IOTA Price Prediction for Today, December 29 – MIOTA Technical Analysis | Trending Viral hub

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Based on the daily chart, the IOTA price prediction shows that MIOTA is likely to break above the moving averages.

IOTA Prediction Statistics Data:

  • IOTA price now – $0.296
  • IOTA market cap: $904.8 million
  • IOTA circulating supply: 3 billion
  • Total IOTA supply: 4.6 billion
  • IOTA Coinmarketcap Ranking – #76

MIOTA/USD Market

Key levels:

Resistance levels: $0.380, $0.400, $0.420

Support levels: $0.200, $0.180, $0.160

IOTA Price Prediction for Today, December 29 – MIOTA Technical Analysis
IOTAUSD – Daily Chart

MIOTA/USD is hovering above the 9-day and 21-day moving averages at the time of writing. In the last few hours, the price of IOTA begins to rise as the coin prepares for the rise. However, the 9-day moving average is likely to surpass the 21-day moving average, confirming the slight bullish movement in the market.

IOTA Price Prediction: MIOTA Price May Go Up

As the daily chart reveals, the IOTA price It is currently trading above the 9-day and 21-day moving averages, if the coin continues the bullish movement, the bulls may head towards the upper boundary of the channel where it could reach the resistance levels of $0.380, $0.400 and $0.420. .

On the contrary, if the coin slides below the lower boundary of the channel, it could return it to the support levels of $0.200, $0.180 and $0.160 respectively. Meanwhile, long-term buyers should not worry about the small impact on the road, as MIOTA’s future is assured, as revealed by the 9-day moving average.

MIOTA/BTC heads north

Against Bitcoin, the IOTA The price is above the 9-day and 21-day moving averages. The bulls may need to increase buying pressure for the coin to reach the nearest resistance level of 800 SAT. However, a possible crossover above the upper boundary of the channel may be located at the resistance level of 900 SAT and above.

IOTA Price Prediction for Today, December 29 – MIOTA Technical Analysis
IOTABTC – Daily Chart

Meanwhile, any bearish move below the moving averages could take the coin below the lower boundary of the channel, which may place support at 500 SAT or below, but an upside breakout may take the coin to a new high.

Alternatives to IOTA

Currently, IOTA price has increased by 4.99%, reaching its current level of $0.296, indicating a major bullish trend for the coin. In the short term, MIOTA/USD could find its next resistance at the $0.800 level. As the market price strives to break above the upper boundary of the channel, the bullish momentum is expected to persist.

However, Bitcoin Minetrix (BTCMTX) is gaining traction as a novel token in contrast to established coins like IOTA, which has a market capitalization of $904.8 million. BTCMTX stands out for its decentralized cloud mining platform, which allows investors to passively earn BTC rewards by staking tokens. Currently, the pre-sale of BTCMTX is a great success and has raised close to 6.7 million dollars.

New crypto mining platform: Bitcoin Minetrix

Bitcoin Minetrix
  • Audited by Coinsult
  • Secure and decentralized cloud mining
  • Earn free Bitcoin daily
  • Native Token on Pre-Sale Now – BTCMTX
  • Staking Rewards: Over 100% APY

Bitcoin Minetrix


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