Price Analysis

IOTA Embarks Slight Improvement Over the Last 24 Hours

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IOTA price movement has a history of astounding traders. The currency is popular for its hasty speed. The traders who have invested in the coin must be aware of the result-yielding proportion. The coin is anticipated to give good results to the traders.

The currency started dealing with the bear since the opening hours. However, recently, IOTA is seen marking improvement. The same has spiked hope among the intraday traders that the coin might fight the market pressure and close the day with a profitable digit.

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IOTA Price Prediction

Yesterday, IOTA started dealing at $0.25818. The price slipped to $0.25410 within the next few hours. Later, the price escalated to $0.26848 by 5.6%, marking it as the highest point of the day. The price slipped to $0.2584 by 3.73%. Later, the IOTA price again picked up and touched $0.2662 by 3.05%. The currency dropped to $0.2634 by 1.10% in the later hours. The intraday movement of the coin reflected an overall improvement of 2%. Today, the coin started dealing at $0.2634. The price slipped to $0.2578 by 2.11%. Recently, IOTA has embarked uptrend once again. The price is currently dealing at $0.26223.

IOTA Price
IOTA Chart By TradingView

Unlike many other coins in the market, IOTA is currently indicating improvement. There are many coins in the market that are dealing at or below the major support level. Here, IOTA hasn’t breached the immediate support level. IOTA is recommended for long-term investors as it would bring the traders their desired return.

Resistance Level Price
R1 $0.270999
R2 $0.276885
R3 $0.28353
Support Level Price
S1 $0.258468
S2 $0.251823
S3 $0.245937

Mehak Punjabi

Mehak Punjabi is a post graduate in MBA with specialization in Finance and has joined CryptonewsZ with a skill building view in the world of cryptocurrency and blockchain. She is dynamic and a quick learner with a hold on financial analysis.

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