The IOTA price lined moved across the $0.16300 mark before falling to $0.15800. The cryptocurrency traded between the $0.15900 and $0.16400 levels through most of the day.
1-Day IOTA Price Analysis (14th April)
The cryptocurrency’s price line traded at the $0.1610 level until after 8:00 GMT, when the coin saw a bearish movement and felt towards the $0.1590 mark. Gradually, the cryptocurrency moved up on the price chart and reached across the $0.16300 level and scored a day’s high of $0.16373457 US Dollars. The cryptocurrency saw bears at 21:00 GMT and fell to the $0.15800 level. The coin closed the day with a trading value of $0.15722273 US Dollars, which also happens to be the day’s low for the 14th of April.
IOTA: technical indicators
The 20-Day Exponential Moving Average (EMA) closed at the $0.16095530 mark, while the 50-Day Moving Average (MA) closed below the 20EMA, at $0.160955300.
The Relative Strength Index (RSI) was observed moved across the level 80.00, to reach a high of 88.03. This shows that the IOTA coin was overbought here. The RSI closed the day at 48.97.
Featured Image by Gerd Altmann.
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.