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IOTA (MIOTA) Price Descends to $0.203 During the Intraday Movement

IOTA price movement is again spotted under a bearish trend. A few days ago, the coin was indicating improvement signs, but the same vanish again. During the time of writing, the coin was at $0.203, with a market cap of $564,708,826 and a circulating supply of $564,708,826. The coin isn’t showing any indications of improvement during the intraday working. It looks like the traders might have to bear losses today.

IOTA Price Prediction:

 

Yesterday, IOTA started dealing at $0.207. The price slipped to $0.206 by 0.54%. The coin kept trading at the same level for some time and later dropped to $0.203 by 1.84%. Further, the coin picked up and touched $0.211 by 4.50%. The currency couldn’t hold itself at the level and dropped to $0.203 by 3.66%. The price was spotted keeping the fall intact. IOTA price touched $0.200 by 2.61%. The closing hours brought some improvement that took the coin to $0.202 by 1.10%. The intraday movement in the coin reflected 2.47% fall. Today, IOTA opened the day with a drop of 1.29%. The price counters moved from $0.202 to $0.199. Further, the price picked up and touched $0.203 by 2.03%. The coin later slipped to $0.201 by 0.84%.

As per MIOTA Price Prediction, IOTA is anticipated to give flourishing results in the future. The coin is currently at $0.201. The immediate support level is at $0.200. The same would be breached at some time. The next support level at $0.196 might also be violated by the end of the day. The traders interested in IOTA are recommended for long-term investment. The specified period would give the desired result to the traders.

Matthew Diaz: Matthew Diaz is a full stack developer working in NameCoinNews on blockchain and cryptocurrency related websites. He has a comprehensive knowledge of exploring different technical tools to analyse market trends of cryptocurrencies. He has over a decade experience of technical analysis and assisting companies to achieve desired solutions. He is avid cyclist and music enthusiasts.