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IOTA price falls below $0.150

IOTA price falls below

The trajectory of the IOTA price line was observed exhibiting a decline on the 21st of April. The coin varied between the $0.149 and $0.160 levels on the day.

1-Day IOTA Price Analysis (21st April)

IOTA Price Chart

IOTA Price Chart by TradingView

The IOTA price line was seen at the $0.158 level at the beginning of the day, while it moved to a day’s high of $0.15918167 US Dollars, after which it retreated to the $0.158 level within the first 3 hours of the day. The IOTAUSD pair turned extremely bearish and experienced an abrupt fall to the $0.151 mark by 03:45 GMT. The cryptocurrency observed a ruffled trading trajectory between the $0.150 and $0.154 levels through the rest of the day. The cryptocurrency had fallen to a day’s low of $0.14923802 US Dollars before midday on the 21st of April. At the time of closure, IOTA traded at a price of $0.15143413 US Dollars.

IOTA: technical indicators

IOTA Featured Price Chart

IOTA Featured Price Chart by TradingView

The 20-Day Exponential Moving Average (EMA) closed at $0.15142050, while the 50-Day Moving Average (MA) saw to the day’s closure with a value above the 20EMAat $0.15180444.

The Relative Strength Index (RSI) rose across level 80.00 to reach a high of 88.61, which indicates that the cryptocurrency was overbought near 13:15 GMT. The RSI also showed a low of 14.53, which shows that IOTA was extremely oversold at 13:40 GMT. The RSI stayed between the 40.00 and 60.00 levels for the rest of the day, while it closed at 47.61.

Featured Image by Aidan Bartos.

Disclaimer: The information provided is not trading advice but an informative analysis of the price movement. Cryptopolitan holds no liability towards any investments based on the information provided on this page.

Aroosa Nadeem

Aroosa Nadeem

A media graduate and passionate media person Aroosa has a knack for digital media journalism and outreach. She has contributed content to different digital media publishers in a variety of areas including technology, health and finance.

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