In the previous IOTA review, we wrote about a large range of IOTA rate: $ 1.1 - $ 2.2
The upper boundary was tested and not passed. A new growth attempt from $ 1.5 couldn’t even reach the $ 2.2 mark.
And now the rate on an increased volume went down out of the triangular consolidation.
It seems that the movement to support level at $ 1.1 begins. Moreover, MA cross is on sale on the daily charts and is already close to indicating sale on the weekly ones.
In case the $ 1.1 support does not stand, the next reduction target is seen at $ 0.67.
Profitable deals and follow our reviews!
All Technical Analyses from the ICEX team are on our website - https://app.icex.ch/en/feed/technical-analysis
#icex #bitcoin #Cryptocurrency #investment #exchange #analysis #technicalanalysis #IOTA
Topic: Decline of IOTA’s rate to the support level at $ 1.1 (Read 91 times)
Jump to: