IOTA {MIOTA} price prediction 2019; Foundation schedules meeting in Washington DC

By October 25, 2019 Altcoins
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A meetup is slated to occur 641 S St NW adjacent to the Howard Theatre in DC. This event will feature reputed speakers like Mathew Yarger, Jonathan Shaffer, and Don Kelly. The entire discussion will revolve around IOTA’s growth in the cryptosphere as well as beyond the walls of the ecosystem.

If you’re residing within the border of the United States of America and are willing to drop by the capital, you can check out the meetup which has a total of 60 spots.

In accordance with the candlestick chart linked to the IOT/USD pair on tradingview, one can ascertain that sellers and buyers are locked in a heated battle, whose result will determine the group who’d be the dominant force prevailing in the market. A newly created level of support can be found near the $0.2442 mark and resistance may be felt adjacent to $0.2789 [once the virtual currency recovers].

From 23rd October onwards, the peaks tied to the Awesome Oscillator all possessed the brown shade. This signifies that bearish pressure is on the verge of impacting the altcoin. Similarly, the MACD line has also grown further apart from the signal line, thereby resulting in the effective progress of the crimson histogram.

The daily RSI [for 14 periods] is at 40.26 which signifies that $MIOTA ain’t too far from the oversold zone. While this may be construed as bad news, the Foundation’s recent partnership with FIWARE may spark off a bull-run by next week. Let us hope that the asset stabilizes over the span of the next 2 days.

IOTA is positioned at #17 beneath Huobi Token in the market. The trading volume recorded stands at roughly $3.582 million, while the supply has 2.779 billion MIOTA coins in play as part of circulation. The total market cap of IOTA is $705.088 million as of this very moment. The price depicted a marginate increase amounting to 0.04% in the course of the past 24-hours; this, in turn, led to $MIOTA being priced at $0.253699 where it currently rests

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