IOTA Price Prediction: mIOTA Forecast Analysis

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IOTA (mIOTA) Price Predictions: Expert Market Data Forecasts and mIOTA/USD Value Charts

Contents


IOTA (mIOTA) Daily Price Forecast: March 18, 2019

  • In the medium-term, IOTA/USD market still experiences a range price movement.
  • IOTA/USD trade has relatively experienced a drop in valuation in the short-term market.

IOTA/USD Medium-term Trend: Ranging

  • Resistance levels: $0.32, $0.34, $0.36
  • Support levels: $0.25, 0.23, $0.21

IOTA/USD trade has been hovering around $0.3 mark while the market starts this week. The said price point is as well found between the two trading indicators. As at now, the market has been trading around the 50-day SMA.

The Bollinger Upper and Middle Bands are located within $0.32 and $0.3 market levels. The Stochastic Oscillators have penetrated into the oversold zone.

The IOTA market against the US dollar now relatively looks going bearish as the current market price appears slightly hitting hard at the 50-day SMA’s location. Experiencing price consolidation movements around the 50-day SMA could result in letting the bears find another lower mark below the $0.3.

IOTA/USD Short-term Trend: Bearish

IOTA/USD short-term chart has shown that market trend has been somewhat bearish today. The pair was formerly closed to both the 50-day SMA and the Bollinger Upper Band from below.

Yesterday, the crypto-trade was majorly in a range. Currently, all the indicators, except the Bollinger Lower Band are found in the $0.31 and $0.3 range zones within which the market was seen yesterday. The crypto-trade has now got a dump to a low level of around $0.028 mark. The Stochastic Oscillators are located within the oversold zone to seemingly continue to consolidate in it.

In the short run of this market, the bears now appear losing stance gradually. Meanwhile, a spike is now expected to emerge below the Bollinger Middle Band to suggest the possibility of an end to the current market downfall.

Author: Azeez M


IOTA (mIOTA) Long-term Price Forecast: March 16, 2019

  • The long-term outlook remain in consolidation.
  • The bulls remained in control of the market within the range.

IOT/USD Long-term Trend -Ranging

Supply zone: $0.6000, $0.7000, $0.8000
Demand zone: $0.1000 $0.0800, $0.0600

IOTA continues in a range-bound market in the long-term outlook. The bulls kept the momentum up as predicted and took control of the market. The breakout from the two EMAs on 14th march confirms the journey towards the upper supply area of the range.

MIOTAUSD rose to $0.3224 in the supply area from cryptocurrency low of the week at $0.2757 in the demand area.

With price above the two EMAs crossover and the stochastic oscillator signal pointing up at 81% in the overbought region, It suggests that the bulls may continue the journey up north as the new trading week commences.

MIOTAUSD is ranging and trading between $0.3286 in the upper supply area and at $0.2600 in the lower demand area of the range. A breakout at the upper supply area or breakdown at the lower area may occur hence traders should be patience.

Author: Azeez M


IOTA (mIOTA) Daily Price Forecast: March 11, 2019

  • IOTA/USD trade movements are still basically featured in a range.
  • Traders should be wary of $0.28 mark while placing an order in the IOTA/USD market.

IOTA/USD Medium-term Trend: Ranging

  • Resistance levels: $0.32, $0.34, $0.36
  • Support levels: $0.25, 0.23, $0.21

The market worth of IOTA being traded against the US dollar has come up featuring in a range since the market commences this week. The crypto-trade’s range zones have been seen formed at $0.3 and $0.28 marks.

All the trading indicators are now being embodied around and within the current range zones. The Bollinger Middle Band and the 50-day SMA are conjoint between the Bollinger Upper and Lower Bands. The Stochastic Oscillators have slightly crossed below range 60 to point south.

The bears are seemingly still having the potential of making a fierce pushing in the market as the bulls haven’t shown a stronger strength yet.

IOTA/USD Short-term Trend: Ranging

IOTA/USD trade stance has since been basically experiencing a line of lower lows within $0.29 and $0.28 marks today. The market is found in the short-term run been trading around the Bollinger Lower Band near the lower range spot.

The Bollinger Upper Band is located around the upper range spot, and the 50-day SMA indicator and the Bollinger Middle Band have joined together in the range. The Stochastic Oscillators have dipped into the oversold zone. They have now crossed within it briefly to point north below range 20. That signifies that bears’ trade force may soon be exhausted in the market.

As at present, this crypto-market is still relatively under falling pressure, and may still be pushed southwards further past its $0.28 current lower range mark. Meanwhile, that market point could as well result in the market’s turnabout afterward.

Author: Azeez M


IOTA (mIOTA) Long-term Price Forecast: March 9, 2019

  • The long-term outlook is in consolidation.
  • The bulls may dominate the market in the range.

IOT/USD Long-term Trend -Ranging

Supply zone: $0.6000, $0.7000, $0.8000
Demand zone: $0.1000 $0.0800, $0.0600

IOTA returns to a range-bound market in the long-term outlook. The bears kept the pressure up with the first initial target at $0.2669 on 7th March attained. Increased momentum led to further drop in price to $0.2621 in the demand area before the loss in momentum and the daily candle closed a hammer, an indication that the bulls are gradually staging a return.

The sustained bullish momentum pushed the cryptocurrency up to $0.2981 in the supply area as the week gradually ends on 9th March and the cryptocurrency enters into consolidation.

The stochastic oscillator signal points up at 28% and price is above the 10-EMA an indication that the bulls may sustain the momentum in days ahead as price moves toward the upper price range.

MIOTAUSD is ranging and trading between $0.3286 in the upper supply area and at $0.2600 in the lower demand area of the range. A breakout at the upper supply area or breakdown at the lower area may occur hence traders should be patience.

Author: Azeez M


IOTA (mIOTA) Daily Price Forecast: March 4, 2019

  • IOTA/USD trade has been taken up by the bears as at the start of trading this week.
  • A price correction could come up, and have it stand in the market especially while the Bollinger Middle Band is somewhat breached northwards.

IOTA/USD Medium-term Trend: Bearish

  • Resistance levels: $0.32, $0.34, $0.36
  • Support levels: $0.24, 0.22, $0.2

The market valuation of IOTA/USD started falling this week while it couldn’t push northwards at $0.3 mark. The pair, falling from that point has now been seen approaching support at $0.26 price level.

The Bollinger Middle Band and the 50-day SMA are closely located very near below this week’s high current market value at the $0.3 mark. The market has been trading along the Bollinger Lower Band towards the south direction presently. The Stochastic Oscillators have dipped into the oversold zone, and yet they still point south to confirm the bears’ action in the market.

Ordinarily, the bears have now had the higher probability of getting this crypto-trade southwards further to a low point around or below $0.26. Traders should always look out for a good set-up.

IOTA/USD Short-term Trend: Bearish

There has been a significant market decline in the IOTA/USD trade worth in the short-term run today. Sequentially, the pair started its falling at around $0.29 mark towards approaching $0.27 level.

Yesterday, the pair was basically moving within range zones of around $0.3 and $0.29 marks. The market depressions have been as well notably carried out along with the trend line of the Bollinger Lower Band. The 50-day SMA is located over the Bollinger Middle Band with a notable small space between them. The Stochastic Oscillators have penetrated into the oversold zone to consolidate within it.

There’s a possibility of seeing this market running in a consolidation mode below the 50-day SMA indicator trading area. In contrary, a correction may occur mostly while the Bollinger Middle Band is stylishly breached northward.


IOTA (mIOTA) Long-term Price Forecast: March 2, 2019

  • The bears are in control of the long-term outlook.
  • Traders may look to sell with bearish reversal candlestick pattern at pullback areas.

IOT/USD Long-term Trend -Bearish

Supply zone: $0.6000, $0.7000, $0.8000
Demand zone: $0.1000 $0.0800, $0.0600

IOTA returns to a bearish trend in the long-term outlook. The bullish momentum was lost at $0.3376 in the supply area on 24th February. This occurred after the rejection of upward price movement and subsequent bears aggressive return. The cryptocurrency dropped to $0.2801 in the demand area.

Increased bearish pressure during the week further pushed MIOTAUSD to $0.2757 in the demand area. This was the low of the week.

The cryptocurrency gave a head and shoulder pattern formation on a long-term outlook, which favours the bears. The right shoulder is developing and the new week may saw the bears establishing the right leg.

$0.2669 in the demand area is the bears initial target. A break in this area may see the cryptocurrency drop to $0.2400.


IOTA (mIOTA) Daily Price Forecast: February 25, 2019

  • IOTA/USD featured a candlestick with an inverted hammer this week, and that eventually led it to dropping downwards to a $0.28 low mark today.
  • If the bulls lack the capacity of breaking out the Bollinger Upper Band to the north in the short run, there's every tendency of seeing more downs in this crypto-market.

IOTA/USD Medium-term Trend: Bearish

  • Resistance levels: $0.34, $0.36, $0.38
  • Support levels: $0.25, 0.23, $0.21

IOTA/USD market started declining this week while it closely averaged the $0.34 immediate resistance level. The crypto firstly featured a 4-hour candlestick with an inverted hammer, and that eventually led to dropping downwards to a $0.28 low mark today.

The market has now been trading around the Bollinger Lower Band at the said low point. The Bollinger Middle Band has touched the 50-day SMA from the top at a point a bit over $0.3. The Stochastic Oscillators have just dipped into the oversold zone. They now appear to close hairs within it, and that could result in seeing range movements.

In the medium run, there may soon be a good buying window opportunities between $0.30 and $0.26 marks. Traders are only enjoined to watch out for a suitable buy set-up before entering.

IOTA/USD Short-term Trend: Ranging

Yesterday, there was a sharp decline in the market valuation of IOTA/USD after a line of range movements around $0.33 and $0.32 marks. Towards the end of the trading sessions, the crypto eventually ranged around $0.29 market point.

Basically, in today’s session, this crypto-market has been witnessing a series of lower lows around $0.29 and $0.28 price levels. The Bollinger Bands are located underneath the 50-day SMA. The Stochastic Oscillators have conjoined their hairs within ranges 40 and 20. That could be a signal for probably having a consolidation movement soon.

