ıota

What is IOTA (MIOTA)? It deviates from the traditional blockchain structure and offers a unique distributed ledger technology. Instead, it uses a special technology called Tangle, a node system that confirms transactions. #ıota #bitcoin #Write2Earn $IOTA

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IOTA Price Tests Major Support Levels Amid Broader Cryptocurrency Market Decline

There have been huge fluctuations in the entire cryptocurrency market; The price of IOTA has fallen by almost 3% in the last 24 hours.
IOTA aims to facilitate microtransactions between IoT devices using the unique Tangle consensus algorithm.
“The market crash wiped out nearly $200 billion in a single day and affected various digital assets such as IOTA,” experts note.
IOTA is experiencing a significant price decline along with the general decline in the cryptocurrency market, affecting its top position among digital assets.

When we analyze the recent price action of IOTA, the cryptocurrency is currently trading below key technical indicators. Its 50-day simple moving average (SMA) is $0.226 and its 200-day SMA is $0.246. Since the current price is trading below these levels, a bearish trend seems to prevail throughout the market.
Technical Indicators Showing a Downward Trend
IOTA's Relative Strength Index (RSI) is just above 38, approaching the oversold zone, but not quite there yet. Historically, when the RSI reaches the oversold zone, the asset usually experiences a reversal. The Moving Average Convergence Divergence (MACD) line has crossed below the signal line, indicating the bearish momentum seen in the MACD histogram.

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Altcoins will also have their turn #Write2Earn #altcoins❗️ #ıota

It is very obvious that the old coins in the top 20 will exceed their ATH... the only thing left is to wait for ETH. Protect your wallet and wait for the post-halving drop towards mid-summer 2024.
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Don't be fooled by what is said. What they call Dominance is actually your money. The subseason begins as you deposit money into alt coins. Don't let them manipulate you. Of course, dominance increases as you withdraw money from altcoins and deposit money into BTC. Don't be fooled, be patient. Let the rich rob each other via BTC ETH. Choose from other rival altcoins that have a technological infrastructure. Get the ones that really suit rwa and technology, like #ıota pyth AI coins. Do you know what will happen? The government is trying to integrate into the lercoin market. Meme coins will disappear. That's all from me.

$LUNC There are people who keep criticizing the coin. #USTC... threw two 4-hour candles, their voices were breathless, short-term-minded friends, this coin is not for you, enter the newly listed coins that are unpredictable, but you may go bankrupt, but you will earn some money. There are coins with cats, dogs and frogs, maybe they turn into a prince when you kiss them😛 😉 the digital finance we are waiting for is #XLM #xrp #ıota