Price Analysis

IOTA Price Analysis: IOTA Price Dribbles In The Intraday Trading

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IOTA has been showing a remarkable recovery from the past few days. The coin came under the market pressure but soon revived itself. The traders, who have invested in IOTA must be experiencing a setback. Well, the same is only for today, and it would pass by day end. The coin was dealing with pretty good momentum. We are positive that it would return soon.

Current statistics of IOTA:

  • IOTA is currently dealing at $0.2396.
  • The ROI stands at -62.45%.
  • 2,779,530,283 MIOTA are circulating today.
  • 666,358,190 USD is marked as the Market Cap.
  • The 24-hour volume stands at 4,382,663 USD.

IOTA to USD Price Comparison:

The chart is taken from TradingView on 21st August 2019, at 04:41:39 UTC.

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IOTA Price Prediction
IOTA Price Chart by TradingView

IOTA price chart is reflecting a volatile movement in the coin. Yesterday, the coin opened at $0.2533. It immediately slipped from $0.2533 to $0.2399 by 5.29%. IOTA marked a recovery of 2.14% and climbed to $0.2450 from $0.2399. Later, the IOTA price started moving up. The coin climbed from $0.2409 to $0.2510 by 4.60%. Today, the IOTA again opened with an equal density of price drop as yesterday. The IOTA price counters switched from $0.2510 to $0.2381. The fall was of 5.15%.

IOTA Price Prediction and Conclusion:

IOTA price momentum has been astonishing for a long time. The coin is anticipated to start the recovery soon. The intraday chart couldn’t be as impressive as it was yesterday. The coin is also expected to start the price rally in some time. The forthcoming years would bring a big change in the coin. The traders can plan a long-term investment with IOTA.

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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