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$IOTA Solid breakout, following the idea.
Has now reversed its local trend back to a bullish market structure.
This is on the back of IOTA's Rebased Mainnet upgrade which is bringing more momentum into this.
$IOTA Flipping $0.17 would be a good start to turn this trend around.
Has found good support at ~$0.13 and now making a higher low.
Diagonal resistance is a bit messy but gives a good idea of the level that needs to be broken.
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$IOTA Has been holding on to the $0.19 level and is trying to form a higher low here.
If this can get back above $0.25, that'd make for a nice setup for a higher timeframe reversal. Currently at support.
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Altcoins Flashing Signs of Relief As Several Coins Gear Up for Mean Reversion, According to Crypto Analyst
$IOTA Retesting the bottom of the range and Daily 200MA.
Would want to see this break back above the Daily 200EMA to start targetting the range highs again.
These horizontals are being respected pretty well.
With Dino coins trading relatively well compared to the other coins…
After Double-Digit Gains, Prices of XDC Network, IOTA, & AIOZ Network Primed for a 50% Rise—Is a New ATH on the Horizon?
BYDFi Teams Up with Partners IOTA and Travala to Explore Web3 Innovations at Taipei Blockchain Week 2024
Several validators in the space have already agreed to join the IOTA Rebased test network. We’ll be announcing many more in the coming weeks.
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