Join Our Telegram channel to stay up to date on breaking news coverage
According to the daily chart, the IOTA price prediction shows that MIOTA is likely to move consistently within the channel.
IOTA Prediction Statistics Data:
- IOTA price now – $0.28
- IOTA market cap – $792.9 million
- IOTA circulating supply – 2.7 billion
- IOTA total supply – 2.7 billion
- IOTA Coinmarketcap ranking – #55
MIOTA/USD Market
Key Levels:
Resistance levels: $0.35, $0.37, $0.39
Support levels: $0.23, $0.21, $0.19
Your capital is at risk
MIOTA/USD is hovering above the 9-day and 21-day moving averages at the time of writing. In the last few hours, the IOTA price begins to move sideways as the coin prepares for the upside. However, the technical indicator Relative Strength Index (14) is seen hovering above the 50-level, confirming the slight bullish movement in the market.
MIOTA Price May Move to the Upside as TAMA debuts on OKX
As the daily chart reveals, the IOTA price is currently exchanging hands above the 21-day moving average, if the coin continues with the bullish movement, the bulls may head towards the upper boundary of the channel where it could hit the resistance levels of $0.35, $0.37, and $0.39.
On the contrary, if the coin slide below the 9-day and 21-day moving averages, it could return the coin to the support levels of $0.23, $0.21, and $0.19 respectively. Meanwhile, the long-term buyers should not be bothered by the small impact on the road, as the future of MIOTA is assured as revealed by the technical indicator Relative Strength Index (14).
Against Bitcoin, the IOTA price is hovering above the 9-day and 21-day moving averages. The technical indicator Relative Strength index (14) is seen facing the 70-level, which increases the bullish movement. However, a possible cross above the upper boundary of the channel may cause the coin to hit the resistance level of 1700 SAT and above.
Meanwhile, any bearish movement towards the south could bring the coin to the support level of 1300 SAT and below, but breaking to the upside may take it to a new high.
Join Our Telegram channel to stay up to date on breaking news coverage