The first half of the day reflected the tremendous upsurge in the crypto market. Recently, the IOTA experienced selling pressure and thus dribbled. The coin was seen maintaining a tight hold around $0.340 since yesterday. The plunge in the market took the IOTA price to $0.310. However, the coin has slightly recovered. We are positive that IOTA coin would take the price to an astounding level soon.
IOTA/USD Price Chart:
IOTA price was at $0.3342 on January 11, and then, it escalated to $0.340 by 1.90% till 06:13 UTC on the next day. There was a slight plunge marked and reached $0.333; the price again recovered and touched $0.343 by a moderate hike of 3.14%. The price slipped to $0.337 by 1.66%. The price escalated to $0.353 by 4.87% and then, in the next 4 hours, the price slipped to $0.353 and again slipped to $0.338. IOTA cryptocurrency kept the price locked around $0.340 till 23:41 UTC. The closing hour brought the currency to $0.332. The intraday movement in IOTA brought a marginal regression.
Today, MIOTA price escalated to $0.347 by 4.44% in the first five hours and later, it dropped to $0.310 by a huge fall of 10.53%. The price recovered and escalated to $0.326. A few moments ago, the coin breached the immediate support level at $0.324 and slipped to $0.310. However, the coin recovered and the indications of returning to the immediate resistance level at $0.34 are ripe.