IOTA price has lost 37% of its value in the past two weeks and is ready for a rebound. David Sønstebø was kicked out of the IOTA Foundation Board of Directors and Supervisory Board. On December 10, The IOTA Foundation Board of Directors and Supervisory Board announced that David Sønstebø was no longer part of it after a unanimous decision made by the rest of members in the best interest of the project. David has been instrumental in founding the project and helping to build the initial team, vision, and ecosystem. However, it has become clear that David’s interests and the interests of the IOTA Foundation have diverged significantly. IOTA price could be poised for a bounce in the short-term Although David Sønstebø was an important pillar in the business activity, the IOTA Foundation states that ultimately this was good for the ecosystem of the same one. IOTA price is trading in a significant downtrend on the daily chart but looks ready for a bounce. IOTA/USD 12-hour chart The TD Sequential indicator has just presented a buy signal – in the form of a red nine candle – on the 12-hour chart, which could drive IOTA price towards the 0.618 Fibonacci level at $0.30. Other potential price targets include the 0.5 Fibo retracement level at $0.325 and the 0.382 level at $0.35. 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 WTI pulls back beneath $47.00 level as risk appetite fades FX Street 2 years IOTA price has lost 37% of its value in the past two weeks and is ready for a rebound. David Sønstebø was kicked out of the IOTA Foundation Board of Directors and Supervisory Board. On December 10, The IOTA Foundation Board of Directors and Supervisory Board announced that David Sønstebø was no longer part of it after a unanimous decision made by the rest of members in the best interest of the project. David has been instrumental in founding the project and helping to build the initial team, vision, and ecosystem. However, it has become clear that David’s interests and the interests of… 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.
