MIOTA Price Prediction Today: Daily (IOTA) Value Forecast – July 1


  • The crypto’s price was fluctuating between the levels of $0.35 and $0.50.
  • On the upside, if the bulls break above the EMAs, the crypto’s price will rise to test the upper price range.

IOTA/USD Medium-term Trend: Ranging

  • Resistance Levels: $0.50, $0.55, $0.60
  • Support Levels: $0.40, $0.35, $0.30

Last week the price of IOTA was in a sideways trend. The 12-day EMA and the 26-day EMA were sloping horizontally. The crypto’s price was fluctuating between the levels of $0.35 and $0.50. On June 22, the bulls tested the upper price range and commenced a range bound move above the EMAs. After the resistance at the upper price range, the bears broke below the EMAs.

The bears were resisted at the lower price range as the crypto’s price resume a range bound move below the EMAs. The crypto’s price is characterized by small body candlesticks like Doji and Spinning tops. These candlesticks described the indecision between the buyers and sellers at the current market price.

On the upside, if the bulls break above the EMAs, the crypto’s price will rise to test the upper price range. On the other hand, if the bulls fail to break the EMAs, the crypto’s price will continue its range bound move. Meanwhile, the IOTA market is at the oversold region of the daily stochastic but below the 40% range. This indicates that price is in a bearish momentum and a sell signal.

IOTA/USD Short-term Trend: Bearish

On the 1-hour chart, the price of IOTA is in a bearish trend zone. The 12-day EMA and the 26-day EMA were sloping southward. On June 30, the bulls were resisted as the crypto fell to the low at $0.39000 price level. Nevertheless, the IOTA price is in the overbought region of the daily stochastic but above the 60% range. This indicates that price is in a bearish momentum and a sell signal.

Live Iota (MIOTA) Price:

1 MIOTA/USD =$1.8913 change ~ 0.94%

Coin Market Cap

$5.26 Billion

24 Hour Volume

$163.65 Million

24 Hour VWAP

$2

24 Hour Change

$0.02

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

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