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

IotexPrice Analysis: 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. 

IotexPrice 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. 

IotexPrice Analysis: IOTX Price Table (Last 07 Days) 

Date All-Time High All-Time Low Market Capitalization
22 March 2022 $0.098 $0.076 $872.84M
21 March 2022 $0.078 $0.071 $734.01M
20 March 2022 $0.081 $0.074 $716.04M
19 March 2022 $0.082 $0.076 $772.25M
18 March 2022 $0.078 $0.073 $735.19M
17 March 2022 $0.079 $0.074 $730.13M
16 March 2022 $0.081 $0.071 $702.19M

IotexPrice Prediction: IotexPrice Trend Comparison with BAT (Last 30 Days)

Source: Tradingview

IOTX manifested an extremely bullish trend since the beginning of February after decoupling from each other in the first few days. Further, the IOTX price surged high to hit more than 50% and very quickly plunged hard to slide below 15% off the average levels. A similar trend is witnessed with BAT but it maintained its trend much below the average levels and failed constantly to maintain above. 

At the press time, the IOTX price is above the average level by 17.18% after accumulating for quite a long time. Whereas, the BAT price is below these levels by 5.92%. However, it is important to note that IOTX price is pointing towards the south but the BAT is attempting a rebound. And hence a notable uptrend may be pretty visible in the upcoming days. 

Additional Read: IOTEX Technical Analysis

Correlation of IOTX/USDT and IOTX/BTC (Last 30 Days)

Source: Tradingview

The IOTX/BTC pair manifest huge strength compared to that of the BTC trading pair. No doubt the BTC pair has also recorded a couple of intense spikes, yet failed to surpass the USDT trend. And hence remained much below the USDT pair and currently manifesting the possibilities of plunging hard. 

No doubt the USDT pair is also on the verge to shed some gains but is expected to manage the trembled situation at the earliest. Currently, the IOTX/USDT is above the average price by 17.17% whereas the BTC pair is 5.31% above. Therefore with a minor flip both the assets may trade within a safe zone. 

Additional Read: Top Crypto New Today, 23 March 2022.

IOTX Price Prediction 2022: Latest IOTX coin News in February-March 2022

IOTX Now Widely Available in 60+ Countries

Iotex Foundation partnered with Crypto exchange service provider, ChangeNow to offer to buy/sell service for IOTX with Credit/Debit cards in over 60+ countries!

Source: Twitter

Iotex Platform Raised Funds For War-Impacted Civilians

The platform managed to collect more than 100,000 IOTX to provide aid for the war-impacted Civilians. Moreover, the people who donate more than 500 IOTX would get a ‘Peace, Not War’ NFT from Iotex Foundation. 

Source: Twitter

Where & How to Buy Iotex IOTX coin

Do you want to buy an Iotex (IOTX) coin? Then you have landed at the right place.

CoinDCX is one of the most popular cryptocurrency exchanges in India which is built to prioritize the security of the users. Along with a huge variety of crypto assets, CoinDCX offers multiple benefits, lucrative features, etc, and many more at a very affordable rate. All you need to do is download the CoinDCX App on your smartphone, enter the required details. Once your details are verified, then fund your wallet and buy your desired crypto. Simple!!


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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