IOTAUSD appears bearish on the 15th of April after heading across the $0.16000 mark. The cryptocurrency fell by around 8% on the day.
1-Day IOTA Price Analysis (15th April)
The cryptocurrency moved across the $0.16000 level after starting the day at the $0.15800 mark. The IOTAUSD pair reached a day’s high of $0.16019859 US Dollars, after which the coin gradually moved down not the day’s chart as it turned bearish. The cryptocurrency traded between the $0.15200 and $0.15400 levels after midday till 23:00 GMT. The trading pair saw another fall towards the end of the day, where it moved below the $0.14800 level and closed at a value of $0.14666493 US Dollars.
IOTA: technical indicators
The 20-Day Exponential Moving Average (20EMA) closed above the 50-Day Moving Average (50MA), at $0.14798445. The 50MA closed below the 20EMA, at $0.14780580.
The Relative Strength Index (RSI) appeared bearish just before the cryptocurrency closed on the 15th of April. The RSI fell to a closing value of 32.47 on the day’s scale.
Featured Image by edar.
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.