IOTA Price Exhibits Indications of Profitable Intraday Closing

IOTA has been going through the fluctuating period. From the beginning of the month, the crypto market has felt a heavy movement. IOTA also reflected a similar movement. The first few days of the month took the coin price down, but soon it got upward movement. The price is booking a moderate uptrend. Today, the price is moving to break the immediate resistance level at $0.286.

IOTA Price Prediction:

September started at $0.250. IOTA price escalated a little but soon fell to $0.2255 from $0.26096 by 13.58%. Later, the coin reached to $0.31746 from $0.24088 by 31.79% hike. There was an immediate fall observed that brought IOTA coin price down to $0.22788 by 28.38% drop.

The month closed with an escalation of 21.34%. The price moved up to $0.27651 and closed the month. The month recorded overall progression of 11.24%. In the last fifteen days, we can clearly observe an uptrend in the price. A major escalation was recorded when IOTA moved up from $0.2633 to $0.2879 by 9.35%.

IOTA Price Chart
IOTA Chart By TradingView

IOTA is a high prospect coin. The currency has been giving good results to the traders in the past. The same is anticipated in the future. As per the MIOTA prediction, there is a high possibility that IOTA might close the day with a positive digit. IOTA coin would be best suited for long-term traders. The same would give the desired result. To gain short-term profits, traders should consider following calculated levels,

Resistance Level Price Support Level Price
R1 $0.286189 S1 $0.276182
R2 $0.291575 S2 $0.271561
R3 $0.296196 S3 $0.266175

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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