SpiritPhilip

IOTX READY TO BOOM

Long
BINANCE:IOTXUSDT   IoTeX / TetherUS
Technically we are still bullish and many more fundamentals. I believe so much in IOTX.
IOTX, which has been constantly on the rise for the past few weeks. The surge in IOTX price comes mainly from the partnerships announced by the company. The company made back-to-back announcements regarding their partnership with Travala.com and NOWPayments. The tie-ups with the companies saw investors splurge more into the coin as it began to build a stronghold in various sectors. Yet another possible reason for the bullish run of the coin could be the IoTeX’s conference that took place on Tuesday which seemed to have had a positive effect on the coin’s investors.
IOTX’s surge can be considered a positive for all investors of the coin but it still hasn’t ‘exploded’. The coin could continue the rally and set yet another all-time high in the next few hours. However, this wouldn’t become possible if investors keep booking profit on the coin’s surge. Several cryptocurrency coins including Ethereum, Solana, Shiba Inu and the market leader Bitcoin are all on the bull run. For IOTX to keep a positive valuation rise, the surge needs to continue. According to investors, IOTX, owing to its constant development could set new highs in the coming days but reaching the USD 1 mark doesn’t seem possible in the next two to three years.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.