Convergence

IOTA

Million

Divergence

Coin

<![CDATA[<figure class="image"><img src="https://cimg.co/news/123965/327547/iota.jpg" srcset="https://cimg.co/news/123965/327547/responsive-images/iota___media_library_original_1732_945.jpg 1732w, https://cimg.co/news/123965/327547/responsive-images/iota___media_library_original_1200_655.jpg 1200w, https://cimg.co/news/123965/327547/responsive-images/iota___media_library_original_900_491.jpg 900w, https://cimg.co/news/123965/327547/responsive-images/iota___media_library_original_720_393.jpg 720w, https://cimg.co/news/123965/327547/responsive-images/iota___media_library_original_600_327.jpg 600w, https://cimg.co/news/123965/327547/responsive-images/iota___media_library_original_300_164.jpg 300w" width="1732" class="content-img" alt=""></figure><a href="https://www.tradingview.com/symbols/IOTUSD/">IOTA's price</a> landscape is becoming increasingly intriguing. As of today, IOTA stands at $0.162407, marking a modest increase of 0.63% within the past 24 hours.&nbsp;With a significant trading volume of $14,380,606, speculations about potential whale investments are rife.<a href="https://coinmarketcap.com/currencies/iota/">CoinMarketCap</a> ranks IOTA at #71, and with a consistent circulating and maximum supply of 2,779,530,283 MIOTA coins, its current market capitalization rests at a substantial $451,413,888.&nbsp;The pressing question on everyone's mind is, with the influx of this $10 million trading volume, are the big players making their move on IOTA?<h2 id="strong-iota-price-prediction-strong">IOTA Price Prediction</h2>Examining IOTA's technical landscape reveals a surge of bullish momentum, following a strong support foundation around the $0.1325 mark.&nbsp;As evidenced by the daily timeframe, the coin has successfully surpassed the <a href="https://www.investopedia.com/terms/f/fibonacciretracement.asp">38.2% Fibonacci retracement level</a>, previously a significant barrier at the $0.1570 mark.&nbsp;Currently, it's advancing towards the 50% Fibonacci retracement threshold, positioned at approximately $0.1649.&nbsp;Concurrently, a bullish, engulfing candlestick pattern has manifested, bolstering the prospects of an ongoing bullish trend.&nbsp;Noteworthy technical indicators, such as the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD), remain in the buying zone. <img src="https://cimg.co/news/123965/327547/iota.jpg" srcset="https://cimg.co/news/123965/327547/responsive-images/iota___media_library_original_1732_945.jpg 1732w, https://cimg.co/news/123965/327547/responsive-images/iota___media_library_original_1200_655.jpg 1200w, https://cimg.co/news/123965/327547/responsive-images/iota___media_library_original_900_491.jpg 900w, https://cimg.co/news/123965/327547/responsive-images/iota___media_library_original_720_393.jpg 720w, https://cimg.co/news/123965/327547/responsive-images/iota___media_library_original_600_327.jpg 600w, https://cimg.co/news/123965/327547/responsive-images/iota___media_library_original_300_164.jpg 300w" width="1732" class="content-img" alt="">This suggests that investors may continue to favor purchasing IOTA. Consequently, the immediate strategy should focus on the $0.1646 marker.&nbsp;A bullish breach here could potentially target the 61.8% Fibonacci retracement level at around $0.1725. Beyond this, the $0.1845 level might present a significant resistance for the coin.&nbsp;Conversely, if IOTA struggles to eclipse the $0.1646 level, it could retract to primary support levels &ndash; either to $0.1679 or even further down to the foundational $0.1325 mark.While IOTA's trajectory remains in focus, there are other assets in the crypto space that also merit attention.<h2 id="strong-alternative-coin-worth-considering-strong">Alternative Coin Worth Considering</h2>Navigating the intricacies of the Web3 realm can often deter users due to its inherent complexity, leading to overpriced and inadequate solutions.&nbsp;However, Launchpad XYZ is stepping up to shift the paradigm with its all-encompassing application, tailored to demystify Web3 processes for users.It manages the intricate technical aspects effortlessly, ensuring a smoother entrance for newcomers.Adhering to the mantra "Simplicity over technicality," Launchpad XYZ resonates with users looking for straightforward access to Web3.&nbsp;This methodology could be a driving force in rapidly growing the platform's user count, positioning LPX as a top coin investment currently.Launchpad XYZ is currently offering an enticing 19% bonus for potential investors.&nbsp;With just 4 days and 14 hours remaining for this offer, they've already amassed $1.5 million.The value of one LPX coin is set at 0.0445 $USDT. For more details or to capitalize on this opportunity, visit Launchpad XYZ.<a href="https://cryptonews.com/ext/launchpad/en">Visit Launchpad XYZ Here</a>Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
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IOTA Price Prediction as $10 Million Trading Volume Comes In – Are Whales Buying?

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