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Iotausdt

MIOTA Took Support At $1.55, Now Heading Towards $2.50IOTA price traded at $1.70 with a loss of 15.48% in the last 24-hour and 28.69% in the weekly time-frame. Furthermore, IOTA price bounced from the support of $1.55. In contrast, the market capitalization stands at $4.81 billion. Technically, investors can perceive a negative crossover in the EMA for a short while, and the price is below the 55-EMA. RSI index showcases an upward slope. Moreover, the price movement can be towards the resistance of $2.50 in future trading sessions. Resistance: $2.50 Support: $1.55
Long
by tcr_thecoinrepublic
IOTA - buyers are strong below 2 USD, do not panic sell hereTechnical: Our target at 2.18 USD has been reached and price overextended to 2.7 USD. Right now we are witnessing a huge sell-off (-40% at peak), mainly triggered by a chain reaction of margin longs being liquidated. At the moment we are finding support at the prior resistance line around 1.9 USD. BB Mid is at 1.88 enhancing this level. From here on I am placing buy-orders down to 1.60 to potentially leverage a few more spikes to the lower support line. Personally, I would not panic sell here as a second and potentially third drop should not be that strong. These are buy levels. Fundamental: The progress of the Iota Ecosystem is astounding. Chrysalis part 2, NFTs and Smart Contracts will enable endless use-cases combined with a zero-fee environment. Since the supply of tokens does not increase as it does for most other coins which have miners, we could soon reach a stage in which price keeps going up, regardless of the correlation with Bitcoin . The demand will increase exponentially, once we see Iota being used to send data & pay in the m2m economy. This is no trading advice. Good luck!
Long
by UnknownUnicorn3707027
IOTA/USDT expected bullish movement!Hi every One IOTA / TETHERUS IOTA/USDT has been in an ascending triangle but now the break out has happened and the expected projected price movement will be as much as the measured price movement (AB=CD) . Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!! Thank you for seeing idea . Have a nice day and Good luck
Long
by CobraVanguard
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