In accordance with the candlestick chart linked to the IOT/USD pair on tradingview [based on data and observations drawn from the Bitfinex Exchange], one can determine that sellers are refusing to let go and aiming to push the value down towards $0.25. The mark of resistance lies at $3.006, and support can be found close to $0.2593. The daily RSI [for 14 periods] sits at 50.47 signifying that $MIOTA is busy advancing through neutral territory.
From 29th October onwards, the peaks tied to the Awesome Oscillator were established atop the zero line. Their green shade points to the dawn of bullish momentum, which is yet to successfully impact the altcoin. The Emerald Ichimoku Cloud is something HODLers can actually look forward to.
Post-30th October, the MACD line has begun to venture downwards and may intersect with the signal line by the end of this week. This shall cause the green histogram to switch sides and change color.
#Pegasus Connector is now available!
This mechanism allows users to give permission to dapps to communicate with the wallet via injection. As long as the user does not confirm the permission, it will not be possible to use it. @iotatokenhttps://t.co/ZMV6ObKzhu pic.twitter.com/rtgOW0rcgw
— Alessandro Manfredi (@AlleManfredi) October 31, 2019
IOTA is ranked at #17 above Dash and NEO in the market. The trading volume recorded stands at roughly $7.824 million as of this moment. The price was diminished at a rate of 1.18% in the course of the past 24-hours; this, in turn, led to $MIOTA dwindling all the way down to the $0.272655 mark where it presently holds. The total market cap of IOTA amounts to $757.854 million.
Launching the #AutomationSeries – a weekly interview series, by #IOTA and @APompliano, with expert guests covering digital assets, DLT and the #IoT. In this 1st episode, @DomSchiener, our co-founder, explores how DLT will make data privacy a reality: https://t.co/42GCQFuT91 pic.twitter.com/W6Dtkx8kP3
— IOTA (@iotatoken) October 31, 2019