IOTAUSD Price Analysis – July 4
The general sentiment for the MIOTA is that of a mixed market pricing, while for other participants it is that of future interest to keep the pair in view for later activity.
Supply Level: $0.22994512, $0.33403757, $0.37139441
Demand Levels: $0.57676740, $0.49565369, $0.45113820
IOTAUSD Long term Trend: Ranging
Today’s price indicates that of consolidation of the IOTAUSD in its range over the past 24 hours as the pair trades on the supply zone around the level at $0.399425 and expecting a break below or bounce to the upside zone.
However, with the recent development for IOTAUSD, the price may rally back to the upside zone on the demand level at $0.451138 as liquidity increases.
IOTAUSD Short term Trend: Ranging
On the 4-hour time frame, the volatility is slightly lower than the previous day but price fluctuation is expected to continue as the pair shows a pessimistic outlook to the upside zone.
The bulls are coming for the IOTAUSD and today it is seen to tilt the price to the level at $0.399425 earlier during the day by giving assurance to the buyers as traders try to maintain their respective positions.
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