IOTA broke free from the recent tight range. IOT/USD may continue growing towards $0.2700. IOTA, the 18th largest digital asset with the current market value of $748 million, has been growing strongly been growing on Thursday albeit the sell-off on a broader market. The coin has gained over 3% on a day-to-day basis. The coin hit $0.2679 high during early Asian hours and retreated to $0.2662 by the time of writing. IOTA’s technical picture IOTA is one of the best-performing coins on Thursday. The coin has been range-bound for several days after hitting the low at $0.2569 on November 11. However, a strong move above SMA50 (Simple Moving Average) 1-hour located on a psychological $0.2600, inspired a sharp growth towards the next barrier at $0.2663 (SMA200 1-hour). The price attempted a move above this hurdle but retreated back so far. Once it is out of the way, the upside is likely to gain traction with the next focus on $0.2700. On the downside, the first line of support is identified at $0.2600-$0.2580. It coincides with the lower boundary fo the recent consolidation range. If it is broken, the sell-off is likely to gain traction with the next focus on $0.2569 (November 11 low) and $0.2438 (October 23 low). IOT/USD, 1-hour chart FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next USD/CAD sits near multi-week tops, just above mid-1.3200s FX Street 3 years IOTA broke free from the recent tight range. IOT/USD may continue growing towards $0.2700. IOTA, the 18th largest digital asset with the current market value of $748 million, has been growing strongly been growing on Thursday albeit the sell-off on a broader market. The coin has gained over 3% on a day-to-day basis. The coin hit $0.2679 high during early Asian hours and retreated to $0.2662 by the time of writing. IOTA's technical picture IOTA is one of the best-performing coins on Thursday. The coin has been range-bound for several days after hitting the low at $0.2569 on November… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
