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Cryptocurrency News Articles
IOTA Price Prediction 2025-2031: Will MIOTA Recover After the Dip?
Jan 23, 2025 at 11:51 pm
There are many speculations and predictions about the IOTA Price Prediction trend, which is involved by the growing use cases of IOTA.
Key takeaways
There are many speculations and predictions about the IOTA Price Prediction trend, which is driven by the growing use cases of IOTA. For one, the design of the network eliminates all transaction fees. Moreover, the network is high-speed. Combined, IOTA has near-unlimited scalability. It’s also far more energy-efficient than blockchain-based cryptocurrencies.
Investors showed concerns about MIOTA’s prospects and whether it has the potential to compete with others in the cryptocurrency market.
Iota uses a distributed ledger different from others called Tangle. Tangle technology is blockless, using a ledger and IoT applications. It doesn’t require mining or other energy-consuming equipment. The tangle technology is a Directed Acrylic Graph. As the blockchain grows, the assets needed to maintain it reduce. This trend is different from what is obtainable for most cryptocurrencies.
As the network grows to accommodate more end-users, Tangle transactions become faster and safer. There has never been anything like IOTA; so much interest is in IOTA price prediction and forecast. Many crypto giants are interested in how MIOTA grows, with several predictions for its future.
Overview
IOTA price prediction: Technical analysis
IOTA price analysis: IOTA price falls to $0.310 as bearish pressure intensifies
On January 23, 2025, the IOTA price analysis indicated a negative market trend. The cryptocurrency’s value currently stands at $0.310, reflecting a 4.41% drop. A reversal in the current market momentum appears unlikely. This downward movement signifies a bearish market sentiment, as sellers actively maintain control.
IOTA price analysis on a daily time frame
The one-day price chart for IOTA reflects a bearish market trend. The IOTA/USD pair experienced a significant decline, reaching a low of $0.310 in the past 24 hours. This downward price movement coincides with a prevailing negative market sentiment.
The gap between the upper and lower boundaries of the Bollinger bands indicator confirms the market volatility. As the bands are widening, this signals an increase in volatility levels. Currently, the upper side of the Bollinger bands indicator is associated with $0.398, serving as the resistance. However, the lower side of the Bollinger bands indicator is situated at $0.289, acting as the support.
The Relative Strength Index (RSI) indicator is in the neutral region. Its value is 44.04, and moving downwards; this confirms a bearish trend. Moreover, the latest drop in the RSI value indicates negative market sentiment. An influx of sellers seeking to divest their assets is likely to exacerbate market volatility.
IOTA price analysis on the 4-hour chart
The four-hour price analysis of IOTA suggests a highly bearish scenario. The Bears have been securing consecutive victories throughout the day. The coin value plunged to a $0.310 low in the past four hours. As a result of the bearish tide, the coin value is now below the moving average.
The volatility declined slightly. The upper boundary of the Bollinger bands indicator, acting as the resistance band, moved to a $0.351 high, while, its lower boundary, which was serving as the support, is at $0.304.
The RSI indicator is moving downward in the neutral region. Its value dipped to 37.19 in the past four hours. We can expect the RSI value to reach near the oversold region if the bearish trend persists. The current progression signals an unbalanced trading environment and an encouraging scenario for cryptocurrency sellers.
IOTA technical indicators: Levels and action
Daily simple moving average
Daily exponential moving average
What to expect from IOTA price analysis
The IOTA price analysis for the day confirms a highly bearish scenario for the cryptocurrency. Because of today’s downturn, the coin value depreciated to $0.310. Overall, the selling activity remained high compared to the buying activity. The four-hour price analysis makes a similar prediction, which also suggests a downside.
Is IOTA a good investment?
IOTA is a good investment, as many market analysts predict a price hike in the coming years. The adoption of IOTA will increase in the coming years as it has many potential use cases. Coupled with your research you can invest in IOTA; the predictions are not investment advice.
Governmental bodies worldwide increasingly explore decentralized identity (DID) solutions to bolster security measures and safeguard citizens’ interests. The thriving semiconductor hub of Taiwan has taken a significant step in this direction, engaging in discussions with IOTA, a leading player in the field of decentralized technology, to explore the integration of decentralized ID solutions. It is expected that IOTA/USD will reach a maximum value of $0.924 by the end of 2026.
Why is IOTA down?
The IOTA/USD
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