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IOTA price prediction 2024-2030: Should you buy IOTA?

Key takeaways

  • IOTA price prediction suggests that the coin’s price can increase by 15%, reaching $0.2046 by the end of 2024.
  • By 2027, IOTA may achieve a peak price of $0.6802 with an average price of $0.5951.
  • In 2030, the target price for IOTA is between $1.87 and $2.22, with an average price of $1.93.

There are many speculations and predictions about the IOTA Price Prediction trend, which is involved by the growing use cases of IOTA. For one, the design of the network eliminates all transaction fees. Additionally, the network is high-speed. Combined, IOTA has near-unlimited scalability. It’s also far more energy-efficient than blockchain-based cryptocurrencies.

Investors expressed concerns about MIOTA’s prospects and whether it has the potential to compete with others in the cryptocurrency market.

Iota uses a distributed ledger different from others called Tangle. Tangle technology is blockless, using ledger and IoT applications. It doesn’t require mining or other energy-consuming equipment. The tangle technology is a Directed Acrylic Graph. As the blockchain grows, the assets needed to maintain it reduce. This trend is different from what is obtainable for most cryptocurrencies.

As the network grows to accommodate more end-users, Tangle transactions become faster and safer. There has never been anything like IOTA; so much interest is in IOTA price prediction and forecast. Many crypto giants are interested in how MIOTA grows, with several predictions for its future.

Read: Tangle technology brings huge savings compared to BTC transactions

Overview

CryptocurrencyIOTA
TokenIOTA
Price$0.1666
Market Cap$574,694,643
Trading Volume$10,993,312
Circulating Supply3,344,331,631 IOTA
All-time High$5.25 Dec 19, 2017
All-time Low0.08164 Mar 13, 2020
24-hour High$0.1732
24-hour Low$0.1646

IOTA price prediction: Technical analysis

MetricValue
Volatility6.42%
50-Day SMA 0.187426
200-Day SMA 0.251337
SentimentNeutral
Fear & Greed65 (Greed)
Green Days 18/30 (60%)

IOTA price analysis: IOTA devalues to $0.1666 following a bearish turn

  • IOTA price analysis confirms an uptrend.
  • The coin value has dropped to $0.1666.
  • Strong support is being provided at $0.1431.

The IOTA price prediction for July 16, 2024, indicates signs of a bearish trend for the cryptocurrency. The past week proved highly favorable towards the bullish progression, as an aggravating upward swing was observed. However, the coin value has depreciated to $0.1666 because of the bearish comeback in the past 24 hours. If the bears remain persistent, further downside may be expected soon.

IOTA/USDT price analysis 1-day chart: Coin value recedes to $0.1666 amidst the downside

The bears are on the leading end, per the daily analysis for IOTA. The past 24 hours remained supportive for the bears as a downtrend was recorded. The selling activity has resumed, as the bears are in the lead. Overall, the coin value has dropped to $0.1666 due to the bearish side during the day. On the other hand, the moving average (MA) indicator shows an improvement in its overall value. Its value has spiked to $0.1590 because of the constant upswing earlier this week.

IOTA/USDT price analysis 1-day chart

The upper end of the Bollinger bands indicator has shifted to $0.1793, indicating the resistance level. The lower end has moved to $0.1431, confirming strong support. Lastly, the Relative Strength Index (RSI) indicator confirms the latest changes in price movements. Its value has decreased to 49.23 amidst the growing selling pressure today.

IOTA price analysis 4-hour chart: Bulls bounce back as IOTA hits $0.1663 once again

The bulls have secured a victory over the past four hours. The hourly price analysis for the cryptocurrency dictates a substantial win for the buyers. Although a bearish tide was observed in the earlier hours of the day, currently, the bulls are on the winning end. The coin value has recovered to $0.1663 because of the upturn in the past few hours. Side by side, the moving average indicator also shows a hike in its value. The indicator’s curve is bullish, and its value has increased to $0.1673 because of the constant upswing.

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IOTA price analysis 4-hour chart

The Bollinger bands indicator’s upper band is $0.1715, marking resistance. The lower end is now at $0.1552, signaling highly stable support. For now, the RSI graph displays a sharp bullish curve. Its value has ascended to 58.85 following the upturn during the day.

