icexch

IOTA. The equilibrium price is about $ 1. But for how long?

Short
BITFINEX:IOTUSD   IOTA
It seems that the sellers won't let IOTA go for less than $ 1.
Even if we look back to the day of panic sales before the end of 2017, the minimum was $ 1.1.
And now the market doesn't go lower, at the same time getting closer and closer to $ 1.
Trend indicators are still on sale, however, having barely passed the previous local minimum, quotes start to be adjusted upwards.
There are signs of a weakening of the falling trend. However, the sellers are in no hurry to show aggression and strongly raise the quotes.
Thus, the market seems to have finally found the equilibrium price for the near future: $ 1 With any further direction, the market will probably spend a considerable amount of time here.
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