For long-term IOTA price predictions click here.IOTA (IOT) is the native currency of the IOTA platform designed to maintain, facilitate, and create an incentive for a machine-to-machine economy. 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 8.88% to hit our $ 0.325802 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 42.15, 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 25 (Extreme Fear), which signals that investors have a negative outlook on the market. ![]() This results in an overall Bearish sentiment for IOTA. With 62% of indicators favoring a negative prediction. Bearish sentiment for IOTAġ2 indicators are currently signaling a bullish prediction for IOTA, while 20 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 - Aug 24, 2022 IOTA recorded 17 green days in the last 30 days. MIOTA has been displaying low volatility recently – the 1-month volatility of the coin is at 7.87. 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 -73.39% 1-year price change. ![]() The medium-term trend for IOTA has been bearish, with MIOTA dropping by -12.30% in the last 3 months. IOTA has been displaying a negative trend recently, as the coin lost -1.60% 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 8.88% price increase for MIOTA in the next 5 days. MIOTA performed well against BTC today and recorded a 3.91% gain against the world’s largest cryptocurrency.Īccording to our IOTA price prediction, MIOTA is expected to reach a price of $ 0.325802 by Aug 29, 2022. The coin outperformed the cryptocurrency market, as the total crypto market cap increased by 2.55% in the same time period. ![]() IOTA price today is trading at $ 0.299218 after gaining 3.33% in the last 24 hours. MIOTA price is expected to rise by 8.88% in the next 5 days according to our IOTA price prediction IOTA dropped -1.60% in the last month and is down -73.39% since 1 year ago.IOTA is currently trading 8.16% below our prediction on Aug 29, 2022.IOTA is up 3.33% today against the US Dollar.Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. The information provided is for general purposes only. Disclaimer: This is not investment advice.
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