IOTA price gets back on track, following IOTAs good news
Looks like IOTA is gaining strength again as it clearly broke the descending channel to the upside on
IOTBTC
. No wonder, if you take into account, that IOTA had several positive news in the last few weeks, and traded since some months at very low level, depsite being a very interesting project.
Overview over the past few weeks:
- IOTA introduced the new lightweight node Hornet:
blog.iota.org/introd...ta-node-2b3b750348f5
- Publication of a more detailed Roadmap, where Coordicide gets timed at end of 2020.
blog.iota.org/end-of...for-2020-c106be92305
- Software AG, the fourth biggest IT company from the European Union by turnover, announced, that they plan a widespread use of the IOTA token.
www.crypto-news-flas...t-update-and-x-cube/
- symbol="NYSE:STM"]NYSE:STM main account on Twitter advertises their X-CUBE-IOTA1 software expansion package for their STM32 MCU (microcontroller) which enables interactions with the tangle:
twitter.com/ST_World.../1216724437996908544
- Fundstrat made a detailed investor report about IOTA, valuing the IOTA token at 2035 with a value of 101$. For me, actively following IOTAs news, it contains not much new information to me, except. But it's great to see such a detailed analysis from a professional institution and may drive price higher.
fsinsight.com/2020/0...ive-market-adoption/
IOTBTC
. No wonder, if you take into account, that IOTA had several positive news in the last few weeks, and traded since some months at very low level, depsite being a very interesting project. Overview over the past few weeks:
- IOTA introduced the new lightweight node Hornet:
blog.iota.org/introd...ta-node-2b3b750348f5
- Publication of a more detailed Roadmap, where Coordicide gets timed at end of 2020.
blog.iota.org/end-of...for-2020-c106be92305
- Software AG, the fourth biggest IT company from the European Union by turnover, announced, that they plan a widespread use of the IOTA token.
www.crypto-news-flas...t-update-and-x-cube/
- symbol="NYSE:STM"]NYSE:STM main account on Twitter advertises their X-CUBE-IOTA1 software expansion package for their STM32 MCU (microcontroller) which enables interactions with the tangle:
twitter.com/ST_World.../1216724437996908544
- Fundstrat made a detailed investor report about IOTA, valuing the IOTA token at 2035 with a value of 101$. For me, actively following IOTAs news, it contains not much new information to me, except. But it's great to see such a detailed analysis from a professional institution and may drive price higher.
fsinsight.com/2020/0...ive-market-adoption/
Trade active:
Despite Coronavirus and a strong BTC in the last weeks, IOTA can follow Bitcoins.
- Soon green 9 on weekly
(bearish, but needs to be contextualized with SMMA/EMA cross up)
- Can hold in value against Bitcoin, great sign
- SMMA/EMA crossing up currently, "switch to bull mode" again!
- Soon green 9 on weekly
(bearish, but needs to be contextualized with SMMA/EMA cross up)
- Can hold in value against Bitcoin, great sign
- SMMA/EMA crossing up currently, "switch to bull mode" again!