There still a tendency of seeing this crypto-trade getting shrunk southward further while the bulls lack the capacity of breaking out the Bollinger Upper Band to the north and maintain a position above it. Traders should be wary of bears’ trap as at now.


IOTA (mIOTA) Long-term Price Forecast: Feb 23, 2019

  • The bulls remained in control of the long-term outlook.
  • Responsible buying may be considered especially at pullback areas.

IOT/USD Long-term Trend -Bullish

Supply zone: $0.6000, $0.7000, $0.8000
Demand zone: $0.1000 $0.0800, $0.0600

IOTA continues in a bullish trend in the long-term outlook. The strong bullish pressure within the week attained the predicted target at $0.3000 in the supply area on 18th February. This was achieved with a large bullish engulfing candle that broke the two EMAs and pushed price further up to $0.3171.

Increased bullish pressure led to a rise in the cryptocurrency price to $0.3316 in the supply area before the minor drawdown to $0.2964 in the demand area on 21st February. This was necessary for the market correction before uptrend continuation.

Price is clearly above two EMAs crossover and the stochastic oscillator signal points up at 83%. This suggests an upward momentum in price in the long-term.

$0.4000 in the supply area is s sweet target for the bulls in the long-term. This may be attained in the new trading week with increased bullish momentum as more candles opened and closed above the two EMA crossover.


IOTA (mIOTA) Daily Price Forecast: February 18, 2019

IOTA/USD Medium-term Trend: Ranging

  • Resistance levels: $0.32, $0.34, $0.36
  • Support levels: $0.26, 0.24, $0.22

By taking a keen look at the IOTA/USD market trading outlook, the crypto has been seeing a sequential price movement of lower highs. Around $0.28 and $0.3 price levels have been noted as the current range zones.

During the trading sessions on February 15, price slightly broke past the 50-day SMA and the Bollinger Middle Band at their conjoint spot a bit below the lower range zone. Yet the indicators are still found a bit below the aforementioned point. The Stochastic Oscillators have briefly moved past range 60 to point north.

The bulls seem not intensifying their force in the market, and as a result of that, they may be losing entries to bears around $0.32 and $0.28 marks.

IOTA/USD Short-term Trend: Ranging

Though IOTA/USD market has been enjoying a relative rise in price valuation, then, it is still being within a range. The pair’s range zones in the short-term run are $0.29 and $0.29 levels.

Yesterday, the market had once witnessed a short sudden decline while it tested around $0.293 point; shortly find a foundation around the current lower range zone. Today, the price has once again faintly risen to trade along the Bollinger Upper Band. The 50-day SMA is found a bit below the Bollinger Middle Band. The Stochastic Oscillators are now slantingly bent to point north-east direction below range 80. That could mean an indecision period of the market for now.

As the market has been hovering around the upper range zone, traders are enjoined to follow a decent price action involving a bullish reversal pattern to depict a good set-up for a sell order.


IOTA (mIOTA) Long-term Price Forecast: Feb 16, 2019

IOT/USD Long-term Trend -Bullish

Supply zone: $0.6000, $0.7000, $0.8000
Demand zone: $0.1000 $0.0800, $0.0600

IOTA remains in a bullish trend in the long-term outlook. $0.2966 in the supply area was the limit the bullish pressure on 10th February before the loss in momentum. The large bearish marubozu candle on 11th February signaled the bears' presence. The cryptocurrency dropped to $0.2648 in the demand area but failed to continue to due to exhaustion.

The hammer formed at $0.2738 on 14th February coupled with the bullish spinning the following day suggests bullish pressure.

Price is above the 10-EMA and the stochastic oscillator signal points up at 63%. This suggests an upward momentum in price in the long-term. $0.3000 in the supply area remain a target for the bulls in the long-term. This may be attained in coming days with stronger bullish pressure with more candles opened and closed above the two EMA.


IOTA (mIOTA) Daily Price Forecast: February 11, 2019

IOTA/USD Medium-term Trend: Ranging

  • Resistance levels: $0.32, $0.34, $0.36
  • Support levels: $0.24, 0.22, $0.2

On February 7, the IOTA/USD market line began to sequentially rise northwards from around $0.24 low price level to average $0.30 mark. The last 4-hour candlestick formed on February 8, now marks a new range spot of this crypto-trade at around $0.28 mark.

The Bollinger Upper and Middle Bands are located around $0.30 and $0.28 price levels as the crypto’s range movements are being witnessed within them. The Bollinger Lower Band has touched the 50-day SMA from below at $0.26 mark. The Stochastic Oscillators are seemingly pointing south-east.

The bulls may still have to find decent support around its $0.28 current range spot to be able to break out the $0.30 resistance level.

IOTA/USD Short-term Trend: Ranging

Yesterday, the market valuation of IOTA/USD experienced a short upsurge against its $0.29 upper range mark. In the short run, the crypto pulled back into ranges $0.29 and $0.28.

Today, the crypto-market begins to feature a short notable bearish candlestick formed between the Bollinger Upper Band and the conjoint of Bollinger Middle Band and the 50-day SMA. Presently, price has continued to range very tightly along with the conjoint indicators around its lower range spot. The Stochastic Oscillators are seemingly consolidating around range 20.

It now probably appears that bulls are trying to find a new trading stance in the IOTA/USD market. That may not now be achieved especially if the consolidation movement keeps on an intense note.


IOTA (mIOTA) Long-term Price Forecast: Feb 10, 2019

IOT/USD Long-term Trend -Bullish

Supply zone: $0.6000, $0.7000, $0.8000
Demand zone: $0.1000 $0.0800, $0.0600

IOTA is in a bullish trend in the long-term outlook. After a drop to $0.2383 in the demand area the bears lost momentum and failed to continue the downward movement on 6th February.

This sets the bulls up for the journey to the north with the formation of a bullish railroad at $0.2445 on 7th February.

MIOTAUSD rose to $0.26260 in the supply area. Increased momentum led to the break of the 10-EMA as cryptocurrency rose to $0.2941 on 8th February with the week ending as a bearish spinning top.

Minor draw down may occur in the days ahead but this should be seen as a correction to the strong bullish move before the resumption of upward movement.

Price is above the 10-EMA and the stochastic oscillator signal points up at 72%. This suggests an upward momentum in price in the long-term. A retest and breakout at $0.3000 is imminent as the bullish pressure becomes stronger and more candles opened and formed above the EMA.


IOTA (mIOTA) Daily Price Forecast: February 4, 2019

IOTA/USD Medium-term Trend: Ranging

  • Resistance levels: $0.28, $0.30, $0.32
  • Support levels: $0.22, 0.20, $0.18

Trading between MIOTA and the US dollar has since been witnessing sequential choppy price movements around $0,026 mark this week. Last week’s trading sessions saw a $0.28 high price value while the market touched the 50-day SMA from below.

Now, tightly below $0.26 mark, the pair has been hovering between the Bollinger Middle and Lower Bands until present. The 50-day SMA is located at the aforementioned spot a bit underneath the Bollinger Upper Band. The Stochastic Oscillators have slantingly bent southward and closed hairs closer to range 20.

$0.26 and $0.24 marks have appeared to be the real range zones of the market presently. In that wise, traders may now brace up and wait for a strong bearish reversal to ensue before considering a buy entry of the market.

IOTA/USD Short-term Trend: Ranging

There was basically a series of price decline in the IOTA/USD market yesterday. The pair started falling around $0.265 high point to eventually touch $0.252 mark slightly below the Bollinger Lower Band.

Today, the market has been slightly more of Shorty ups than downs around the Bollinger Middle Band’s trend line. Whilst all the indicators are located within the $0.26 and $0.25 marks, the 50-day SMA is closely located below the Bollinger Upper Band. The Stochastic Oscillators have crossed at range 60 to suggest the possibility of price downward movement.

It seemingly appears that bear is still much around the market corner as long as the 50-day SMA indicator is not broken northward. A trader has to look out for a decent entry point to carry out their position execution.


IOTA (mIOTA) Long-term Price Forecast: Feb 2, 2019

IOT/USD Long-term Trend -Bearish

Supply zone: $0.6000, $0.7000, $0.8000
Demand zone: $0.1000 $0.0800, $0.0600

IOTA remains in a bearish trend in the long-term outlook. The cryptocurrency is still within the downward channel in its long term outlook. The strong bearish pressure of last week session was sustained this week as MIOTAUSD dropped to a new low of the week.

$0.2460 in the demand area was attained on 29th January.

A minor pullback to the supply area occurred on 31st January as price rose to $0.2814. Rejection of the further upward movement was seen around the 10EMA as the daily candle ended as a bearish inverted hammer due to the bears taking over the market.

The journey to the lower line of the channel is opened as the new trading week looks good for the retest of the lower line of the downward channel.

Further confirmation to a bearish long-term outlook is the stochastic oscillator signal pointing down in the oversold region of 16% and price below the two EMAs.


IOTA (mIOTA) Daily Price Forecast: January 28, 2019

IOTA/USD Medium-term Trend: Bearish

  • Resistance levels: $0.34, $0.36, $0.38
  • Support levels: $0.22, 0.20, $0.18

IOTA/USD market in its first 4-hour trading period this week saw a weak bulls star-up, and as a result began to witness a significant decline until now. The crypto succumbed to the US dollar purchasing power to push southwards against $0.28 mark towards averaging $0.25 price level today.

As at now, price has been trading around the Bollinger Lower Band. $0.3 market line is found a mid-point between the Bollinger Upper Band and the 50-day SMA. The Stochastic Oscillators are consolidating around range 25 closely to the overbought zone.

Going by indicator signals, bears are still much in control of this crypto-market. The bulls may in the medium-term run make a come-back while the market pull upward against the Bollinger Middle Band.

IOTA/USD Short-term Trend: Bearish

IOTA price valuation has been on a note of dropping sequentially against the US dollar trade worth since yesterday. Today, the crypto-market has dropped to achieve a low market point of around $0.252.

