IOTA (MIOTA) Is Climbing Very Slowly, As Bulls Are Struggling

Must Read

Tezos (XTZ) Rally-Up Collapsed Against The Level Of $1.60

Tezos prices facing heavy resistance from the price level of$ 1.60 After enjoying a significant upsurge, XTZ prices...

Binance Coin (BNB) Struggling To Maintain Its Presence Above The Level $12 

Binance Coin(BNB)  Struggling To Maintain Its Presence Above The Level $12  BNB again acquired negative divergence and showing...

Ripple (XRP) Facing Increase In The Selling Volume Above Level Of $0.1700

The cryptocurrency is performing positively in the market with a slight gain in its prices. Ripple prices are...
processed
Ayush Malviyahttps://www.thecoinrepublic.com/
Ayush Malviya has recently joined as a technical market reporter for Thecoinrepublic- the Leading cryptocurrency news site. He believes that there is a broad scope in Crypto market and blockchain. Thats why he loves to gather knowledge about it and like to analyse the market pattern.
  • MIOTA is trying its level best to put up a strong climb against the market odds but facing a heavy resistance level.
  • The MIOTA/BTC pair is also performing positively with the profit of – 1.63% which is a positive sign.

MIOTA is witnessing a heavy resistance, as bulls are trying really hard to carry prices along with them . There is a crucial resistance of $0.150 not allowing bulls to trade near it and keep on pushing the prices downward, this resistance is so strong that prices are suffering to find a strong breakout.

Advertisement


The MIOTA prices strong support of $0.130, which is holding the prices effectively and supporting them to increase gradually but due to the heavy resistance in the price level, MIOTA is unable to harvest best out of this support level.

Currently, there is a slight profit of $ 0.04% in the prices, which is not a very outstanding positive sign. The market capital is at $ $403,710,332 USD with volume traded of$17,491,519 USD and circulating supply is at  2,779,530,283 MIOTA.

IOTA Price Analysis 

IOTA1
Source:tradingview

The technical chart indicates that prices started acquiring bearish momentum due to the global market factors. Prices are  facing bearish presence whenever they try to rise as current prices are suffering volatility near the level of $0.1400

MACD levels are again overtaken by the bulls as there is an increase in the buying volume of a cryptocurrency. This bullish momentum is not so strong as it will soon collide with selling volume.

The 24hr-RSI took a negative divergence from  the strong bullish level and currently trading near the zone of 50

The 24hr CCI is trading at the top of the normal region with heavy fluctuations in it.

Resistance Level: $  0.150
Support level: $ 0. 0130

Partners

Hot News

Tezos (XTZ) Rally-Up Collapsed Against The Level Of $1.60

Tezos prices facing heavy resistance from the price level of$ 1.60 After enjoying a significant upsurge, XTZ prices came short against a resistance...

Binance Coin (BNB) Struggling To Maintain Its Presence Above The Level $12 

Binance Coin(BNB)  Struggling To Maintain Its Presence Above The Level $12  BNB again acquired negative divergence and showing strong signs that it can...

Ripple (XRP) Facing Increase In The Selling Volume Above Level Of $0.1700

The cryptocurrency is performing positively in the market with a slight gain in its prices. Ripple prices are up surging towards the crucial...

ABBC (ABBC) Price Analysis: ABBC Bulls Looks Confident For $0.10 Mark

ABBC Coin is showing significant positive movement from the past few days and crossed the crucial level of $0.090 The ABBC/BTC pair is...

EOS (EOS) Again Suffering Downfall After Acquiring Level Of $2.2

The bulls again failed to maintain their presence above the price level of $2.22 The EOS/BTC pair showing a negative sign with a...

NEO (NEO) Price Analysis: NEO Bulls Prepares To Reclaim $7.00 Mark

NEO coin price is on a significant bullish momentum in today’s market with a 3.27% overall gain. The altcoin was facing downtrend in...

Partners

Binance Coin (BNB) Struggling To Maintain Its Presence Above The Level $12 

Binance Coin(BNB)  Struggling To Maintain Its Presence Above The Level $12  BNB again acquired negative divergence and showing strong signs that it can...

Ripple (XRP) Facing Increase In The Selling Volume Above Level Of $0.1700

The cryptocurrency is performing positively in the market with a slight gain in its prices. Ripple prices are up surging towards the crucial...

ABBC (ABBC) Price Analysis: ABBC Bulls Looks Confident For $0.10 Mark

ABBC Coin is showing significant positive movement from the past few days and crossed the crucial level of $0.090 The ABBC/BTC pair is...

EOS (EOS) Again Suffering Downfall After Acquiring Level Of $2.2

The bulls again failed to maintain their presence above the price level of $2.22 The EOS/BTC pair showing a negative sign with a...

RELATED NEWS

Tezos (XTZ) Rally-Up Collapsed Against The Level Of $1.60

Tezos prices facing heavy resistance from the price level of$ 1.60 After enjoying...

Binance Coin (BNB) Struggling To Maintain Its Presence Above...

Binance Coin(BNB)  Struggling To Maintain Its Presence Above The Level $12  BNB again...

Ripple (XRP) Facing Increase In The Selling Volume Above...

The cryptocurrency is performing positively in the market with a slight gain in...