MIOTA price analysis: will the IOTA coin price exceed the $ 3 threshold?

  • MIOTA coin price is currently experiencing a strong upward trend that can help it climb above $ 3. It is currently trading at more than 10% gain on the intraday session.
  • IOTA price has formed a strong bullish engulfing pattern on the daily chart that can propel it to a new high. In contrast, the IOTA / BTC pair has also seen a gain of more than 5.65% in the past 24 hours

The IOTA coin price is currently seeing a strong upward momentum on the daily chart that may push the price above $ 3. The MIOTA price is currently close to the $ 1.9 value, up more than 9%. The asset price has an ROI of more than 175 732.03%, from which private and institutional investors have benefited for a very long time. IOTA bullish momentum may encounter resistance as it rises near the 2. goes up

Meanwhile, the coin’s support zone is around $ 1. The IOTA / BTC pair is also experiencing strong upside strength that can propel asset price to new highs. One can invest in IOTA according to their cap size and risk.

MIOTA price has a long way to go to break its all-time high of $ 5.6. IOTA’s price is currently trading below the 50 and 100 moving average, with a positive crossover in the last trading session. The 100MA line is near $ 1, which makes it a temporary impact zone. When the price crosses the $ 2.5 threshold, strong momentum can be seen. You can position your funds in the IOTA according to your needs.

The dominance of the MIOTA coin market along with market capitalization has taken a leap in the past few weeks. The IOTA’s volume to market capitalization ratio suggests strong bullish momentum going forward

The IOTA coin price is ready to jump to a new high

Source: trade view

The technical weekly chart of the IOTA price indicates a strong upward momentum. It has seen more than 66% growth over the past week. Asset price has formed a strong bullish pattern on the daily chart. It indicates that the price is ready to hit a new high. One can forecast bullish momentum to $ 3 in the future

diploma

The IOTA coin price is seeing a strong upward momentum that can push the price above $ 3. The IOTA / BTC pair may also hit a new high in the future.

TECHNICAL LEVELS

Main grant: $ 1

Main Resistance: $ 2.5

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