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IOTA Price Continues to Deter, Trades Around $0.24

For the Californian community of IOTA is hosting an event tomorrow related to IoT, data marketplaces, and distributed ledger technology for mobility & smart city apps.

IOTA to USD Price Analysis & Forecast

On August 17, the trading price of IOTA (MIOTA) was approximately 0.247282 USD. However, within 25 days, the crypto toppled by 2.72%. Nevertheless, in a week of trading, it showed a hike of 3.79% as against 0.231725 USD on September 07. Intraday trading reflected the coin having a flattish trend. It opened, yesterday, approximately at 0.238759 USD, and with a slight downward slide of 0.95%, ended the day at 0.236494 USD.

The immediate resistance will be 0.2458 with the support level at 0.236 USD.

The enlightening community regarding the idea of the chain is an essential factor of any blockchain. And regular meets are an essential way for achieving this and the foundation is holding such meets on a daily basis. Meanwhile, investors should hold the chips for now, as the coin will provide an ample amount of time for cashing out of IOTA chips. According to the IOTA Price Forecast, the next immediate resistance for IOTA is likely to be at $0.2458.

Sara Gillard: Sara Gillard is media focused research analyst and strategist with a background in blockchain technology and cryptocurrencies. She contributes latest news and insights into digital economy at a global level. She holds investments in BTC and several altcoins. She is optimistic about potential of cryptocurrencies. In her free time, she enjoys running and aerobics.