Key takeaways
- IOTX price prediction suggests that the coin’s price can increase by 50%, reaching the $0.0645 level by the end of 2024.
- By 2027, IOTX may achieve a peak price of $0.1954 with an average price of $0.1705.
- In 2030, the target price for IOTX is between $0.5042 and $0.5746, with an average price of $0.5179.
IoTeX is constructing the next generation of the Internet- The Internet of Things (IoT). This development will be unlike any other, allowing every device to connect and interact. Gaining 1000% overnight from its all-time low, is another IOTX rally possible? Let’s dive into this IOTX price prediction to find out.
The IoTeX network is an open-source blockchain protocol that provides scalability, privacy, and interoperability solutions for connected devices. It offers its own developer tools to enable the development of IOTX-powered dApps. It is also Ethereum Virtual Machine (EVM) compatible, making it simple for Ethereum developers to migrate contracts without having to rebuild them from the ground up. According to IoTeX, its blockchain executes transactions quickly and with minimal gas fees.
Overview
| Cryptocurrency | IoTeX |
| Token | IOTX |
| Price | $0.0487 |
| Market Cap | $432,114,115 |
| Trading Volume | $20,672,250 |
| Circulating Supply | 9,441,378,929 IOTX |
| All-time High | $0.2556 Nov 13, 2021 |
| All-time Low | $0.001216 Mar 13, 2020 |
| 24-hour High | $0.0489 |
| 24-hour Low | $0.0453 |
IOTX price prediction: Technical analysis
| Metric | Value |
| Volatility | 8.31% |
| 50-Day SMA | 0.046478 |
| 200-Day SMA | 0.053718 |
| Sentiment | Neutral |
| Fear & Greed | 61 (Greed) |
| Green Days | 16/30 (53%) |
IOTX price analysis: Coin value surpasses $0.0487 amidst an upswing
TL; DR Breakdown:
- IOTX price analysis confirms an uptrend.
- The coin value has spiked up to $0.0487.
- Strong support is being provided at $0.0334.
The bulls are reigning in the market as per the latest IOTX price prediction for July 17, 2024. The bulls have been securing victories quite consecutively, thus affirming a massive recovery for the cryptocurrency. Over the past 24 hours, the coin value has escalated up to $0.0487, marking a further hike in bullish momentum. If the buying activity intensifies further, the bullish tide may aggravate further recovery.
IOTX price analysis 1-day chart: Bullish strike leads to an upsurge beyond the $0.0487 hill
The daily price analysis for the cryptocurrency suggests a strong, bullish victory. Green candlesticks have been dominating the one-day price chart for the past week. In the last 24 hours, the coin value achieved a $0.0487 target amidst growing buying pressure. The moving average (MA) indicator’s overall value has increased to $0.0408, which is high. That is a consequence of the constant upswing recorded throughout this week.
The upper band of the Bollinger bands indicator is present at $0.0462, which is lower than the current coin value. The lower Bollinger band dictates its value at the $0.033 end, suggesting highly stable support levels for the cryptocurrency. Lastly, the Relative Strength Index (RSI) indicator confirms the recent changes in price movements.
IOTX price analysis 4-hour price analysis: IOTX zooms past the $0.08487 barrier amid its ascent
The IOTX price analysis suggests a highly bullish shift in market events during the last four hours. The bulls have persisted with their efforts since the early hours. Considering the massive daily turnover in the past four hours, the coin value has soared up to $0.0487. Similarly, the moving average indicator also shows a sharp bullish curve on the one-day price chart. Its value has reached $0.0462 because of the constant upside in the past few days.
The upper band of the Bollinger bands indicator has moved to a high of $0.0489, marking the resistance point. The lower extreme occupies the $0.0379 end, thus confirming strong support. The RSI indicator confirms the ongoing upswing, as its value has substantially risen. Currently, the indicator’s value is 73.62, beyond the overbought threshold.
