IOTA Fails to Gain Big; Value Hovers Around $0.254

• IOTA gains a mere 0.23% in the last 24 hours
• IOTA’s next halt is expected to come at 0.2582 USD

IOTA price merely raised by 0.23% in the last 24 hours, and the value has now reached 0.254 USD. The three price swings have given a price range of 0.251 USD and 0.2576 USD.

IOTA Price Analysis

IOTA opened the day trading at 0.25358128 USD, and the first swing happened between 00:11 UTC and 04:15 UTC. In these 4 hours and 4 minutes, it lost 0.0032 USD and got placed at 0.2510 USD. This was followed by a 2.62% hike in the next 18 hours and 7 minutes, which helped MIOTA to be placed at 0.2576 USD. The last variation cost 1.51% and pushed the value to 0.25376 USD.

IOTA’s market cap also has faced a slump in these hours, and between October 24 and 25, it fell to 710.866 million USD from 712.224 million USD.

IOTA’s current trading price is 0.25418846 USD, while its 20-day and 50-day moving averages stand at 0.27110521 USD and 0.26942757 USD, respectively. The current price is 5.65% and 6.23% less than the 50-day average and 20-day average respectively. Therefore, according to IOTA Predictions, the coin may halt at 0.2582 USD in the upcoming few days.