IOTA has been down by 0.80% over the last 24 hours, and its price against the US Dollar has been down to $0.2664. It has been through three major swings since yesterday and traded between $0.2657 and $0.2744.
IOTA Price Analysis
Yesterday, in the initial hour, IOTA price spotted at $0.26861, and over the next 2 hours, it was down to $0.2657 by a 1.08% decline. After this marginal fall, the currency reflected steady upside movement and registered a 3.30% hike. At 19:36 UTC, IOTA price was at $0.2744, but then, the coin faced a sudden decline and over the next 7 hours & 49 minutes, the price fell to $0.26598065.
Along with the price against the US Dollar, the market cap of IOTA has also been hit badly. On October 20, it was 752.93 million USD, and it has been down to 744.40 million USD today.
IOTA’s 20-day average stands at 0.2742717 USD, and the 50-day average is at 0.26509259 USD. The current trading price is 0.26645112 USD, which is 0.51% more than the 50-day average and 2.85% less than the 20-day average. According to MIOTA Predictions, It may find the next resistance at 0.273 USD.
| IOTA (MIOTA) | Resistance and Support Levels |
| 1st Resistance | $0.273887 |
| 2nd Resistance | $0.276887 |
| 3rd Resistance | $0.279722 |
| 1st Support Level | $0.268052 |
| 2nd Support Level | $0.265217 |
| 3rd Support Level | $0.262217 |
