IOTEX kainų analizė: IOTA kaina atrodo silpna po pakilusio savaitgalio

  • The Iotex coin has gained approximately 32% of its cost since it entered the long-legged Doji candle (on weekly chart).
  • The IOTX coin is trading above the 20,50 and 200 day moving averages but still 100-MA remains to be tested by bulls.
  • The IOTX/BTC pair price is trading bearish by 3.8% at 0.000002359 satoshis.

The IOTEX token has successfully exited the bearish trend line which was validated by the ATH sign. From the ATH mark to the recent low of $0.62, the coin has lost almost 75% of its price. Nowadays, the IOTX coin continues to follow the upward trend line after breaking the box pattern (green) and shows 6-green candles throughout the week in addition to today’s red candle. However the IOTX coin is trading in the red zone by 3.5% at $0.1033.

Bulls are facing the bullish hurdle at $0.115 mark, for the solid bullish momentum, buyers will have to surpass this level. On the downside, IOTX coin has a strong support of $0.070. However, the crypto has gained 16% trading volume over the past 24-hours. The volume to market capitalization ratio is 0.2072. Furthermore, the volume oscillator turned its peak to the downside which may become a sign of low volatility.

There is a possibility that sellers control the bearish trend

- Skelbimas -

In the daily price chart, IOTEX coin price with the Bitcoin pair is approaching back into the Bollinger bands indicator. However, the IOTX/BTC pair price is trading negative by 3.8% at 0.000002358 satoshis. The pair price is pulling back from the key resistance at 0.00000275 satoshis. If bulls fail to hold the above 0.00000210 satoshis then we can see another downtrend. Moreover the MACD indicator is moving higher.

Source: IOTX/USDT by tradingview

The daily RSI is approaching bullish after dipping into the oversold stage. Now the RSI is turning its peak to downwards which may create a nervousness among the investors. The average directional index reflects the weak bullish momentum.

ALSO READ: Traders Take $800 Million In Bitcoin Off Exchanges: Details

Išvada 

Based on the daily price chart, IOTEX coin appears to be in a correction phase after a solid green candle. It is again the sellers who will dominate the market trend if bears close the daily candle on the downward slope. 

Palaikymo lygis - 0.063 USD ir 0.056 USD

Atsparumo lygis - 0.0118 ir 0.1518 USD

Atsakomybės neigimas 

Autoriaus ar bet kurių šiame straipsnyje įvardytų žmonių išsakytos pažiūros ir nuomonės yra tik informacinio pobūdžio ir neįtvirtina finansinių, investicinių ar kitų patarimų. Investuojant į kriptovaliutų turtą arba prekiaujant juo, kyla finansinių nuostolių rizika.

Source: https://www.thecoinrepublic.com/2022/02/09/iotex-price-analysis-iota-price-appears-weak-following-the-bullish-weekend/