IOStoken has an announcement that is scheduled for tomrorow, the 9th
. I won't play the speculation game here and try to guess what the announcement is but the CEO
has been spending quite some time in Korea. Is it a new partnership? A new exchange? Who knows, only time will tell. A rising wedge
is depicted in my graph and I believe we'll retrace back a bit to the 480s before finishing off point E of the wedge
before taking off. My target pre-announcement is around 600 sats
. There will no doubt be a dip prior to the release of the news, and depending on the news... IOStoken can skyrocket or dump hard if the news does not match the hype. Regardless, IOS is a longterm investment for me so small price fluctuation will not matter much.
This is not investment advice, this is just my take on IOS token. Happy investing all.