Technical Analysis: IOTA



IOTA/USD, 4-Hour Chart Analysis

IOTA continues to struggle with the declining trendline and the massive resistance zone ahead, and that could mean that the coin is in for more consolidation. Despite that, we expect eh recovery to continue above the $2.2-$2.35 zone, with key support found just below the current price level at $1.90 and near $1.50.

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