IOTA Price Prediction for Today, September 13

IOTA Price Prediction for Today, September 13 – MIOTA Technical Analysis

Updated: 14 September 2023

Disclosure

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The IOTA price prediction shows that MIOTA heads toward the upper boundary of the channel after the bearish action hits the daily low at $0.155.

IOTA Prediction Statistics Data:

IOTA price now – $0.168
IOTA market cap – $470.4 million
IOTA circulating supply – 2.7 billion
IOTA total supply – 2.7 billion
IOTA Coinmarketcap ranking – #68

MIOTA/USD Market

Key Levels:

Resistance levels: $0.190, $0.200, $0.210

Support levels: $0.140, $0.130, $0.120

IOTA Price Prediction for Today, September 13 – MIOTA Technical Analysis — IOTAUSD – Daily Chart

At the moment, MIOTA/USD is trading up 4.99% at its current price of $0.168 resistance level, which marks a notable bullish movement for the coin. In the near term, MIOTA/USD could find the nearest resistance level at the $0.175 level, as the market price moves to cross above the 9-day moving average to continue the bullish movement.

IOTA Price Prediction: MIOTA Price May Go Bullishly

The IOTA price is trading within the 9-day and 21-day moving averages, waiting for a cross toward the upper boundary of the channel. Meanwhile, the coin may need to move above the resistance level of $0.175 to give the crypto a boost above $0.180 before reaching the important resistance levels at $0.190, $0.200, and $0.210.

However, the technical indicator Relative Strength Index (14) has a bullish feel heading toward the 60-level. If the coin slides and heads toward the lower boundary of the channel, the first support level could be located at $0.150, and if this level is cleared, IOTA can make an additional bearish cross below the channel. Moreover, the critical support levels could be found at $0.140, $0.130, and $0.120 respectively.

IOTA/BTC Faces the Upside

Against Bitcoin, the IOTA price is hovering within the 9-day and 21-day moving averages, trading at 643 SAT. However, the technical indicator Relative Strength (14) is moving toward the 60-level as bulls step back into the market.

Moreover, any bullish movement above the upper boundary of the channel could hit the resistance level of 730 SAT and above. However, a lower sustainable move may delay the bullish pattern and this could attract a new seller into the market with the next focus at 540 SAT and below.

Alternatives to IOTA

The IOTA price is in the hands of the bulls as the coin trades above the 9-day moving average to touch the daily high of $0.170. However, due to the current bullish movement, the coin may soon cross above the upper boundary of the channel as the technical indicator Relative Strength Index (14) moves toward the upper boundary of the channel with the signal line pointing to the north for more bullish signals.

At the same time, the Wall Street Memes token has advanced to its conclusive stage, offering you the opportunity to purchase it at the current presale rate before it gets listed on exchanges. Thus far, it has amassed over $25 million in funding in preparation for its official launch in the forthcoming days.

The outlook on most coins is bearish for this month and this year, while the outlook on Wall Street Memes presale token is bullish. The future of this unique token is very bright and it will be a huge boon to your investment portfolio.