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The short-term peak of IOTA cryptocurrency is unknown.

The short-term peak of IOTA cryptocurrency is unknown.

Jan 05 Tech Standard

1 According to the IOTA price prediction, bears are active and could drive the price even down.
2 Customers found it difficult to keep the price over $0.3000, and the offer was turned down.
3 The price of IOTA cryptocurrency is beginning to exhibit bearish trend reversals.

The IOTA price forecast for January 2024 is 10% to 15% lower than expected, indicating a somewhat pessimistic outlook. After encountering resistance from $0.3292, the price fell back.

IOTA is down 17% this week and is under selling pressure. Buyers struggle around the EMA, but there is a brief bounce. It indicates a bearish trend if it closes below the 200-day EMA. Be cautious  hold off on making new purchases until you see bounce indicators. IOTA/USDT down -3.22% in a single day at $0.2551.

HarshitKulhan

Crafting cinematic stories through the lens of my phone, I am a blogger and content writer who expresses the essence of my blogs through words

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