IOTA technical indicators: Levels and action

Daily simple moving average

PeriodValue ($)Action
SMA 3 0.172457BUY
SMA 5 0.167222BUY
SMA 10 0.160904BUY
SMA 21 0.166066BUY
SMA 50 0.186247SELL
SMA 100 0.212024SELL
SMA 200 0.250807SELL

Daily exponential moving average

PeriodValueAction
EMA 3 0.164797BUY
EMA 5 0.167729BUY
EMA 10 0.172412BUY
EMA 21 0.182303SELL
EMA 50 0.202589SELL
EMA 100 0.224323SELL
EMA 200 0.235013SELL

What to expect from IOTA price analysis

The IOTA price analysis for the day confirms a highly bearish scenario for the cryptocurrency. Because of today’s downturn, the coin value has depreciated to $0.1666. Overall, the selling activity remained high compared to the buying activity. The four-hour price analysis makes a similar prediction, which also suggests an upside.

Is IOTA a good investment?

IOTA is a good investment, as many market analysts predict a price hike in the coming years. The adoption of IOTA will increase in the coming years as it has many potential use cases. Coupled with own research you can successfully invest in IOTA; the predictions are not investment advice.

Governmental bodies worldwide increasingly explore decentralized identity (DID) solutions to bolster security measures and safeguard citizens’ interests. The thriving semiconductor hub of Taiwan has taken a significant step in this direction, engaging in discussions with IOTA, a leading player in the field of decentralized technology, to explore the integration of decentralized ID solutions. It is expected that IOTA/USD will reach a maximum value of $0.4704 by the end of 2026.

Why is IOTA up?

The IOTA/USD crypto pair price has decreased today as a small correction is taking place. However, the overall uptrend is intact, and IOTA is reviving at a moderate pace. We expect the IOTA price to keep improving over the next week.

Will IOTA recover? 

IOTA has been dipping since mid-March; nevertheless, the decrease in rice levels is gradual, with bullish periods in between. Overall, most altcoins are on a downtrend if observed over the larger picture in the crypto market, and there are equal chances of a price reversal in the upward direction as the coin has been recovering for the past week.

Will IOTA reach $0.50?

Reaching $0.500 is not impossible, but it may take some time. IOTA will have to surpass several crucial resistance levels to reach this level. Considering IOTA’s current price action and market conditions, the token may reclaim the $0.500 mark by 2027.

Will IOTA reach $1?

Per Cryptopolitan’s price prediction, IOTA is likely to reach $1 in the next 3.5 years, and it is expected to reach $1 by the end of 2028.

Will IOTA reach $10?

Cryptopolitan expects a lower chance of reaching this level within the next five years. If market sentiment remains positive, the maximum IOTA can reach is a little above $2 by 2030.

Does IOTA have a good long-term future?

IOTA is expected to increase in value gradually over the coming years. Currently, the coin is trading in its lower price envelope. However, the token is expected to reach $2.22 by 2030, which makes it a valuable asset for multiple gains.

Recent news/opinions on IOTA

  • IOTA shared a post from Supra on the X platform, saying Supra has integrated its Oracle solutions with IOTA’s RWA-focused ecosystem. In another post, UNCX said its integration with IOTA is progressing smoothly to enhance the safety and security of its offerings.

IOTA price prediction July 2024

According to IOTA price prediction for 2024, we expect a minimum price of $0.139 and an average price of $0.640, However, if IOTA’s growth trajectory persists, we predict its value could reach as high as $0.218 at its peak.

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IOTA RLC price predictionMinimum priceAverage priceMaximum price
IOTA price prediction June 2024$0.139$0.640$0.218

IOTA price prediction 2024

According to our IOTA price prediction for 2024, we expect a minimum price of $0.27 and an average price of $0.28. However, if IOTA’s growth trajectory persists, we predict its value could reach as high as $0.33 at its peak.

IOTA price predictionMinimum priceAverage priceMaximum price
IOTA price prediction June 2024$0.1770$0.1831$0.2046

IOTA price predictions 2025-2030

YearMinimum Price $Average Price $Maximum Price $
20250.26470.27380.3073
20260.38800.40170.4704
20270.57500.59510.6802
20280.86050.89031.00
20291.261.311.50
20301.871.932.22

IOTA price prediction 2025

According to IOTA price prediction for 2025, the minimum price of IOTA  will be $0.2647, while the average price will be around $0.2738. There is potential for significant growth in the value of IOTA during this period, with the token possibly reaching a maximum price of $0.3073 by the end of 2025.

IOTA price prediction 2026

According to the price prediction for 2026, we expect the coin’s minimum price to be $0.3880 and its average predicted value to be $0.4017. We expect IOTA’s price to surge to a maximum of $0.4704 by 2026.