Price appears to make a short rally from the low mark to now trade around $0.26 between the Bollinger Middle Band and the Bollinger Lower Band as both the Bollinger Upper Band and the 50-day SMA are closely located around $0.28 mark. The Stochastic Oscillators have crossed to point south a bit above range 25 to probably signify the expectation of the continuation of downward price movement of the market.

There is still a potential of witnessing more downs than ups in this crypto-trade as long as the Bollinger Lower Band doesn’t witness a strong reversal from below its market point.


IOTA (mIOTA) Long-term Price Forecast: Jan 26, 2019

IOT/USD Long-term Trend -Bearish

Supply zone: $0.6000, $0.7000, $0.8000
Demand zone: $0.1000 $0.0800, $0.0600

IOTA is in a bearish trend in the long-term outlook. The bullish pressure was lost after a nice ride to $0.3353 in the supply area on 19th January after a touch at the 50-EMA a strong resistance. The day ended as an inverted hammer.

The bears returned and with a large bearish candle and closed took cryptocurrency down to $0.2939 in the demand area below the 10-EMA on 20th January.

The bearish momentum was sustained within the week with MIOTA already down to $0.2831 as the trading week draws to a close.

The cryptocurrency is in a descending channel. The journey to the lower line of the channel is already started. This is obvious with price below the two EMAs and the stochastic oscillator signal pointing down at the oversold region of 18%.

These signal downward momentum in price. The new trading week may see the bears' pressure becomes much stronger as the coin approaches the demand area.


IOTA (mIOTA) Daily Price Forecast: January 21, 2019

IOTA/USD Medium-term Trend: Ranging

  • Resistance levels: $0.35, $0.40, $0.45
  • Support levels: $0.26, 0.23, $0.20

As at the time of writing today, IOTA/USD market has been showing a line of weak price movements around $0.30 mark. $0.32 upper price mark has remained the high market point that the crypto has been continually resisted barely over a week.

The last low market level was obtained closely to $0.28 horizontal line on January 14 while the USD couldn’t press the market southwards further. The Bollinger Middle Band is a bit located over the 50-day SMA within $0.32 and $0.30 marks. The Stochastic Oscillators have started consolidating their movement around range 20.

Should there be any effort of intensifying the consolidation movement on the part of Stochastic Oscillators; that may basically lead into bears’ force driving the market southwards further.

IOTA/USD Short-term Trend: Ranging

Yesterday, after a notable range movement in the IOTA/USD short-term trend market, the crypto declined from around a $0.32 high markdown to around $0.29 price level. Thereafter, the pair stylishly made a short pull-back to range around $.30 price level.

Today, the crypto spiked to cover up the major $0.31 and $0.30 short-term range zones as at its first trading hour session. The subsequent hours have been witnessing different degrees of range price movements within the said zones. The 50-day SMA is situated above the Bollinger Bands at a close range. The stochastic Oscillators are consolidating at around range 50.

There are indications that this crypto-market may still have to witness more downwards than upwards in its price movements. Therefore, a trader may look out for a good sell set-up before launching a position.


IOTA (mIOTA) Long-term Price Forecast: Jan 19, 2019

IOT/USD Long-term Trend -Bullish

Supply zone: $0.6000, $0.7000, $0.8000
Demand zone: $0.1000 $0.0800, $0.0600

IOTA is in a bullish trend in the long-term outlook. The bears' pressure pushed the cryptocurrency to the 61.8 fib area on 14th January as predicted in last week long-term price analysis before the bulls set in.

MIOTAUSD dropped to $0.2797 in the demand with the bullish railroad formation at the end of the trading day.

MIOTAUSD made a progressive increase as it resumes the journey north on 19th January with a breakout at the 10-EMA which was strong resistance against upward price movement with a touch at the 50-EMA.

With the stochastic oscillator pointing up at in 26% and price above the 10-EMA around the 38.2 fib area a trend continuation, the bulls may be heading to the 23.6 fib area in the long-term.


IOTA (mIOTA) Daily Price Forecast: January 14, 2019

IOTA/USD Medium-term Trend: Bearish

  • Resistance levels: $0.36, $0.40, $0.44
  • Support levels: $0.26, 0.22, $0.18

IOTA has been suffering from selling pressure while been overwhelmed by the US dollar price worth in the trade. Initially, it faced range movements within $0.40 and $0.36 marks.

On January 10, the crypto suddenly got a push southwards to break the lower range zone, hence the occurrence of the current bearish trend. As at now, the market has been trading below $0.30 mark around the Bollinger Lower Band. The 50-day SMA indicator is located above the Bollinger Bands. The Stochastic Oscillators have crossed from the oversold zone to point north briefly at range 20.

With the emergence of a bearish candlestick below the Bollinger Middle Band yesterday, it’s a signal that this cryptocurrency may still have to experience more downs in the market for a while.

IOTA/USD Short-term Trend: Ranging

In the short-term, the market has been ranging within $0.30 and $0.28 marks since the trading commences today. Unlike yesterday while the crypto-market firstly saw a long price range move around $0.31 horizontal price level a bit below the 50-day SMA indicator.

But, the crypto dropped while the USD had a stronger driving force to touch $0.29 market point. Today, the market has been hovering around the $0.29 mark within $0.30 and $0.28 well-defined range zones. The Bollinger Bands are located underneath the 50-day SMA. The Stochastic Oscillators have conjoined at around range 60 to signal the possibility of price consolidation continuity in the market.

A breakdown of the lower range could lead to having a new low market point between the $0.28 and $0.25 price points. A reversal against the said range may result in allowing the bull to safely stage a come-back into the market.


IOTA (mIOTA) Long-term Price Forecast: Jan 12, 2019

IOT/USD Long-term Trend -Bearish

Supply zone: $0.6000, $0.7000, $0.8000
Demand zone: $0.1000 $0.0800, $0.0600

IOTA is in a bearish trend in the long-term outlook. Although the week started on a bullish note at $0.3751 as MIOTAUSD rose to $0.4058 in the supply area on 6th January. The formation of a spinning top by the daily candle with wicks seen in the candles around the area indicates bullish exhaustion and trend transition.The double top still has a prevailing effect on the cryptocurrency.

The bears gradually return as indicated by the bearish doji but the final takeover of the market was confirmed by the large bearish engulfing candle on 10th January as the cryptocurrency dropped to $0.3008 in the demand area.

The journey down south may continue in the long-term as confirmed by the signal of the stochastic oscillator which points down at 16% which connotes downward momentum. Price is below the two EMAs an indication of strong bears pressure. The 61.8 or 78.6 of the fib levels may be attained as more candles formed and closed below the two EMAs.


IOTA (mIOTA) Daily Price Forecast: January 7, 2019

IOTA/USD Medium-term Trend: Ranging

  • Resistance levels: $0.42, $0.46, $0.50
  • Support levels: $0.34, 0.30, $0.26

IOTA as being traded against the market valuation of the USD has been witnessing quite a great deal number of choppy price movements since the beginning of this year, 2019. The range zones comprise of $40 and $36 marks.

Last week, the crypto-market rallied from around the lower range point to a swing high of around $40 price level. It got rejected on January 3 within the range, hence the return of lower lows. On January 6, both the two range zones were tested. Price has now been hovering around the 50-day SMA. The Bollinger Middle Band is closely located over the 50-day SMA. The Stochastic Oscillators have crossed at around range 60 to point south.

Traders are expected to watch out for a strong market reversal of either of the two range marks to decently follow its direction. Investors may consider joining the market now or allow a short dip to play before joining.

IOTA/USD Short-term Trend: Ranging

IOTA/USD market has been significantly experiencing a series of lower lows within $39 and $37 marks today. Yesterday, the crypto sprang northward to touch the high of $40 price level.

Thereafter, the pair got resisted while it lost momentum to the US dollar. Yet, the range zones are kept as none of the two market movers has been able to make a break-through. The 50-day SMA is underneath the Bollinger Middle Band with a short space between them. The Stochastic Oscillators have conjoined at range 40 to seemingly consolidate around it.

The crypto-market appears poised to still give in to lower lows than lower highs and that could as well result in revisiting the last low mark as occurred yesterday.


IOTA (mIOTA) Long-term Price Forecast: January 6, 2019

IOT/USD Long-term Trend -bullish

Supply zone: $0.6000, $0.7000, $0.8000
Demand zone: $0.1000 $0.0800, $0.0600

IOTA is in a bullish trend in the long-term outlook. The strong bullish pressure did push price up at $0.4067 in the supply area for a retest as predicted last week. This occurred on 2nd January as the momentum to the upside was temporarily lost.

The touch of price at this area created the double top formation. Furthermore, a bearish spinning top and a doji formed thereafter are signs that the bears are much presence.

With the stochastic oscillator signal pointing down at the overbought region of up at 63% and price hovering around the EMA. These suggest a minor downward momentum in price of the cryptocurrency in the days ahead before upward trend continuation.

Price above the two EMAs and within the 23.6 fibs, a drop to the 38.2 may occur which is s trend continuation zone. This should be seen as a pullback necessary for a market correction before the resumption of uptrend continuation as the long-term outlook is still bullish.


IOTA (mIOTA) Daily Price Forecast: December 31, 2018

IOTA/USD Medium-term Trend: Ranging

  • Resistance levels: $0.40, $0.45, $0.50
  • Support levels: $0.30, 0.25, $0.20

IOTA/USD market has been experiencing a series of price ranging movements since around December 29 until present. The crypto’s range zones are depicted by $38 and $34 marks.

Also in notation, most of the lower lows and lower highs are featured above both the 50-day SMA and the Bollinger Middle Band. The 50-day SMA is located a bit below the Bollinger Middle Band. The Stochastic Oscillators have headed downwards to touch range 40, they now apparently attempting to close.

This crypto has been trading around both the 50-day SMA’s trend-line and the Bollinger Middle Band to find foundations for a better upswing of its price movements. Bulls now look coming back into the market gradually.

IOTA/USD Short-term Trend: Ranging

Today, in about couple of trading hours, IOTA/USD price moved in a ranging manner but now it looks like the crypto is getting pressed downward to break the lower range. The crypto’s range zones in the short-term trend are $0.36 and $0.35.

