IOTA has fallen more than 30% this week, from this week high of $0.98 to the week low of $0.67. IOTA's big dip this week is mainly due to investors and traders jumping into hotter cryptos: ethereum, ethereum classic, bitcoin and of course bitcoin cash -1.30% . Nevertheless, I expect buyers to jump back in soon potentially pulling the price back above $0.75 in the short term. However, my technical analysis indicates that their is still a massive room for IOTA to fall in the coming months a head. So beware and cautious on this crypto!
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Thanks for the post. IOTA is one I’m watching very carefully. Like the team, love the product, just want to time the buy correctly. It’s tough to bring myself to liquidate another holding to buy in when (almost) everything is in an uptrend!
IOTA's long term fundamental remains bullish in my opinion. I think a great price to buy is anywhere above $.60 against the USD.
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