IOTA hits new low of the year. Bounce off the lows is powerful, should hold the line. IOTA is yet another crypto that has broken low of the year on Friday, although it has been able to bounce with some force, giving enough ammunition to the bulls to try and gain control back into their hands but bears still haven’t lost the ground. IOT/USD is down more than 4 percent on day at $0.9204 after hitting as low as $0.9070. The price of IOT is sitting just above the trendline support which the bears have been able to break below on the Friday, but the bounce following the crack has been enough to take it back above. Now all that the bulls have to do is manage this line in the sand in order to stay relevant or else even the lows of Friday won’t hold. Immediate resistance in this journey up is placed at $0.98 while the support is at $0.91 – the trendline. IOT/USD 480-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: Parallel channel breakout, but still underperformer FX Street 5 years IOTA hits new low of the year. Bounce off the lows is powerful, should hold the line. IOTA is yet another crypto that has broken low of the year on Friday, although it has been able to bounce with some force, giving enough ammunition to the bulls to try and gain control back into their hands but bears still haven't lost the ground. IOT/USD is down more than 4 percent on day at $0.9204 after hitting as low as $0.9070. The price of IOT is sitting just above the trendline support which the bears have been able to break below… 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.
