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IOTA (MIOTA) Marks Impressive Hike; Trades Above $0.165

IOTA price has been giving positive signals over the past few days. In the first week of this month, the coin marked a tremendous hike and crossed a $0.17 mark. However, later, it reflected downside correction, but recently, the coin regained its upside momentum. The price was mostly trading with over the last 30 days, with the price fluctuating between the range of $0.1335 – $0.1730.

IOTA Price Analysis

IOTA/USD Chart By TradingView

IOTA has taken positive upward strides over the past few days. On March 26, it was trading at $0.1488, but from this price point, it marked a moderate fall, and the price dropped to $0.1335 by 9.93%. However, after trading below $0.14, IOTA currency reflected strong recovery and registered a 29.83% hike and reached $0.1730. Then, after some time, the price of IOTA again fell and reached $0.1445 on April 16.

However, this did not deter the coin from again making a recovery to the tune of 12.72% on April 19 at $0.1639. After that, the coin faced corrective pullback, and the price traded downwards to $0.1545 by 4.83% decline, but today, IOTA managed to show upside momentum and touched $0.1662.

IOTA currency continues to move in the upper range unabated by the bearish pressure raising the hopes of its investor community. And as per the current momentum and IOTA Prediction, the coin will continue to take positive strides even in the upcoming weeks.

Vivaan Shah: Vivaan Shah is a professional Forex and Cryptocurrency Market Analyst with a background in Finance. He has worked in several foremost publications before getting into NameCoinNews. He has been involved in the cryptocurrency for years. He loves to spend his free time in recording podcasts for crypto beginners. He also enjoys to explore cryptocurrency products.