In a similar manner, as at yesterday, the crypto basically moved within $0.37 and $0.36 marks. The Bollinger Middle Band and the 50-day SMA are now conjoined. The Stochastic Oscillators have just crossed below range 40 to point south.

It looks that the bears are now gradually prevailing over this crypto-market. A strong further push against the lower range may result in having a low market point between $0.34 and $0.33 price levels.


IOTA (mIOTA) Long-term Price Forecast: Dec 29, 2018

IOT/USD Long-term Trend -bullish

Supply zone: $0.8000, $0.9000, $1.0000
Demand zone: $0.1000 $0.0800, $0.0600

IOTA is still in a bullish trend in the long-term outlook. $0.4088 in the supply area was the high the bulls could manage to push the coin on 24th December before it lost momentum as exhaustion sets in with a bearish pinbar formed when the market session ended.

The retracement to the downside by the bears was around the 50.0 fib level, a trend reversal zone as price dropped to $0.3131 in the demand area.

The formation of a bullish engulfing candle was an indication of the bulls returned, MIOTAUSD was up at $0.3819 in the supply area on 28th December which is within the 23.6 fib level a trend continuation zone.

With the stochastic oscillator signal pointing up at 65% and price above the two EMAs crossover. These suggest upward momentum in price of the cryptocurrency in the days ahead with a retest of $0.4088 in the supply area and subsequent breakout in the long-term.


IOTA (mIOTA) Daily Price Forecast: December 24, 2018

IOTA/USD Medium-term Trend: Bullish

  • Resistance levels: $0.45, $0.50, $0.55
  • Support levels: $0.30, 0.25, $0.20

IOTA has been able to make a significant push northwards against the US dollar out of $0.25 and $0.2 range zones that it was confined last week. Noticeably, the crypto began its surging northwards a few hours to end December 17 trading sessions.

Since then, IOTA/USD market valuation has to be on a bullish trend between the Bollinger Upper and Middle Bands until now. Price has been trading around $0.40 mark. The Bollinger Bands are above the 50-day SMA. The Stochastic Oscillators are consolidating around range 75.

Bulls are expected to continue consolidating their presence in the market as levels around the Bollinger Middle Band could serve as a good entry for a long trading position.

IOTA/USD Short-term Trend: Bullish

IOTA/USD market valuation has been well trending northward above the buy trend-line of the 50-day SMA over a few days ago. Yesterday, the crypto moved around $0.38 and $0.37 marks.

Today, the crypto-market has seen a significant spike that has led to seeing past the $0.40 market line northward briefly. Presently, price is retracing towards the Bollinger Middle Band. The 50-day SMA is a bit above the Bollinger Lower Band. The Stochastic Oscillators are now moving in a consolidation mode within the overbought zone.

Traders may need to exercise patience in order to let the crypto muster its momentum around $0.37 market level to decently re-launch a long entry position.


IOTA (mIOTA) Long-term Price Forecast: Dec 23, 2018

IOT/USD Long-term Trend -bullish

Supply zone: $0.5000, $0.6000, $0.7000
Demand zone: $0.1000 $0.0800, $0.0600

IOTA returns to a bullish trend in the long-term outlook. The bullish gradual returned in last week analysis turned out to be a major trend reversal with a breakout at the 10-EMA on 17th December. $0.2732 in the supply area was the cryptocurrency high after the breakout from the 10-EMA.

The bullish pressure was sustained within the week with a major breakout at the second EMA on 20th December with a large bullish engulfing candle as MIOTAUSD rose to $0.3652 in the supply area. The cryptocurrency high of the week was $0.3711 attained on 21st December.

Price is above the two EMAs as the bulls continued their move to the north. The stochastic oscillator is in the overbought region and its signal points up at 82%. This suggests a momentum to the upside which is further confirmed by the formation of a bullish railroad on 22nd December.

$0.5000 in the supply area may be retested by the bulls in the long-term.


IOTA (mIOTA) Daily Price Forecast: December 17, 2018

IOTA/USD Medium-term Trend: Ranging

Resistance levels: $0.26, $0.30, $0.34
Support levels: $0.20, 0.16, $0.11

The market valuation of IOTA/USD witnessed a definite increase up to the price point of touching a resistance at around $0.023 mark yesterday. Towards the end of the trading sessions yesterday as well, the crypto started slightly reversing at that market level.

Today, the crypto-market has been moving in a range mode around $0.23 and $0.22 price levels. Price has now been trading around the 50-day SMA’s trend-line. The Bollinger Middle Band is located a bit below the 50-day SMA. The Stochastic Oscillators have slightly conjoined below range 75. That suggests that a kind of price consolidation movement is on-going.

It now appears that bears are somewhat getting prepared to stage a come-back as the crypto has hit a resistance below $0.24 level.

IOTA/USD Short-term Trend: Ranging

About two days back, a spike occurred in the IOTA/USD price valuation and that eventually led the crypto to test $0.235 mark yesterday. The US dollar market, later on, gained the market driving force advantage at the expense of IOTA’s inability to push the price line northward further.

Just as in the case of the medium-term run, $0.23 and $0.22 are the range zones depicted in the short-term chart also. The Bollinger Lower Band and the 50-day SMA have conjoined at the lower range zone. The Stochastic Oscillators have crossed to point south at range 40.

Indicators have had it that the current range zones are most likely to be broken southward to signify bearish market resumption.


IOTA (mIOTA) Long-term Price Forecast: Dec 15, 2018

IOT/USD Long-term Trend -bearish

Supply zone: $0.4000, $0.5000, $0.6000
Demand zone: $0.1000 $0.0800, $0.0600

IOTA continues in a bearish trend in the long-term outlook. The strong bear pressure pushed the cryptocurrency to a new low as the journey down south gathers momentum. $0.2128 was the low of 8th December while $0.2064 in the demand area was this week low made on 14th December as the day ended as a bearish hammer.

The bulls are gradually staging a return with price up at $0.2257 in the supply area. This move should be seen as a retracement for the market correction before downtrend continuation.

Price is below the broken demand area and the two EMAs. The EMAs remained fanned apart which imply strength in the context of the trend and in this case the downtrend.

The stochastic oscillator is within the oversold region at 13% and its signal points down which suggest downward movement in price as the bears' pressure becomes much stronger after the brief pullback in the long-term. $0.1500 in the demand area remain the bears' target.


IOTA (mIOTA) Daily Price Forecast: December 10, 2018

IOTA/USD Medium-term Trend: Ranging

Resistance levels: $0.26, $0.30, $0.34
Support levels: $0.20, 0.16, $0.11

IOTA/USD market has been currently witnessing other range zones of between $0.36 and the $0.26 since the commencement of the trading sessions this week. The crypto strived to drive northbound a bit over the $0.22 lower range point towards averaging the 50-day SMA after briefly touching past the upper Bollinger Band on December 9 within the range.

Last week’s range was breached southwards to eventually touch past the current $0.22 range slightly on Dec.7. The 50-day SMA is located above the Bollinger Bands. Price has been fluctuating around the $0.24 mark. The Stochastic Oscillators have crossed to point south at range 60.

IOTA appears to still prone to the US dollar’s market driving force while the crypto has been severally rejected closely below the current upper range mark.

IOTA/USD Short-term Trend: Ranging

The quite notable range zones in the IOTA/USD market short-term run are $025 and $0.23 until present trading session this week. In the last couple of hours, the crypto has been hovering around the $0.24 within the well-defined range until now.

On December 8, a strong spike suddenly occurred a bit below $0.22 mark, and push northbound past all the trading indicators to test the $0.25 current upper range. Presently, the lower Bollinger Band and the 50-day SMA are conjoined a bit above the lower range. The Stochastic Oscillators have crossed to point north at range 40.

Entering of a long position could be a better choice on the part of a trader but a breaking of the 50-day SMA southward could invalidate such a decision in the short-run.


IOTA (mIOTA) Long-term Price Forecast: Dec 9, 2018

IOT/USD Long-term Trend -bearish

Supply zone: $0.4000, $0.5000, $0.6000
Demand zone: $0.1000 $0.0800, $0.0600

IOTA is in a bearish trend in the long-term outlook. The lower demand area of last week range was broken on 6th December with a large engulfing candle as the bears' pressure was strong within the range. MIOTAUSD dropped to $0.2251 in the demand area.

Increased momentum led to a further dropped in the cryptocurrency price to $0.2048.
The bulls gradual return was signaled with the formation of a bullish spinning top on 7th December as MIOTAUSD made a brief push to $0.2622 in the supply area but rejection to further upward movement was seen around the 10-EMA.

The bullish upward movement was a pullback most necessary for the market correction and to guaranty downtrend continuation on a long-term.

The stochastic oscillator remains within the oversold region at 15% and its signal points up which is a reflection of the brief bullish pullback. With price below the two EMAs and the EMAs fanned apart which is a sign of the strength in the context of the trend and in this case the downtrend in the outlook.

$0.1500 in the demand area remain the bears' target.


IOTA (mIOTA) Daily Price Forecast: December 3, 2018

IOTA/USD Medium-term Trend: Ranging

Resistance levels: $0.35, $0.40, $0.45
Support levels: $0.20, 0.15, $0.10

IOTA paired with the USD has continued witnessing different market range movements around the same last week’s $0.35 and $0.25 range boundaries. Basically, there was an emergence of different lower highs and lower lows around the $0.30 upper range boundary between November 28 and December 2.

Today, the crypto-market has slightly got push southwards against the lower Bollinger Band past the 50-day SMA. The market is now currently ranging closely over the lower Bollinger Band. The 50-day SMA is closely located underneath the middle Bollinger Band. The Stochastic Oscillators have crossed and touched range 20 to point south direction.

It appears that the lower Bollinger Band will soon be stretched southwards to revisit a market level around the last Nov. 25 market low mark.

IOTA/USD Short-term Trend: Bearish

The IOTA/USD price has witnessed a significant decline around the $0.298 high to average the $0.275 horizontal low market point today. Currently, the crypto has been trading around the lower Bollinger Band.

