IOTA Ranges

IOTA also has been stagnating, though the price action has dropped more so than other cryptos, confirmed by both Kovach Momentum Indicators. We have remained below the lower bound of the KRI for the duration of the week. A sequence of higher lows on the day candles provides a glimmer of hope for investors eager for a breakout, though trading the mean reversion between $2.35 and $2.60 has proved profitable as of this writing.

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