTA remains a standout asset in the altcoin market, capturing the attention of both retail and institutional investors.
Long
by DEXWireNews
IOTAUSDT Long Setup Setting / Am I going to let you lose?BINANCE:IOTAUSDT CRYPTO:IOTAUSD 📈Which side you pick? Bull or Bear SL1 ---> Low-risk status: 3x-4x Leverage SL2 ---> Mid-risk status: 5x-8x Leverage (If there is just one SL on the chart, I suggest, low risk status) 👾Note: The setup is active but expect the uncertain phase as well. also movement lines drawn to predict future price reactions are relative and approximate. ➡️Entry Area: Yellow zone ⚡️TP: 0.2189 (Close it if you don't want to lose any) 0.2282 🔴SL: 0.2030 🧐The Alternate scenario: If the price stabilizes against the direction of the position, below or above the trigger zone, the setup will be canceled.
Long
by CrazyS
IOTA is bullishFrom where we put the red arrow on the chart, it seems that the correction of IOTA has started. This correction seems to be a double (zigzag + triangle) that is now over and the trigger line is broken. By maintaining the green range, it can move towards the targets. Closing a daily candle below the invalidation level will violate the analysis For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
by behdark
IOTA (Bearish Idea)IOTA has been in a bearish trend since December 2017. As long as it's below $0.42 I expect it to drop to ~$0.0342. It'll be a great buying opportunity from there, as it would be expected for IOTA to find it's way towards a new ATH. Passing $0.42 without dropping to the buying area first is an invalidation of this idea. Another invalidation, which is very unlikely to happen, is free falling below the targeted area. That would mark a possible 3rd wave drop towards ~$0.0022.
BITFINEX:IOTUSD
by MohamedSewid
Good time to buy IOTAIOTA (IOTA) is one of the first coins which I started to follow and invest in. This is trade (investment) setup on larger timeframe. I am not looking to reach targets 2,3,4 and 5 very soon, that could be year(s). I will sell most of my capital on targets 3 and 4. Small portion will be sold on Target 1 and 2. Entry Zone: 0.2599 – 0.3174 Buy Zone 1: 0.1057 – 0.1624 Target 1: 0.8783 – 0.9707 (177%) Target 2: 1.3817 – 1.4556 (335%) Target 3: 1.77 – 1.81 (468%) Target 4: 2.29 – 2.39 (631%)
Long
by Abmoon
16
Alikze »»GRT | Bearish Flag Pattern🔍 Technical analysis: Bearish Flag Pattern According to the analysis presented in the previous post, after the completion of corrective wave B, an upward wave in the form of wave 3 or C grew to the size of 1.272 fibo of the previous wave itself. - Therefore, this rising wave can be labeled as wave one. 💎 According to the structure and behavior of the three-wave correction, an ascending log equal to 61.8 fibo of the previous wave has been returned. 💎 In addition, this return wave was in a channel and formed a descending flag. Therefore, the bearish flag pattern can also correct as much as the bar. - This descending log can return at least 100% of the previous wave, which will be the range of 0.1446. - If it continues and breaks it, it can extend to the floor of the channel and shopping area. 💎 Resistance zone: limit 0.39 and fibo 61.8 channel ceiling 💎 Alternate scenario: If the 0.618 Fibo area breaks to the upside, the bearish scenario will be invalidated and should be re-examined and updated. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»«««
Short
by alikze
15
#IOTA Technical Analysis in Weekly TimeframeHello everyone, I’m Cryptorphic. For the past seven years, I’ve been sharing insightful charts and analysis. Follow me for: ~ Unbiased analyses on trending altcoins. ~ Identifying altcoins with 10x-50x potential. ~ Futures trade setups. ~ Daily updates on Bitcoin and Ethereum. ~ High time frame (HTF) market bottom and top calls. ~ Short-term market movements. ~ Charts supported by critical fundamentals. Now, let’s dive into this chart analysis: IOTA is under a descending triangle pattern, and the CMP is at the supporting trendline of $0.1448. This support level is crucial for IOTA to hold. A breakdown and close below this level will likely continue the bearish pattern. On a positive note, if IOTA sustains the current support level, we will likely see a rebound, testing to break the resistance trendline at around $0.26. Key Observations: ~ Crucial Support: $0.14. ~ Resistance: $0.26. ~ Rebound Invalidation Point: Weekly breakdown and close below the current support level. DYOR, NFA. Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see! Thank you! #PEACE
by Cryptorphic
1