Yesterday, the pair pushed northward in the short-term run to average a $0.315 high market mark. Thereafter, it encountered a strong resistance at the said spot to begin dropping southward until now. The 50-day SMA is over the Bollinger Band. The Stochastic Oscillators are now consolidating their movements very tightly a bit above range 20.

That suggests that the bears’ strength has not softened to probably have a safe come-back for the bulls into the trade as at now.


IOTA (mIOTA) Long-term Price Forecast: Dec 1, 2018

IOT/USD Long-term Trend – Ranging

Supply zone: $0.5000, $0.6000, $0.7000
Demand zone: $0.2000 $0.1800, $0.1600

IOTA returns a range-bound market in the long-term outlook. After the bears successful dropped the cryptocurrency to a lower low at $0.2450 on 24th and 25th November and lost momentum. This resulted in the formation of a double bottom and subsequently, the bulls return.

$0.2850 in the supply area was high the bullish momentum pushed the cryptocurrency to on 28th November before a further upward movement was resisted by the 10-EMA.

A break in the 10-EMA will further confirm the bulls takeover as the stochastic oscillator signal points up 31% indicates upward price movement within the range.

The cryptocurrency is ranging and trading between $0.3740 in the upper supply area and at $0.2440 in the lower demand area of the range. Traders should wait for a breakout at the upper supply area or breakdown at the lower demand area before taking a position.


IOTA (mIOTA) Daily Price Forecast: November 27, 2018

IOTA/USD Medium-term Trend: Ranging

Resistance levels: $0.35, $0.40, $0.45
Support levels: $0.20, 0.15, $0.10

There have range movements in the IOTA/USD market valuation this week until present. Both the middle and the lower Bollinger Bands are equally found around the $0.30 and the $0.25 marks within which the range movements have been coming on in the market.

The market has been on hovering below the middle Bollinger Band at around $0.27 price point. The 50-day SMA is located a bit below the upper Bollinger Band. The stochastic Oscillators are attempting to close at range 40 and could either lead to a consolidation move or to point south direction.

That depicts that more downward market move could still be expected in the next trading sessions, but a strong correction of such price move especially at against the $0.25 low mark may eventually produce a start for a potential bullish trend.

IOTA/USD Short-term Trend: Ranging

In the short-term as well this week, the IOTA has being traded against the US dollar valuation has been experiencing lower lows and lower highs within closer two different range spots of the $0.30 and the $0.28, and the $0.28 and the $0.26 respectively. Yesterday, the crypto witnessed significant lower highs within the first range spot.

Today, the second range spot has been within which the range movements have been featuring. The upper Bollinger Band and the 50-day SMA are both located around the upper range point as the middle and lower Bollinger Bands are within the range boundaries. The Stochastic Oscillators have crossed at range 80 to point south, and they have moved briefly past range 60.

That simply means that the market line still lacks an upward catalyst to suggest a bullish move soon.


IOTA (mIOTA) Long-term Price Forecast: Nov 25, 2018

IOT/USD Long-term Trend -bearish

Supply zone: $0.5000, $0.6000, $0.7000
Demand zone: $0.2000 $0.1800, $0.1600

IOTA remains in a bearish trend in the long-term outlook. After the break of the lower demand area, the bears doubled their strength for the downward price movement as the cryptocurrency broke $0.3000 in demand area on 20th November with a large bearish engulfing candle. MIOTAUSD went further down to $0.2668 in the demand area.

The cryptocurrency went into a consolidation with an upper supply area at $0.3715 and a lower demand area at $0.2688. This was trapped in a triangle pattern.

A breakdown from the lower line of the triangle occurred yesterday 24th November as MIOTAUSD dropped lower to $0.2566 in the demand area. A retest is of the broken the line is necessary to guarantee a stronger bearish comeback and downward continuation and this is what currently happening.

The bulls are back and are pushing price up earlier up at $0.2973. This may be up to $0.3000 area around the lower line of the wedge before the bears stage a strong comeback that may take the cryptocurrency to a new low before the trading week comes to an end.


IOTA (mIOTA) Daily Price Forecast: November 19, 2018

IOTA/USD Medium-term Trend: Bearish

Resistance levels: $0.50, $0.55, $0.60
Support levels: $0.25, 0.20, $0.15

Since November 14 while a major bearish candlestick emerged, IOTA has been having uglier price movement against the market valuation of the US dollar. The lower Bollinger Band has been strongly stretched southwards as a result of the crypto’s weakness in the market.

Currently, the market is approaching the $0.35 price territory. The 50-day SMA is located above the middle Bollinger Band with a notable space between them. The Stochastic Oscillators have headed south to briefly touch range 20.

IOTA still looks been weak and, the USD has the better potential of dominating the market as long as the middle Bollinger Band is kept over it.

IOTA/USD Short-term Trend: Bullish

In the last hours so far, IOTA suffered significantly against the USD valuation during the trading session. As at now, there has been a strong indication that the crypto has been trying to recover as at the time of writing.

The market has earlier been pushed southward a slightly beyond the $0.36 mark today but, there has been a notable correction. The 50-day SMA is located over the middle Bollinger Band. The Stochastic Oscillators have dipped into the oversold zone to consolidate within it in the last couple of hours.

The $0.35 mark is the pivotal price point that if fiercely breached southward, the $0.34 or even below could be witnessed while that assumption plays out.


IOTA (mIOTA) Long-term Price Forecast: Nov 18, 2018

IOT/USD Long-term Trend -Bearish

Supply zone: $0.6000, $0.7000, $0.8000
Demand zone: $0.3600 $0.3200, $0.2800

IOTA returns to a bearish trend in the long-term outlook. $0.4300 of the lower demand area of last week analysis was nicely broken on 14th November and dropped further to $0.4030 in the demand area before the close of the day.

With the bears pressure stronger MIOTAUSD was down to $0.3676 on 15th November this was the low of the week.

The retest of the broken area was made on 15th and 16th which implies that the bears' downward movement was confirmed and new low may be witnessed in the new week.
Price is below the two EMAs and they area fanned apart which suggest strength in the context of the trend.

The stochastic oscillator is at 29% and it signal points down which further support that the bears may continue its journey down south.

$0.4111 was the opening price this week lower than last week opening at $0.4863 an indication of bear pressure. $0.2000 in the demand area may be tested as the bear pressure resume after brief pullback expected within the week.


IOTA (mIOTA) Daily Price Forecast: November 12, 2018

IOTA/USD Medium-term Trend: Bullish

Resistance levels: $0.52, $0.54, $0.56
Support levels: $0.46, 0.44, $0.42

IOTA has been on a note of increase against the USD currency as at the start of today’s trading session. The middle Bollinger Band has a high threshold for the current bullish trend in the IOTA/USD market to support it further in a subsequent price upswing.

Yesterday, the crypto experienced a decline towards $0.47 levels below the middle Bollinger Band but it began to rise again towards the end of the trading hour of the day. The market line has now been trying to push northwards past both the 50-day SMA and the upper Bollinger Band. The Stochastic oscillators now point to the north. The bulls appear to continue taking the market control as price levels up to the immediate level of $0.52 may be seen past in the process.

IOTA/USD Short-term Trend: Bullish

The IOTA/USD market has been successively pushing northwards along with the upper Bollinger Band since the beginning of trading hour today. As at now, the crypto has slightly moved past the previous Nov. 10 price high and while it maintains the momentum, it could achieve the $0.51 next price level.

The middle Bollinger Band and the 50-day SMA have conjoined below the horizontal market line of $0.49. The Stochastic Oscillators have dipped into the overbought zone. That suggests that the crypto-market has reached its peak buying condition to either sound a warning against further longing of positions or, not exercising a caution in regards to placing a trade.


IOTA (mIOTA) Long-term Price Forecast: Nov 11, 2018

IOT/USD Long-term Trend -Ranging

Supply zone: $0.8000, $1.000, $1.2000
Demand zone: $0.4000 $0.2000, $0.0500

IOTA remains in a range-bound market in the long-term outlook. The week ended saw the bulls making a progressive movement within the range with IOTA witnessed increased volume with highest on 7th November. $0.5253 in the supply area was the price of MIOTAUSD on this day.

The formation of a bearish railroad at the close of 7th signaled a reversal in trend and obviously the low volume in IOTA. The large bearish engulfing candle on 8th November confirmed the bears' takeover of the market as MIOTAUSD was down to $0.4798 in the demand area breaking the 10-EMA an indication of strong bearish pressure within the range.

The week ended saw the cryptocurrency making a lower low at $0.4705 in the demand area on 10th November. Price is below the two EMAs and the stochastic oscillator is at 50%. This connotes the bears may continue its journey down south within the range.

The cryptocurrency is ranging between $0.06300 in the upper supply area and at $0.04300 in the lower demand area of the range. Traders should wait for a breakout at the upper supply area or breakdown at the lower before placing a trade.


IOTA (mIOTA) Daily Price Forecast: November 5, 2018

IOTA/USD Medium-term Trend: Ranging

Resistance level: $0.54, $0.56, $0.58
Support levels: $0.44, 0.42, $0.40

Last week, between October 29 and 31, IOTA fell southwards from around $0.48 market line to average the current immediate $0.44 support level. The crypto, later on, got harden as the $0.44 level was not broken southward in the process and the market eventually forced its movements northwards by featuring lower highs against the US dollar market worth.

Yesterday, the market rose steadily from around $0.47 to around $0.53. Today, as at the time of writing, the crypto-market now appears moving in a ranging style around the $0.50 price level and the upper Bollinger Band. The 50-day SMA is a bit above the lower Bollinger Band. The Stochastic Oscillators have clocked up around range 75. That could mean that the market would soon be witnessing more ranging price movements. There now seems that market will still need to experience a number of corrections downward the market line to potentially resurface a bullish trend.

IOTA/USD Short-term Trend: Ranging

IOTA was able to push northward significantly against the US dollar yesterday. During trading sessions in the short-term run, most of the indicators were broken northwards as the upper Bollinger Band stretched along with the market force to slightly touch past the $0.51 resistance area.

