Price Analysis

IOTA Records 7% Dip in the Last One Day; May Surge Up to $0.30

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  • IOTA within may surge up to $0.30 next few weeks
  • IOTA positions itself as the secure and trusted payment transfer platform

IOTA is currently making more buzz than ever. The firm has been successful in positioning itself as the most secure and trusted platform for payment transfer. This has further strengthened the coin’s position in the market, and IOTA is currently yielding huge profits to the traders. The current market performance of the coin depicts a rising trend ahead.

IOTA price statistics:

IOTA has recorded a dip of over 7% in the last one day; slumping from $0.28 to its current value at $0.26 as on October 4, 2019, at 08:04:39 UTC. The coin may start rising very soon and can be expected to cross $0.30 mark over the next few weeks. Today, it may also close trading at $0.28 or even above it.

IOTA Price
IOTA Chart By TradingView

Yesterday, the highest recorded value of IOTA was $0.28, and it was the same for the last 7-days also. The value of coin surged up to $0.31 in the last 30-days and went up to $0.41 in the last 90-days. Hence, it may start trading between $0.31 and $0.41 in the next few weeks. It may take another few years for the coin to reach $5 and set up a new record high value.

This is the perfect time for bulk investments in the IOTA token, which may benefit in the long run.

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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