![]() ![]() IOTA Price Prediction 2021īefore we continue to analyze the technical aspects of the IOTA project and its coin historical price performance, it’s best to first find out what’s the prediction for IOTA price for 2021 and beyond. We’ll also help you get the necessary information to determine whether it is the right time to buy or short sell IOTA and suggest the best online trading platforms that support IOTA coin. So, in this IOTA price prediction, we’ll take a closer at IOTA price history performance and include IOTA forecast for 2021 and beyond. But, as we already know, the crypto market is another story, and IOTA dropped around 65% due to the crypto mini-crash that started in May.Still, IOTA has the potential to rise again in value in the short and long term. The coin of IOTA, which is known as one of the most effective projects in the cryptocurrency market, was trading in April at $2.54, nearly 800% return from the start of the year. And all of that likely within the next few days.Since the beginning of the year, IOTA has been rising and falling along with other popular cryptocurrencies and the crypto market in general. If BTC chills, we should see IOTA bouncing back up from all these converging support and trend lines, conquer 50 cents while simultaneously breaking out from a 6 month downtrend against BTC and - by doing so - enter into the long awaited bull market. We must hope it can hold 34k for the next few hours and go back to trade above 35k. Right now, BTC is indeed in a critical situation. One thing that could put a stop to this is BTC taking a dump. These are perfect conditions for the retest to succeed. In other words, the stars are magically aligning for IOTA. If you check out both charts, you will also see that these support lines are right now crossing with rising trend lines. We have support at both 45ct and 1300 satoshis. Right now there is something interesting happening, an incredible confluence of four different support or trend lines, against USD and BTC. Well, you might wonder, who cares?Ī successful retest of the huge resistance we had at 45ct for two years, would establish it as new support, turning it into the springboard for a massive bull run. Since then we have, as you would expect, bounced from 50ct and are now retesting 45ct. ![]() By now you know that that's exactly what happened. With next resistance to be expected at 50ct. In the second post I told you that we are now in the transition phase. In the first one, right before the massive run we have seen, I predicted that we finally leave 2 years of accumulation to see 45ct in the near future. If you don't remember me, check out my last two posts. Posts that are not related to IOTA can be made elsewhere, e.g. This includes, but is not limited to, no: personal attacks, threats of violence, slurs, trolling, profanity, posting people's private information (doxxing). No buying/selling of iotas on Reddit (only trust the listed market exchanges) scammers may try to scam you! Report any scammers to mods here. Related Subreddits: r/IOTA / r/IOTAsupport / r/iotaTipBot / r/IOTAmemes / r/CryptoCurrency / r/CryptoCurrencies Rulesįor discussion of non-market-related IOTA topics, visit r/IOTA. Supply & Units: i./lsq4610.jpeg / i./Y6zOB5G.jpg IEN Application: goo.gl/forms/OrrXmhu1rKfy2dgp2 InformationĮcosystem Fund: /iota-ecosystem-fund-2-millionĪMA: r/Iota/comments/6hugtq/ask_us_anything IOTA is focused on being useful for the emerging machine-to-machine (m2m) economy of the Internet-of-Things (IoT), data integrity, micro-/nano- payments, and other applications where a scalable decentralized system is warranted. Further, unlike blockchain architecture, IOTA has no separation between users and validators (miners / stakers) rather, validation is an intrinsic property of using the ledger, thus avoiding centralization. Scaling limitations have been removed, since throughput grows in conjunction with activity the more activity, the more transactions can be processed & the faster the network. IOTA uniquely offers zero-fee transactions & no fixed limit on how many transactions can be confirmed per second. The IOTA Tangle is a quantum-resistant Directed Acyclic Graph (DAG), whose digital currency ' iota' has a fixed money supply with zero inflationary cost. ![]() IOTA is an open-source distributed ledger protocol launched in 2015 that goes 'beyond blockchain' through its core invention of the blockless ‘Tangle’. For discussion of non-market-related IOTA topics, visit r/IOTA Please focus discussion on IOTA investment, trading, and market-related activity. ![]()
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