Today, price has been traded within and around the $0.51 and $0.50 price levels until present. The 50-day SMA is located underneath the Bollinger Bands. The Stochastic Oscillators have headed towards range 25 to seemingly start a consolidation movement around it. Traders are enjoined to watch out for a strong reversal against the $0.49 price level to launch a long entry and, they should be wary of the $0.51 market level.


IOTA (mIOTA) Long-term Price Forecast: Nov 4, 2018

IOT/USD Long-term Trend -Ranging

Supply zone: $0.8000, $1.000, $1.2000
Demand zone: $0.4000 $0.2000, $0.0500

IOTA continues in a range-bound market in the long-term outlook. The strong bearish pressure within the range continued last week with the cryptocurrency dropping to $0.4380 in the demand area on 31st October and gradually lost momentum in the area.

The formation of a bullish doji and a bullish candle on 31st October result in the morning star pattern a confirmation of the bulls takeover.

The first day of November saw the bulls sustaining the momentum above the 10-EMA as MIOTAUSD was up at $0.4831 in the supply area. The exhaustion to the bullish momentum occurred on 2nd November after the cryptocurrency was up at $0.4955 as the candle closes with wick signaling the bears' return.

Price dropped to $0.4699 in the demand area and currently below the 10-EMA suggesting bear pressure within the range.

The cryptocurrency is ranging between $0.06300 in the upper supply area and at $0.04300 in the lower demand area of the range. Traders should wait for a breakout at the upper supply area or breakdown at the lower before placing a trade.


IOTA (mIOTA) Daily Price Forecast: October 29, 2018

IOTA/USD Medium-term Trend: Ranging

Resistance Level: $0.56, $0.58, $0.60
Support Levels: $0.42, 0.40, $0.38

IOTA market has been serially under selling pressure as paired with the US dollar worth in the market within a range. The crypto very briefly surged northwards on October 25 toward around $0.508 and, the upper Bollinger Band and the 50-day SMA were breached as well.

The IOTA/USD lacked the force to continue on that advantage, hence the market began to retrace from the spot southwards to test a $0.469 support area on Oct. 27. Since then, the crypto has been ranging along with the lower Bollinger Band. The 50-day SMA is a bit above the middle Bollinger Band. The Stochastic Oscillators have crossed to point south within the 40 and 20 range boundaries. That gives a directive that bears are still not done in the market completely. Traders may join the market by entering a long position while price action is traded against the $0.48 lower range price level.

IOTA/USD Short-term Trend: Bearish

About a few days back, IOTA/USD market was largely experiencing a decline in its market valuation. The crypto had initially dropped slightly southwards past the $0.47 price levels on two occasions to face a strong support level below it.

Yesterday, the crypto strived to move northwards by majorly featuring lower highs that eventually pushed the market a bit over the upper Bollinger Band but below the 50-day SMA’s trend-line. Today, the crypto has got dropped serially to the tune of around $0.472 or thereabouts.

The 50-day SMA has cut slightly into the upper Bollinger Band from the top to find a location a bit above the middle Bollinger Band. Price has now been striving to push northward from the lower Bollinger Band. The Stochastic Oscillators have crossed to point north around range 20. Traders are now enjoined to get set for taking a long entry position while a bearish reversal is spotted in the market.


IOTA (mIOTA) Long-term Price Forecast: Oct 28, 2018

IOT/USD Long-term Trend -Ranging

Supply zone: $0.8000, $1.000, $1.2000
Demand zone: $0.4000 $0.2000, $0.0500

IOTA in a ranging scenario in the long-term outlook. The loss in momentum that was needed to push the cryptocurrency at $0.4881 resulted in the bears' gradual return signaled by the bearish doji at 4978 on 22nd  October.

MIOTAUSD dropped to $0.4818 in the demand area on 26th October and progressively the price of the MIOTAUSD has been dropping making a low each day with $0. 4818 on 26th October and $0.4691 on 27th October.

Price is still below the two-EMAs with the stochastic oscillator at 19% and its signal points down which suggest downward price movement within the range in the long-term.

The cryptocurrency is ranging between $0.06300 in the upper supply area and at $0.04300 in the lower demand area of the range. Traders should wait for a breakout at the upper supply area or breakdown at the lower before placing a trade.


IOTA (mIOTA) Daily Price Forecast: October 22, 2018

IOTA/USD Medium-term Trend: Ranging

Resistance Level: $0.56, $0.58, $0.60
Support Levels: $0.46, 0.44, $0.42

IOTA/USD in the medium run saw its last price hike on October 18, while the price was averaging towards $0.54 price level. Before the day ran out, the crypto declined and got pushed southwards across the middle Bollinger Bands and the 50-day SMA’ s trend-line to touch the lower Bollinger Band around $0.50 price level.

On the following day, Oct. 19, the crypto has been basically ranging around $52 and $50 price levels. As at now, the 50-day SMA is a bit above the middle Bollinger Band as price action has been hovering below them. The $52 and $48 price levels could now be seen as an encompassment area of the current range. The Stochastic Oscillators have moved downwards to seemingly point to the south. A strong break of the $48 price level could lead the market line decline further to get through some of the support levels

IOTA/USD Short-term Trend: Bearish

Since the trading sessions yesterday, IOTA/USD market valuation has been falling. The market started the decline after making several unsuccessful attempts in its price movements around the $0.51 price level.

The market fell to the tune of around $0.496 or thereabouts before the end of the trading session. Today, the market has been pushed southward further to a $0.488 or thereabouts. Presently, the market price line has been traded around the lower Bollinger Band not too far from the current low market price point.

The 50-day SMA is located over the middle Bollinger Band but close to the upper Band. That signifies that the crypto has been under selling pressure. The Stochastic Oscillators have crossed a bit above range 20 to suggest bulls taking the pushing of the market. Should the market get further towards the $0.48 price level or a bit below, investors may consider joining the market.


IOTA (mIOTA) Long-term Price Forecast: Oct 21, 2018

IOT/USD Long-term Trend -Bullish

Supply zone: $0.8000, $1.000, $1.2000
Demand zone: $0.4000 $0.2000, $0.0500

IOTA in a bullish trend in the long-term outlook. After dropping the cryptocurrency to a low of $0.4708 in the demand area on 11th October with a large bearish engulfing candle, the bears lost momentum hence further downward rejection at the demand area.

The bulls gradually made a return with an initial push of IOTUSD to $0.5120 and later to $0.5600 in the supply area on 15th October.

The bears returned was evident of the 15th October as price was pushed down forcing the candle to close at $0.5134 from a high of $0.5600. The bearish pressure was sustained with the cryptocurrency down to$0. 4904 in the demand area on 19th October.

The formation of the bullish railroad on 20th October was a signaled that the bulls were back. IOTUSD was up $0.5140 in the supply area.

IOTA give a nice W pattern. The right arm is been formed $0.6000 in the supply area may be attained with increased bullish momentum in long-term.


IOTA (mIOTA) Daily Price Forecast: October 15, 2018

IOTA/USD Medium-term Trend: Bullish

Resistance Level: $0.60, $0.62, $0.64
Support Levels: $0.45, 0.43, $0.41

On October 9, a short bearish Japanese candlestick occurred with a top shadow in the IOTA/USD market to back up the last two candlesticks that eventually emerged before Oct. 8 trading day ran out. The crypto was once been seeing flowing between the middle Bollinger Band and the 50-day SMA but, it got pushed profusely southwards to around $0.47 price level to find a support.

A few hours, the crypto was ranging around $50 and $48 price levels. But, the market has strongly breached northward past the range and above $58 level. Currently, it appears to start making a correction as price has been traded around $54 and $52 price levels. The Stochastic Oscillators have moved past range 40 to briefly point south to suggest that the bulls are getting weaker gradually.

IOTA/USD Short-term Trend: Ranging

Some few days back, IOTA/USD was witnessing choppy market price movements. Yesterday, the crypto was featuring lower highs than lows around the upper Bollinger Band but, soon afterward; it dropped serially southbound to test past $0.48 price level.

Today, IOTA still witnesses an amount of ranging movements prior to a sudden spike that pushed the market price point towards $0. 60 level far above the upper Bollinger Band. Shortly, the crypto lost momentum as the market pulled back into the bands of the Bollinger Band indicator. Price has been hovering below the upper Bollinger Band. The Stochastic Oscillators have crossed to point south. This suggests that bears are gradually coming back into the market. A breakout of $0.54 could lead to pushing the market towards the last high once again.


IOTA (mIOTA) Long-term Price Forecast: Oct 13, 2018

IOT/USD Long-term Trend -Ranging

Supply zone: $1.0000, $1.6000, $1.8000
Demand zone: $0.4000 $0.2000, $0.0500

IOTA continues in a range in the long-term outlook. The bullish spinning top of 4th October consistently pushed price up to $0.6133 in the supply till 8th October. Further upward price movement was rejected at the 50 EMA.

The bear return was confirmed with the bearish at 6045 on 9th October as IOTA made a low of $0.5642 on 10th October as price sits above the 10-EMA. The bearish momentum was high on 11th October and IOTA dropped to $0.4720 in the demand area with a large bearish engulfing candle.

The hope of bears further downward move was rejected as the bulls stage a comeback inside the range with price up to $0.5124 in the supply area.

IOTA is in consolidation and trading between $0.7039 in the upper supply area and at $0.4491 in the lower demand area of the range. A breakout at the upper supply area or breakdown at the lower demand area may occur hence patience is required before taking a position with good reversal candles as confirmation.


IOTA (mIOTA) Daily Price Forecast: October 8, 2018

IOTA/USD Medium-term Trend: Ranging

Resistance Levels: $0.60, $0.62, $0.64
Support Levels: $0.56, 0.55, $0.54

IOTA had initially made a bullish appearance but shortly after a few hours, it was grabbed by bears’ presence that pushed the market value southwards briefly past both the middle Bollinger Band and the 50-day SMA yesterday.