IOTA price prediction 2027

The IOTA price prediction for 2027 is a minimum value of $0.5750, with an average trading price of $0.5951. Based on this prediction, the price could reach a maximum of $0.6802 during the year.

IOTA price prediction 2028

Based on IOTA price prediction for 2028, the IOTA  token is anticipated to experience a bullish trend with a predicted floor price of $0.8605 and an average trading value of $0.8903. The highest possible price for 2028 is estimated to reach $1.00, reflecting a significant increase in the token’s valuation.

IOTA price prediction 2029

IOTA price prediction for 2029 suggests that the minimum price level could be $1.26. The IOTA token will experience significant growth, with a maximum potential price value of $1.31 and an average projected value of $1.50.

IOTA price prediction 2030

According to IOTA price prediction for 2030, the cryptocurrency’s value may drop to a low of $1.87 by year-end. However, we expect the average trading price to be $1.93 and the maximum estimated price to reach as high as $2.22.

IOTA price prediction 2024 - 2030

IOTA market price prediction: Analysts’ IOTA price forecast

Firm Name20242025
DigitalCoinPrice$0.38$0.45
Wallet Investor$0.110$0.0170

IOTA price prediction by Cryptopolitan

According to Cryptopolitan’s IOTA price prediction for 2024, we expect the token to have a minimum price of $0.1770 and an average price of $0.1831. However, if IOTA crypto’s growth trajectory remains intact, we predict its value could reach as high as $0.2046 by the end of the year.

IOTA historic price sentiment

IOTA Price History
IOTA price history. Image source: Coinmarketcap
  • Established in 2015, the project initiated an ICO in the same year to secure funding for its development. This ICO raised around $590K by selling 1,000,000,000 IOTA coins at $0.00059 per coin.
  • The earliest available IOTA price data on CoinMarketCap dates back to 18 June 2017, when it was recorded at $0.5923. During this period, the market capitalization reached approximately $1.17 billion.
  • Subsequently, IOTA entered a rapid growth phase, surging to an all-time high of $5.69 and a market capitalization of $14.12 billion on 19 December 2017. 
  • However, this upward momentum was short-lived, and the price experienced a notable decline, reaching a low of $0.2131 by December 2018.
  • In 2019, IOTA did not make a stride and traded between $0.250 and $0.577.
  • In 2020, IOTA hit its lowest price at $0.07962. Its value remained below $0.5 until the onset of the most recent bullish crypto market in the first quarter of 2021.
  • In February 2021, IOTA witnessed a significant price spike, although it fell short of reaching its all-time high. The ascent halted at $2.5142 due to resistance, disappointing numerous investors. Subsequently, the price declined, briefly recovering to $1.8 before further descending.
  • In 2023, the token’s price remained low, with a few small bumps seen in January and Late November. The token closed the year with a price of $0.302.
  • IOTA started 2024 with a subsiding bullish wave, as its value fell from $0.288 to $0.218 in January.
  • Around mid-February, the token again started a bullish round and recovered back to the $0.250 range, while spiking to $0.313 till the start of March.
  • IOTA recorded the highest price of $0.414 on March 11, 2024, which was the highest for the year till now.
  • IOTA token fell to the $0.222 range by mid-April and traded near this value for May 2024.
  • At the start of June 2024, IOTA started another bearish cycle and slipped to $0.152 at the start of July.
  • On July 16, 2024, the token has slightly recovered to $0.170 range.

FAQs

Will IOTA continue to rise in 2024?

Our IOTA price prediction for 2024 shows that MIOTA is expected to attain a maximum price of $0.204 by December.

Is IOTA a good investment?

The IOTA network has real-life applications that go beyond serving as a store of value, and this fact makes this blockchain project particularly interesting. In other words, MIOTA is functional crypto with massive potential for the future.

What are IOTA's future plans?

Iota’s future plan is to increase the adoption of the IOTA(MIOTA). This IOTA foundation will lead to an increase in the market price of Iota and market demand. IOTA price prediction shows the long-term IOTA forecast to be favorable.

What is expected from IOTA for the coming years?

The adoption of IOTA is expected to increase in the coming years as it has many potential use cases.

What's Firefly?

The IOTA Foundation has announced that its novel launch, Firefly, its new wallet, would change the scenario drastically for this digital asset. The features like reusable addresses, profiles, etc., would enhance the IOTA network performance replacing the infamous Trinity wallet.

Where is Hans Moog?

He's been working hard together with his developers to finish writing the consensus-related parts of the prototype. In addition, they have also been preparing the integration into the general node framework broken unit along with other integration tests.

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Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

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