Crypto Price Predictions

Iotex Price Prediction: IOTX Price Self-Assured of a 15% Rally. Will it Clear $0.1 Levels before Q1?

IOTEX Price Prediction

Key Takeaways:

  • The IOTX price closed the previous day’s trade at $0.0095 with a market capitalization of $872.84 million and a circulating supply of 9.54 billion IOTX
  • The Price in the short term manifests extreme bullish signals, primed to undergo a notable uptrend of more than 10% to end the Q1 trade

How High Will IOTX Crypto Price Go in March 2022?

The asset spiked gigantically with the beginning of the current weekly trade and ignited with a healthy consolidation ahead. Swinging within the restricted resistance and support levels, the IOTX price has formed an extreme bullish flag which points out towards a breakout towards the north. With the breakout, the price is expected to clear the pivotal resistance at $0.1 initially. 

Further maintaining the bullish trend through the March trade, the price may attempt to reach the important zones just above $0.108 to $0.12. As the quarterly trade is about to end very soon, a significant raise may be expected with a minimum possibility of a rebound towards the lower support. 

Iotex Price Prediction: Will Iotex Price Hit $1 in 2022?

The IOTX price had smashed its highs just before the end of the 2021 trade and also managed to shed more than 55% before the close. The descending trend was carried forward until the press time where-in each attempt of rebounding from the descending trend has failed to form yet another lower high. The asset is attempting very hard to lose the quarterly trade on a bullish note and also maintain the bullish momentum throughout Q2.

In such a case, the IOTX price may surpass $0.11 at first to settle levels around $0.15 by the mid of 2022. However, if the market trend changes a bit then a significant uptrend may uplift the price beyond $0.2 to $0.25 by the end of 2022. Therefore attaining $1 is extremely hard at the press time but maybe achieved any time shortly. 

Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. In case you have any queries, write to [email protected].

The above information represent the independent views of Primestack Pte. Ltd, Neblio Technologies Pvt. Ltd, and/or their affiliate entities and are for informational & educational purposes only. The content, information or data provided above is not an offer, or solicitation of an offer, to invest in, or to buy or sell any interest or shares, virtual digital assets/ crypto products or securities, or to participate in any investment or trading strategy. Any statement or communication made above shall not be treated as a legal, financial, investment or tax advice by the reader. The calculations, data, risk-return formulations, performance or market capitalization indicators captured above are based on the independent data sourcing including collation of public information and/or analysis performed by analysts, advisors or employees of Primestack Pte. Ltd/ Neblio Technologies Pvt. Ltd and/or their affiliate companies and/or any third party. Past performance is not indicative of any future results. The reader(s) are hereby advised to consult their financial/ legal/ tax advisor(s) before making any investment.


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