A couple of hours after then, the crypto visibly resumed featuring of lower highs along with the middle Bollinger Band. And, that eventually has given in a short spike that got the IOTA/USD pushed northwards to touch the upper Bollinger Band at around $0.57 price level today. Price has now been ranging around the level. The Stochastic Oscillators have penetrated briefly into the overbought region. Some lower highs may still be experienced in the next few trading hours.

IOTA/USD Short-term Trend: Bullish


Yesterday, IOTA/USD seemingly maintained a ranging movement style during most of the trading sessions. The price levels of around $0.57 and $0.55 were noticed to be range-bound zone.

As at the trading commencement of today, the crypto was observed choppily moving for about two hours before a sudden spike emerged. As a result, the range-bound has been breached northwards past the upper price level. As at now, the crypto is facing a resistance at around the price level of $0.59. The Stochastic Oscillators have moved into the overbought region to consolidate within it. This shows that degrees of buying activities are still on in the market of this crypto. A break below the price level of $0.57 could lead the downwards retesting the yesterday low price point.


IOTA (mIOTA) Long-term Price Forecast: October 7, 2018

IOT/USD Long-term Trend -Ranging

Supply zone: $1.0000, $1.6000, $1.8000
Demand zone: $0.4000 $0.2000, $0.0500

IOTA continues in a range in the long-term outlook. $0.5900 in the supply area on 5th October was the high and $0.5409 in the demand area on 1st October was the low of the cryptocurrency in the previous week.

Exhaustion and rejection at the supply and demand areas are clear signals of the battle for the market control between the bulls and the bears.

Price is hovering around the 10-EMA which is a reflection of the ranging scenario. Momentum is low in either way with the stochastic oscillator still within 30 and 40% in two weeks running.

IOTA is in consolidation and trading between $0.7039 in the upper supply area and at $0.4491 in the lower demand area of the range. A breakout at the upper supply area or breakdown at the lower demand area may occur hence patience is required before taking a position.


IOTA (mIOTA) Daily Price Forecast: October 1, 2018

IOTA/USD Medium-term Trend : Bearish

Resistance Levels: $0.60, $0.62, $0.64
Support Levels: $0.55, 0.54, $0.53

IOTA was in a ranging movement as at the trading sessions yesterday. In the course of the ranging moves, the crypto equally witnessed a sudden spike that got the price pushed northwards past the middle Bollinger Band to test the 50-day SMA from below.

Thereafter, price action made a correction in order to build strength that eventually paved way for the crypto to get pushed northwards past both the middle Bollinger Band and the 50-day SMA today. As at now, price has been reversed to briefly touch past below the Japanese bullish candlestick that occurred in the market as the Stochastic Oscillators have crossed to the south. This suggests that a bearish market condition is ongoing.

IOTA/USD Short-term Trend: Bearish

The crypto started experiencing a strong price movement increase in the short-term trend today. The market price value got pushed upwards to breach past the upper Bollinger Band to around $0.58 where it met a resistance. As a result of that, the crypto got weakened and pulled back southwards to now breach past the middle Bollinger Band and the 50-day SMA to test lower Bollinger Band. Currently, price has been traded below the 50-day SMA and the middle Bollinger Band. The Stochastic Oscillators have touched range 20. Therefore, traders are advised to let the price be driven a bit past $0.56 level, and watch out for a decent reversal to launch a long trading position.


IOTA (mIOTA) Long-term Price Forecast: Sept 29, 2018

IOT/USD Long-term Trend -Ranging

Supply zone: $1.0000, $1.6000, $1.8000
Demand zone: $0.4000 $0.2000, $0.0500

IOTA is in a range in the long-term outlook. Upward price rejection at $0.6499 in the supply area was largely informed due to the bearish spinning tops at this area. The cryptocurrency was down to $0.5255 in the demand area due to the bears' strong pressure.

The minor bullish reversal on 25th September could only push IOTA to in the supply area before the bears stage a come back as the cryptocurrency enters the range. The stochastic oscillator 43%at and its signal undefined, a reflection of the ranging scenario.

ADA is in consolidation and trading between $0.7631 in the upper supply area and at $0.4491 in the lower demand area of the range. A breakout at the upper supply area or breakdown at the lower demand area may occur hence patience is required before taking a position.


IOTA (mIOTA) Long-term Price Forecast: Sept 22, 2018

IOT/USD Long-term Trend -Bullish

Supply zone: $1.0000, $1.6000, $1.8000
Demand zone: $0.4000 $0.2000, $0.0500

IOTA is in a bullish trend in the long-term outlook. The dojis formed around the $0.5000 in the demand area was a signal to bearish exhaustion and the bulls gradual return to the market. The bulls finally returned and pushed the cryptocurrency price up to $0.5853 in the supply area.

Increased bullish momentum led to the formation of a bullish engulfing candle that broke $0.6136 of the broken supply area. MIOTA was up $0.6533 in the supply area on 22nd September.

Price is above the 10 EMA with the stochastic oscillator at 69% and its signal pints up. This is an indication of bullish pressure and subsequent upward movement in price of the cryptocurrency in the long-term may occur.

$1.0005 in the supply area may be the bulls target in the coming week as the bullish momentum is stepped up.


IOTA (mIOTA) Long-term Price Forecast: Sept 16, 2018

IOT/USD Long-term Trend -Bearish

Supply zone: $1.0000, $1.6000, $1.8000
Demand zone: $0.4000 $0.2000, $0.0500

IOTA is in bearish trend in the long-term outlook. The bears showed continued dominance of the market as price was down to $0.5003 in the demand area on 12th September. It closes as a bullish long-tailed candle suggestive of a trend reversal.

The bulls stage a comeback and pushed MIOTA price to $0.6167 in the supply area on 14th September. This was a few pips away from the broken supply area at $0.6136. The bulls lost momentum as the daily candle closes as a bearish spinning top.

Price is below the two EMAs with the 10-EMA acting as strong resistance against upward price movement. The stochastic oscillator is in the oversold region at 22% and its signal points down. These imply downward movement in the cryptocurrency price on the long-term as the bears continue the journey south and more candles formed and closed below the 10-EMA.


IOTA (mIOTA) Long-term Price Forecast: Sept 8, 2018

IOT/USD Long-term Trend -Bearish

Supply zone: $1.0000, $1.6000, $1.8000
Demand zone: $0.4000 $0.2000, $0.0500

IOTA is in bearish trend in the long-term outlook. Bullish rejection occurred on 2nd September as wicks shows exhaustion coupled with the bearish spinning top formed at $0.7699 in the supply area and the daily candle closed below the 50-day EMA.

The broken supply area now a demand area  at $0.6136 was broken on 3rd September with a large bearish engulfing candle and dropped the coin to $0.5617 in the demand area an indication to the bears take over.

The cryptocurrency went further down to $0.5269 in the demand area, but the bulls stage a minor comeback and pushed MIOTA up to $0.6236 to retest the broken supply area.
The bears returned to take control of the market and price was down to $0.5303 in the demand area.

Price is below the two EMAs with the stochastic oscillator in the oversold region at 20% and its signal pints down. The cryptocurrency may witness new low as the bearish momentum increased in the long-term.

$0.4772 in the demand area is the first bears' target while $0.3940 in the demand area may be the second target.


IOTA (mIOTA) Long-term Price Forecast: Sept 2, 2018

IOT/USD Long-term Trend -Bullish

Supply zone: $1.0000, $1.6000, $1.8000
Demand zone: $0.4000 $0.2000, $0.0500

IOTA is in bullish trend in the long-term outlook. $0.6136 in the upper supply area of last week range was nicely broken due to the strong bullish pressure on 27th August. It made a high of $0.7051 same day.

The bullish momentum was sustained and the coin rose to a high of $0.8109 in the supply area on 29th August and briefly lost momentum due to exhaustion at this area. Price was down to $0.6523 in the demand area.

Price is above the 10-day EMA with the stochastic oscillator is in the overbought region at 77% and its signal undefined. It thus implies that minor pullback may occur which is important for the market correction before the commencement of uptrend scenarios.

$0.8572 in the supply area is critical and as the bullish pressure increases, this area may be retested first as the north journey gathers momentum in the long-term.


IOTA (mIOTA) Long-term Price Forecast: August 25, 2018

IOT/USD Long-term Trend -Ranging

Supply zone: $1.0000, $1.6000, $1.8000
Demand zone: $0.4000 $0.2000, $0.0500

IOTA is ranging in the long-term outlook. The bulls failure to push the cryptocurrency pass $0.5650 in the supply area on 19th August, the start of new week resulted in the loss of momentum.

The bearish spinning top dropped the coin to $0.4604 in the demand area on 22nd August. The formation of a bearish hammer a reversal signal the bulls returned as the cryptocurrency consolidates.

Price is above the two EMAs with the stochastic oscillator at the overbought region at 77% and its signal point down parallel which is a reflection of the ranging scenario.

IOTA is in consolidation and trading between $0.6136 in the upper supply area and at $0.4355 in the lower demand area of the range. Patience should be adopted as the coin ranges to allow for a breakout or breakdown before taking a position.


IOTA (mIOTA) Long-term Price Forecast: August 18, 2018

IOT/USD Long-term Trend -Bullish

Supply zone: $1.0000, $1.6000, $1.8000
Demand zone: $0.4000 $0.2000, $0.0500

IOTA is in a bullish trend in the long-term outlook. $0.4037 in the demand area was the point the strong bearish pressure pushed the cryptocurrency to and gradually fade away.

The formation of a bearish hammer signal trend reversal in the long-term.The bulls returned and pushed the cryptocurrency up to $0.5757 in the supply area with the close of the candle above the 10-day EMA.

The stochastic is in the oversold region at 16% and its signal point up which implies upward momentum in price of the cryptocurrency due to bullish pressure as more candles formed and closed above the 10-day EMA.

A push to the trendline may $0.9000 in the supply area may occur in the long-term.


IOTA (mIOTA) Long-term Price Forecast: August 12, 2018

IOT/USD Long-term Trend -Bearish

Supply zone: $1.0000, $1.6000, $1.8000
Demand zone: $0.4000 $0.2000, $0.0500

IOTA continues in a bearish trend in the long-term outlook. The strong bearish pressure was sustained thus leading to the brake of the bears target at $0.8500 of last week analysis. The cryptocurrency went further down and closes last week at $0.4948 in the demand area.

