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MIOTA Targets $0.35 Resistance as Tamadoge Remains Bullish

MIOTA Targets $0.35 Resistance as Tamadoge Remains Bullish

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The IOTA price forecast continues to recover above the 9-day and 21-day moving averages as the price remains in a short-term uptrend.

IOTA prediction statistics data:

  • IOTA price now – $0.29
  • IOTA market cap – $837.5 million
  • IOTA circulating supply – 2.7 billion
  • Total supply of IOTA – 2.7 billion
  • IOTA Coinmarketcap Ranking – #55

MIOTA/USD market

Key levels:

Resistance levels: $0.37, $0.39, $0.41

Support levels: $0.23, $0.21, $0.19

IOTAUSD – Daily Chart

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MIOTA/USD is in the hands of the bulls as the coin trades above the 9-day and 21-day moving averages. However, due to the current uptrend, the coin may soon cross the upper limit of the channel. The technical indicator Relative Strength Index (14) is moving towards the upper limit of the channel, with the signal line pointing north to more rising signals.

Tamadog OKX

MIOTA may hold the current price as Tamadoge continues to rise

Looking at the daily chart, IOTA price is poised to break further highs as the 9-day moving average crosses the 21-day moving average. However, the more the bulls pressured the bears, the higher the coin rose. Therefore, if the bulls maintain the uptrend, MIOTA/USD may continue to move higher, which could take the coin to the $0.37, $0.39 and $0.41 resistance levels.

On the other hand, any strong selling pressure could drag the price below the moving averages if the bears re-enter the market, and if MIOTA trades below the $0.27 daily opening price, a bearish move could take the price to support at $0.23. , $0.21 and $0.19

Against Bitcoin, IOTA crosses the upper limit of the channel as bulls increase their entry into the market. At the time of writing, MIOTA is currently looking to create more uptrends as it trades at 1574 SAT. If IOTA signals a more bullish rally, it may face resistance at 1800 SAT and above.

IOTABTC – Daily Chart

However, traders can say that the market may continue to rise as the technical indicator Relative Strength Index (14) moves into overbought territory. On the contrary, if the coin falls and is against the lower limit of the channel, it can find support at 1300 SAT and below.

OKX (formerly OKEx) is a centralized exchange (CEX) that also has its own DEX where Tamadoge is also traded – for those who cannot register with OKX depending on their country of residence. The DEX listing will take place at 17:00 UTC, also on the 27th.

Tamadoge – Play and earn meme coins

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  • Earn TAMA in battles with Doge Pets
  • Limited Supply of 2 Billion, Token Burn
  • Advance sales raised $19 million in less than two months
  • Upcoming ICO on OKX Exchange

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