IOTX technical indicators: Levels and action
Daily simple moving average
| Period | Value ($) | Action |
| SMA 3 | 0.044581 | BUY |
| SMA 5 | 0.042822 | BUY |
| SMA 10 | 0.04085 | BUY |
| SMA 21 | 0.040448 | BUY |
| SMA 50 | 0.046478 | SELL |
| SMA 100 | 0.051377 | SELL |
| SMA 200 | 0.053718 | SELL |
Daily exponential moving average
| Period | Value | Action |
| EMA 3 | 0.039744 | BUY |
| EMA 5 | 0.040008 | BUY |
| EMA 10 | 0.041449 | BUY |
| EMA 21 | 0.044817 | BUY |
| EMA 50 | 0.049747 | SELL |
| EMA 100 | 0.05276 | SELL |
| EMA 200 | 0.050396 | SELL |
What to expect from IOTX price analysis
The IOTX price prediction for the day favors cryptocurrency buyers. That is because the bullish momentum has been intensifying throughout the day. Considering the bullish tide today, the coin value has recovered up to $0.0487. Moreover, the four-hour price analysis confirms an aggravating bullish swing as well.
Is IOTX Coin a good investment?
IOTX is a project with a lot of potential. It has a strong team and further partnerships. The technology is sound, and they are constantly improving it. The mainnet is live, and they are working on adoption. The price is forecasted to increase in the next years. So far, the IoTeX network’s potential is immense. Due to its capabilities, we’ll likely see more IoT devices and DApps created on the network, influencing IOTX’s overall price. The token’s price is expected to increase to $0.1954 by the end of 2027.
Why is IOTX up?
Iotex (IOTX) is up due to strong strong buyers’ support amidst neutral market sentiment, indicated by hightened scores of technical indicators like the RSI and upward trends in moving averages.
Will IOTX reach $0.100?
According to the 2026 IOTX price predictions, IOTX is expected to reach an average price of $0.1174, suggesting it may approach above the said level, consistently reaching the $0.1141 mark throughout the year even on the lower side. However, in the best-case scenario, IOTX Coin might surpass the $0.1394 mark.
Will IOTX reach $0.500?
The 2030 forecast anticipates a peak price of $0.5746, indicating that IOTX could potentially surpass the $0.500 mark during that year, assuming the bullish momentum and positive market conditions persist.
Will IOTX reach $1?
The prediction suggests a maximum price nearly half of $1 for IOTX by 2030, indicating the cryptocurrency will not reach this mark in the next five years. However, this would depend on sustained growth, market dynamics, and broader adoption factors.
Does IOTX have a good long-term future?
The long-term price predictions from 2025 to 2030 indicate a generally positive outlook for IOTX token, with projected growth in average and maximum prices over the years. This suggests potential for IOTX to establish itself as a valuable asset in the cryptocurrency market, subject to market developments and adoption trends. The token will increase by almost 1000% in the next five years.
Recent news/opinions on IOTX
- Iotex announced it has upgraded IoTeX L1 blockchain to an open Modular Infrastructure for DePINs. The company also introduced new tokenomics and a unified trust layer.
IOTX price prediction July 2024
According to IoTeX price prediction for July 2024, we expect a minimum price of $0.0323 and an average price of $0.0410. However, if IOTX’s growth trajectory persists, we predict its value could reach as high as $0.0675 at its peak.
| IOTX price prediction | Minimum price | Average price | Maximum price |
| IOTX price prediction July 2024 | $0.0323 | $0.0410 | $0.0675 |
IOTX price prediction 2024
According to IOTX price prediction for 2024, we expect a minimum price of $0.0553 and an average price of $0.0572. However, if IOTX’s growth trajectory persists, we predict its value could reach as high as $0.0645 at its peak.
| IOTX price prediction | Minimum price | Average price | Maximum price |
| IOTX price prediction 2024 | $0.0553 | $0.0572 | $0.0645 |
IOTX price predictions 2025-2030
| Year | Minimum Price $ | Average Price $ | Maximum Price $ |
| 2025 | 0.042 | 0.043 | 0.047 |
| 2026 | 0.1141 | 0.1174 | 0.1394 |
| 2027 | 0.1658 | 0.1705 | 0.1954 |
| 2028 | 0.2417 | 0.2502 | 0.2853 |
| 2029 | 0.3329 | 0.3429 | 0.4125 |
| 2030 | 0.5042 | 0.5179 | 0.5746 |
IOTX price prediction 2025
According to IoTeX price prediction for 2025, the minimum price of IOTX will be $0.0801, while the average price will be around $0.0824. There is potential for significant growth in the value of IOTX during this period, with the token possibly reaching a maximum price of $0.0960 by the end of 2025.
