Short term, medium term charts suggest IOT has tough time going higher. Needs momentum to take it past certain levels. IOT prices up on day and staring at certain resistance levels that might derail or at least pause this price rally that has started in the crypto world over the past few days. Even if it might cross past the immediate barrier, there is another one, not far away. IOT/USD is up more than one percent on day at $1.026 and trading in less than 2 percent range for the day. On the two hours chart, IOT prices are sitting just below the descending trendline resistance which the price has not been able to cross in last couple of weeks and bulls will need momentum in their favour to sustain this crossover. Even if bulls manage to cross past this, there is another stronger resistance smiling at them on the face, in the form of descending trendline again on the 360-minute chart. IOT/USD 120-minute chart: IOT/USD 360-minute 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 Ethereum price analysis: Narrowing ranges, at the cusp of triangle breakout FX Street 5 years Short term, medium term charts suggest IOT has tough time going higher. Needs momentum to take it past certain levels. IOT prices up on day and staring at certain resistance levels that might derail or at least pause this price rally that has started in the crypto world over the past few days. Even if it might cross past the immediate barrier, there is another one, not far away. IOT/USD is up more than one percent on day at $1.026 and trading in less than 2 percent range for the day. On the two hours chart, IOT prices are sitting… 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.
