IOTA is quietly on the move again, bouncing off the 3.20 $USD mark to currently 3.96 $USD as of the 5/01/2018 – 5:39 AM NY Time.
IOTA touched the 3.19 $USD support mark several times and time bounced off with the exception of a couple of spikes, the lowest 1.11 $USD on the 21/12/2017.
Right now it has been steadily moving into a squeeze at the top of the ascending triangle, with the MACD showing higher peaks below the zero line.
It is now just a matter of time to wait and see if it breaks out of the triangle formation and for the third time heads off for the 5.55 $USD mark.
IOTA touched the 3.19 $USD support mark several times and time bounced off with the exception of a couple of spikes, the lowest 1.11 $USD on the 21/12/2017.
Right now it has been steadily moving into a squeeze at the top of the ascending triangle, with the MACD showing higher peaks below the zero line.
It is now just a matter of time to wait and see if it breaks out of the triangle formation and for the third time heads off for the 5.55 $USD mark.