The bulls had a minor push to the upside at $0.9770 in the supply area but lost momentum and could not break the downward trendline and this made the bears stage a comeback.

Price is below the two EMAs and they are fanned apart which suggest strength in the context of the trend and in this case the downtrend.

The stochastic is in the oversold region at 6% and its signal point down which implies downward momentum in price of the cryptocurrency due to bearish pressure. A further downward journey may occur as the bears' momentum increases and more candles open and closed below the EMAs.


IOTA (mIOTA) Long-term Price Forecast: August 5, 2018

IOT/USD Long-term Trend -Bearish

Supply zone: $1.4000, $1.6000, $1.8000
Demand zone: $0.600 $0.4000, $0.2000

IOTA is in a bearish trend in the long-term outlook. The bears kept the pressure up and broke the key demand zone at $0.9475. Price was further down to $0.7735 in the demand area.

The formation of bullish railway track a reversal candlestick pattern was an indication of the bulls return. The bullish momentum capped price at $0.9397 in the supply area before it became weak and the bears set in.

Each touch on the downward trendline 1or 2 results in a bounce. Price broke out of trendline 1 and closed below it. As long as price closes below either of the trendlines it thus reflects the bears' overall dominance of the market.

The stochastic is at 47 percent and its signal point up which implies upward momentum in price due to bullish pressure which may be a minor pullback in the overall outlook.

As the bears' pressure increases and more candles are formed below the two EMAs, $0.8500 in the demand area may be the bears' target in the long-term.


IOTA (mIOTA) Long-term Price Forecast: July 29, 2018

IOT/USD Long-term Trend -Bullish

Supply zone: $1.6000, $1.8000, $2.0000
Demand zone: $0.800 $0.4000, $0.2000

IOTA remains in a bullish trend in the long-term outlook. The bearish pressure was strong last week as price was pushed down to $0.9058 in the demand area. This cryptocurrency was in the same area on the 24th and 29th of June.

The bulls returned and pushed price back up to $1.0620 in the supply area. The formation of bearish inverted hammer returned the bears whose momentum was weak and could manage a push down to $0.9719 in the demand area before the bulls stage a comeback with a large bullish engulfing candle.

The cryptocurrency opened the week with a bullish candle at $1.0097. The stochastic oscillator is at 52 percent with its signal pointing up. These imply we may see upward movement in price as the bullish momentum increase.

Price is above the two EMAs crossover and the upward trendline. A break and close above $1.0432 in the supply area may likely occur within the week and the journey up $1.1400 may occur in the long-term.


IOTA (mIOTA) Long-term Price Forecast: July 21, 2018

IOT/USD Long-term Trend -Bullish

Supply zone: $1.6000, $1.8000, $2.0000
Demand zone: $0.800 $0.4000, $0.2000

IOTA continue in a bullish trend in the long-term outlook. The bullish pressure was strong as the trendline was broken at the fourth touch and the cryptocurrency price rose to $1.1810 in the supply area from the low of $0.9553 in the demand zone.

The bullish momentum became low as the bears set in due to the formation of a bearish railway track at the supply area. The bears pushed price back to the demand zone at $0.9409.

The bulls are building up momentum for another upward price movement as we see the daily candle forming which may close as a bullish railway track. More bullish candles may likely be formed and closed above the 10-day EMA due to the bulls’ pressure.

$1.2310 in the supply area may be the bulls’ target in the long-term.


IOTA (mIOTA) Long-term Price Forecast: July 15, 2018

IOT/USD Long-term Trend -Bullish

Supply zone: $1.6000, $1.8000, $2.0000
Demand zone: $0.800 $0.4000, $0.2000

IOTA resumes in a bullish trend in the long-term outlook. The bears took over from the bulls after a high of $1.1409 in the supply area and pushed price further down to $0.9291 in the demand area.

Looking left of the chart, you can see that the coin was at this demand area between 1st -10th April and 22nd-30th June. These areas are called ORDER BLOCK. In this scenario, buying orders are expected to be filled which may lead to upward movement of the cryptocurrency in the long-term.

Likewise, price has made three touches on the trendline and the fourth touch is developing. At the fourth touch price may breakout to the upside leading to upward movement in price of the coin, $1.1721 may be the bulls immediate target.


IOTA (mIOTA) Long-term Price Forecast: July 8, 2018

IOT/USD Long-term Trend -Bullish

Supply zone: $1.6000, $1.8000, $2.0000
Demand zone: $0.800 $0.4000, $0.2000

IOTA continues in a bullish trend in the long-term outlook. The bulls are fully in control of the cryptocurrency as it witnesses a fresh high on 4th of July at $1.2551 in the supply area.

The formation of engulfing candle announced the bears returned as price was pushed down to $1.0266 in the demand area, below the 10-day EMA.

This demand area is the 61.8 fib level of the upward movement that commences on 29th of June also it is a reversal zone, it implies that the bulls may stage a strong return at this level.

The week opened bullish with $1.0661 compared to last week opening of $0.9758. This connotes buyers presence and pressure that may lead to price at $1.3000 in the long-term outlook.


IOTA (mIOTA) Long-term Price Forecast: July 1, 2018

IOT/USD Long-term Trend -Bullish

Supply zone: $1.6000, $1.8000, $2.0000
Demand zone: $0.8000 $0.4000, $0.2000

IOTA resumes in bullish trend in the long-term outlook. The cryptocurrency is on a strong support over a week now and may be set for the journey to the moon.

Although the bulls made attempt to push price high last week but could not break the $1.0432 in the supply area as momentum was lost. The bears’ pressure was strong in this area and they dropped price at $0.8890 in the demand area on June 29th.

The formation of a bullish candle at this critical support area similar to April 7th scenario gives is a signal that the bulls may likely be back.

The stochastic oscillator is in the oversold region at 20 percent with it signals pointing up. This suggests upward momentum in price movement of the cryptocurrency.

As the bull's presence and pressure increases, the break and close of candles above $1.0432 in supply area which is also above the 10-day EMA will be a good confirmation to the bulls’ takeover of the market in the long-term.


IOTA (mIOTA) Long-term Price Forecast: June 24, 2018

IOT/USD Long-term Trend -Bearish

Supply zone: $1.6000, $1.8000, $2.0000
Demand zone: $0.800 $0.4000, $0.2000

Iota continues in bearish trend in the long-term outlook. The bears target of last week analysis at $1.0900 in the demand area was achieved and nicely broken by the bears. The bears' pressure was strong as we saw the cryptocurrency making a new low ever since inception at $0.8842 in the demand area.

Price is below the two EMAs crossover and the two EMAs are fanned apart which suggest strength in the context of the trend and in this case the downtrend. It implies that we may see more bearish momentum as the week progresses.

This week opening price was $1.0600 compared to last week opening of $1.2100. This implies the cryptocurrency price movement may go south.

The stochastic oscillator is in the oversold region at 7 percent. It signals points down. This suggests downward momentum continuation in price of the cryptocurrency.
Although pullbacks may occur they are a correction for downtrend continuation.


IOTA (mIOTA) Long-term Price Forecast: June 17, 2018

MIOTA/USD Long-term Trend -Bearish

  • Supply zone: $2.1000, $2.3000, $2.5000
  • Demand zone: $1.8000 $0.6000, $1.4000

IOTA continues in a bearish trend in the long-term outlook. Last week long-term analysis played out well as IOTA breaks the $1.3200 demand area and got to afresh demand area at $1.1500.

The bears kept the momentum strong as they ensure new lower lows for the cryptocurrency. Price is still below the two EMAs and no sign for a reversal in sight. This week opening price was $1.2085 compared to last week opening price of $1.6983. This implies more sellers are on the ground to further push price down south.

The stochastic oscillator is in the oversold region at 10 percent. It signals are points down. This implies downward momentum continuation. This means that downward movement in IOTA price will be seen in the long-term.

The formation of a bearish doji suggests a reversal. It, therefore, implies that we may likely see some pullbacks by the bears within the week but the overall trend still remains bearish. $1.0900 in the demand area may be the bears' target in the long-term.


IOTA (mIOTA) Long-term Price Forecast: June 10, 2018

IOTAUSD Long-term Trend -Bearish

  • Supply zone: $2.0000, $2.2000, $2.3000
  • Demand zone: $1.4000 $1.3000, $1.2000

Iota is in a bearish trend in the long-term outlook. After making a bullish move to the supply area at $2.0267 on June 3rd, the cryptocurrency has been dropping. This is due to momentum loss by the bulls for a continuous upward push.

The bears' strong momentum and pressure have kept pushing price down and breaking major demand areas of $1.7455 and $1.6295 respectively. Price is below the 10 and 50-day EMAs which implies a strong bearish pressure.

The stochastic oscillator is at 46 percent and it signals points down which connotes downward momentum, which is due to bearish activities.

The bears' presence and pressure are likely to increase in the long-term leading to more bearish candles formation below the two EMAs. The bears' target in the long-term is the demand area at $1.3920, but first, a break of the $1.4250 demand area will further justify the bears determination for the smooth journey to the south.


IOTA (mIOTA) Long-term Price Forecast: June 10, 2018

IOTA/USD Long-term Trend -Bullish

  • Supply zone: $2.1000, $2.3000, $2.5000
  • Demand zone: $1.8000 $0.6000, $1.4000

Iota is in a bullish trend in the long-term outlook. The pair resumes the month bullish likewise the week. The weekly candle open bullish at $1.4433 below the 10 and 50-day EMAs. The bears succeeded in dragging price to the demand area at $1.3285 and lost momentum. This brought the bulls back to the market. They exercised strong pressure and this led price been pushed to the supply area at $2.0267.

Currently, price is above the 10-day EMA. This is an indication of strong bullish momentum. Minor pullbacks may be experienced but this should be seen as a market correction for upward trend continuation.

The Stochastic Oscillator is at 51 percent which is buyers region. As the bulls increased their presence and pressure price may continue the journey north. $2.3000 may be the bears target in the long-term.

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research