IOTA has been performing a series of houdini acts to break out of one down channel but entering another by moving horizontally. In 36 hours there will be no room left. On the downside there are key support levels at 4.0, 3.8, 3.6 , 3.0 and 2.5. The upside potential is unlimited.
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Litecoin has more than doubled market cap in last 2 days. It could be crowding out investments in other top 4-5 currencies. Iota has lost the #4 position now. It seems rally in Litecoin is over now. It would be interesting to see who gets the next turn - Ether ? IOTA ? Dash ? Monero ?
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BAZINGA ! IOTA back in #3 spot . Somehow I seem to have 1 iota less today than yesterday. I am pretty sure about how many I had . I wonder ?
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Still playing tricks, goes up just enough to avoid going down. $5 is proving extremely tough to break. Once broken it will be an equally strong base support. Will this be the last week ever that we see IOTA below 5 ?
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The longer IOTA stays close to the bottom line of the Bermuda triangle, higher are its chances of sinking under, especially given the confusion around Microsoft partnership
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Here comes the poodle dump. But 3.6 stands strong. May be a good chance to buy iota below $4. Bitcoin seems to be holding up above 16K too so iota should not go down much further
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Iota on the move. Watch for break out !
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Bitcoin correction creating a market-wide down movement. IOTA should find support at 3.5, 3.3 and 3.0 , sell volumes don't look very high. Money coming out of bitcoin should pump up other coins. It could be IOTA's turn this week. Watch closely for price movement in the next 12-24 hours
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Strong resistance at 4.4-4.6 . I feel IOTA is preparing for a big push through that barrier. I hope it would look like an ICBM launch from around 4.2-4.3. That would be such a visual feast after a tough week. IOTA investors are battle hardened by now. I expect a huge victory over that obstacle.
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IOTA's golden day ruined by Bitcoin to Bitcoin cash money movement. Doesn't seem fair ! Let's see what tomorrow holds. The day IOTA gets listed on Coinbase it will double in price within 24 hours