IOTA Price Aims Higher, ETH ETF Inflows Rise, BlockDAG Launches 25% Referral Reward
IOTA and Ethereum Market Updates: IOTA's price is rising ahead of its Rebased upgrade, with significant gains expected due to new features like staking and smart contracts. Meanwhile, the Ethereum ETF market has seen renewed interest with recent inflows, indicating a positive shift in investor sentiment.
BlockDAG Referral Program Success: BlockDAG has launched a referral program that has contributed to over $225.5 million in presale funds, offering early adopters substantial rewards and incentives to participate before the price increases.
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Technical Analysis for IOTA
Technical Sentiment Analysis for IOTA (IOTA) As of , IOTA (IOTA) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for IOTA stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, IOTA is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
IOTA (IOTA) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0463 | 0.0544 | 0.0631 | 0.0712 | 0.0799 | 0.088 | 0.0967 |
| Fibonacci | 0.0544 | 0.0608 | 0.0648 | 0.0712 | 0.0776 | 0.0816 | 0.088 |
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