Price Analysis

IOTA Faces a Roadblock of 0.24%; Resistance May Come at $0.2752

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  • IOTA loses 0.24% in the last 24 hours
  • The next resistance may come at 0.2752 USD

IOTA has been under a price correction of 0.24%, and this has caused due to the three major price shifts in these 24 hours. The range of the price trend has been between 0.2758 USD and 0.2671 USD.

IOTA Price Analysis:

IOTA opened the day at 0.26933 USD, and in the next 2 hours and 37 minutes, it went as high as 0.2758 USD after a 2.43% hike. From there, it started weakening, and in the next 10 hours and 45 minutes, it lost 0.0087 USD to be placed at 0.26712 USD. The last variation happened between 13:24 UTC and 03:00 UTC today. This last swing added 2.33% or 0.0062 USD to push the value to 0.2733 USD.

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The market cap has also taken the hit in these 24 hours. In just one day, the market cap has reached 751.055 million USD from 752.993 million USD.

IOTA Price
IOTA Chart By TradingView

IOTA’s 20-day average is at 0.27373581USD, and the 50-day average stands at 0.26590273USD. The current price trend is at 0.26866518 USD; it is 1.03% more and 1.85% less than the 50-day average and 20-day average, respectively. IOTA’s next halt may come at 0.2752 USD.

IOTA (MIOTA) Resistance and Support Levels-
1st Resistance $0.275269667
2nd Resistance $0.279632333
3rd Resistance $0.282921667
1st Support $0.267617667
2nd Support $0.264328333
3rd Support $0.259965667

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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