IOTX price prediction 2026
According to the IOTX price prediction for 2026, we expect the minimum price of the coin to be $0.1141 and an average predicted value of $0.1174. We expect IOTX’s price to surge to a maximum of $0.1394 by 2026.
IOTX price prediction 2027
IoTeX price prediction for 2027 is a minimum value of $0.1658. with an average trading price of $0.1705. Based on the IOTX price prediction for 2027, the price could reach a maximum of $0.1954 during the year.
IOTX price prediction 2028
Based on IoTeX price prediction for 2028, the IOTX token is anticipated to experience a bullish trend with a predicted floor price of $0.2417 and an average trading value of $0.2502. The highest possible price for 2028 is estimated to reach $0.2853, reflecting a significant increase in the token’s valuation.
IOTX price prediction 2029
IoTeX price prediction for 2029 suggests that the minimum price level could be $0.3329. The IOTX token will experience significant growth, with a maximum potential price value of $0.4125 and an average projected value of $0.3429.
IOTX price prediction 2030
According to IoTeX price prediction for 2030, the cryptocurrency’s value may drop to a low of $0.5042 by year-end. However, we expect the average trading price to be $0.5179 and the highest price to reach at $0.5746.
IOTX market price prediction: Analysts’ IOTX price forecast
| Firm Name | 2024 | 2025 |
| DigitalCoinPrice | $0.10 | $0.12 |
| Coincodex | $ 0.037835 | $ 0.168781 |
Cryptopolitan’s IOTX price prediction
Cryptopolitan’s forecast shows that IOTX will achieve a high price of $0.0645 near the end of 2024. In 2025, the IOTX price will range between $0.0801 and $0.0960. In 2030, the cryptocurrency will range between $0.5042 and $0.5746, with an average price of $0.5179. It is important to consider that the predictions can change at any time and are not investment advice. Professional consultation is suggested, or you can carry out your own research.
IOTX historic price sentiment
- After its launch, IOTX soon spiked to $0.0657 on June 2, 2018, but started to descend the very next day and dipped to $0.00928 by August 15. The token closed the year at a price of $0.00827.
- 2019 was a difficult year for IOTX as kept trading below its support, the token touched the highest mark of $0.0163 for the year in April, and traded as low as $0.00366 in October.
- IOTX gained significant momentum early on but gradually declined in the following weeks until it hit bottom at $0.001239 on March 13, 2020.
- 2020 started with a price range of $0.00663, but on 3 November 2021, IOTX performed its first burn drop, preempting a massive rise in its value, which rose from $0.07817 to $0.1659 in a day—a 112 percent bull run.
- In the 2021 bull market, IOTX registered its highest gains after reaching its peak at $0.2611 on November 13, 2021.
- In 2022, it shed all its profits and fell below its ICO price of $0.0138 in 2023, IOTX briefly rose to $0.00336 in late January but could not sustain the position after mid February, the token fell to $0.0134 in October.
- In December 2023, IOTX started to recover and finally reached $0.0427, closing the year in the $0.049 range.
- For 2024, IOTX traded mostly in green and spiked to $0.0519 at the start of January.
- IOTX dipped back to $0.0415 in February but started recovering soon, reaching $0.0814 by mid March.
- IOTX maintained the higher price level until April 10 before sliding to $0.0454 in May.
- In June 2024, the IOTX token fell to $0.0410 under selling pressure and is currently trading in the $0.0487 range in July.
