The response to the presale has been immense – with almost $3 million in funding raised so far. By taking this approach, Wall Street Memes team aims to reward those who show early faith in the project. On that note, the presale is split into 30 stages, each with its own price point. However, the technical indicator Relative Strength Index (14) is seen hovering above the 60-level, confirming the slight bullish movement in the market.
The IOTA price is hovering above the 9-day and 21-day moving averages at the time of writing. Meanwhile, any bearish movement toward the south could bring the coin to the support level of 650 SAT and below, but breaking to the upside may take it to a new high. However, a possible cross above the upper boundary of the channel may cause the coin to hit the resistance level of 850 SAT and above.
The technical indicator Relative Strength index (14) is seen facing the 70-level, which increases the bullish movement. Meanwhile, 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).Īgainst Bitcoin, the IOTA price is hovering above the 9-day and 21-day moving averages. On the contrary, if the coin slides below the 21-day moving average, it could return the coin to the support levels of $0.170, $0.160, and $0.150 respectively. IOTA Price Prediction: MIOTA Price May Move to the UpsideĪs the daily chart reveals, the IOTA price is currently exchanging hands above the 9-day moving average, if the coin continues with the bullish movement, the bulls may head toward the upper boundary of the channel where it could hit the resistance levels of $0.240, $0.250, and $0.260. In the last few hours, the IOTA price begins to move upward as the coin prepares for the upside.
IOTA TO USD SOFTWARE
MIOTA/USD is hovering above the 9-day and 21-day moving averages at the time of writing. There are different opinions on possible market cap of IOTA, Fundstrat thinks that nearly 150 USD could be possible in 10 years from now, while Strnadl from Software AG thinks it could rather reach 1000 USD in 10-15 years. Join Our Telegram channel to stay up to date on breaking news coverageĪccording to the daily chart, the IOTA price prediction shows that MIOTA is likely to cross above the upper boundary of the channel.
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