8/10/2023 0 Comments Iota prediction 2017![]() ![]() However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. Moving forward, it will be important to monitor the MIOTA market sentiment, the key support and resistance levels, and other metrics. MIOTA would have to increase by 13.46% to hit our $ 0.328996 target within the next five days. The bottom line about this IOTA predictionĪfter considering the above factors, we can conclude that the current forecast for IOTA price prediction is Bearish. MIOTA is now trading above the SMA 200, signaling that the market is currently bullish. Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the MIOTA closing price for the last 200 days. Currently, IOTA is trading above the SMA 50 trendline, which is a bullish signal. The 50-day Simple Moving Average (SMA 50) takes into account the closing price of IOTA over the last 50 days. The RSI 14 for IOTA is at 35.96, suggesting that MIOTA is currently neutral. The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how IOTA is positioned in the market right now. Let’s take a look at what some of the most important technical indicators are signaling. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. Crypto market is currently experiencing Extreme FearĬurrently, the Fear & Greed index is at Extreme Fear, which signals that investors have a negative outlook on the market. This results in an overall Bearish sentiment for IOTA. With 100% of indicators favoring a negative prediction. Bearish sentiment for IOTAĠ indicators are currently signaling a bullish prediction for IOTA, while 28 indicators are showing a bearish forecast. The sentiment in the IOTA markets is currently Bearish, and the Fear & Greed index is reading Extreme Fear. IOTA technical analysis for today - Jun 12, 2022 ![]() IOTA recorded 16 green days in the last 30 days. MIOTA has been displaying low volatility recently – the 1-month volatility of the coin is at 6.01. The current MIOTA cycle high is $ 2.68, while the cycle low is at $ 0.077481. IOTA reached its all-time high price on Dec 06, 2017, when the price of MIOTA peaked at $ 5.54. ![]() On this day last year, MIOTA was trading at $ 1.12. The long-term picture for IOTA has been negative, as MIOTA is currently displaying a -74.06% 1-year price change. The medium-term trend for IOTA has been bearish, with MIOTA dropping by -59.14% in the last 3 months. IOTA has been displaying a positive trend recently, as the coin gained 3.71% in the last 30-days. MIOTA Price Prediction Chartīuy/Sell IOTA What has been going on with IOTA in the last 30 days This would represent a 13.46% price increase for MIOTA in the next 5 days. ![]() MIOTA performed poorly against BTC today and recorded a -0.92% loss against the world’s largest cryptocurrency.Īccording to our IOTA price prediction, MIOTA is expected to reach a price of $ 0.328996 by Jun 17, 2022. The coin underperformed the cryptocurrency market, as the total crypto market cap decreased by -6.84% in the same time period. Is trading at $ 0.289960 after losing -5.42% in the last 24 hours. MIOTA price is expected to rise by 13.46% in the next 5 days according to our IOTA price prediction
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