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IOTA (MIOTA) Receives a Very Bullish Rating Saturday: Is it Time to Get on Board?

Saturday, July 30, 2022 06:26 AM | InvestorsObserver Analysts
IOTA (MIOTA) Receives a Very Bullish Rating Saturday: Is it Time to Get on Board?

IOTA (MIOTA) gets a very bullish rating from InvestorsObserver Saturday. The coin is up 2.1% to $0.325761973 while the broader crypto market is down 1.05%.

Sentiment Score - ,
IOTA has a Very Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on IOTA!

Very Bullish

Over the last five days, IOTA has earned a Very Bullish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of IOTA over the past five days by volume and price movement.

The Sentiment Score provides a quick, short-term look at the crypto’s recent performance. This can be useful for both short-term investors looking to ride a rally and longer-term investors trying to buy the dip.

Price Levels

IOTA is currently trading near its five-day high of $0.32576197296416. The coin is 0.00% its five-day high and is 22.53% higher than its five-day low of $0.26587250828743.

IOTA price is trading near resistance. With support set around $0.307928403754758 and resistance at $0.326504548926877, could face selling pressures soon.

IOTA has traded on low volume recently. This means that today's volume is below its average volume over the past seven days.

What is a coin?

A coin is a cryptocurrency that exists on its own blockchain. These are typically used for payments. Depending on the cryptocurrency, what those payments are use for may vary from general use in the Digital Money sub-class to a more specific use in some other sub-classes.

Due to a lack of data, this crypto may be less suitable for some investors.

Click here to unlock the rest of the report on IOTA

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