IOTA Is Fast, But Can It Win The Race?

IOTA's Price Action Analysis

Sure enough, IOTA’s price also seems to be struggling and December and January rallies weren’t able to bring it to the key resistance level and 23% Fibonacci of 0.00011. Even worse, two weeks ago the IOTA/BTC pair broke below the daily Ichimoku cloud. We’re now waiting for the 5th Ichimoku moving average, the Chiko span to break below the cloud as well to confirm a longer-term bearish period. For now, The pair could be headed towards the lows of 2018 and October 2017, at 0.00006.​

Disclaimer: Now I’d like to hear from you. What are your thoughts on Nano, which currently ranks 36 in terms of market cap? Do you think it can ever make it to top 10?  Let me know in the ...

How did you like this article? Let us know so we can better customize your reading experience. Users' ratings are only visible to themselves.


Leave a comment to automatically be entered into our contest to win a free Echo Show.