IOTA (MIOTA) Continues Its Downtrend, New Lows Likely In The Days Ahead

2018-7-18 18:00

IOTA (MIOTA) continues to trade in a downtrend. The price has once again met heavy resistance after a recent Bitcoin (BTC) induced pump. The price received a significant boost but resistance at the downtrend line for IOTA/USD made it clear that the price is not in the clear yet and further downside is likely.

The squeeze momentum also indicates that yesterday’s Bitcoin (BTC) short squeeze had little impact on IOTA (MIOTA). The price is currently trading above its RSI on the daily chart but weakness can be seen as the EMA alignment continues to remain bearish with no signs of a reversal at this point.

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IOTA (IOTA) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0.2993
Капитализация $0 Rank 99999
Цена в час новости $ 1.1359 (-100%)

iota price downtrend continues miota likely resistance

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