The price is below the , indicating a downward trend. The price also tested the Fibonacci level of 50% and the lower border of the .
has reached oversold levels.
We believe that it is worth buying at the market price now. Price declines are likely was false.
Price is trading below the . located near oversold level, indicating sellers are weak.
Also, a divergence has formed between the and the IOTA price and downtrend line has been overcome.
We recommend buying IOTA now because most indicators indicate the end of the price decline.