📈 Analysis and forecast for $IOTX on Binance: further prospects? 📉
As of June 13, 2025, 15:17 EEST, the price $IOTX on Binance is $0.02196, with a rise of 6.91% in the last 24 hours. Trading volume shows activity, and market capitalization is growing due to the popularity of IoTeX — a platform for decentralized Internet of Things (IoT). Growth is supported by interest in DePIN and recent network updates.
Technically, $IOTX shows bullish momentum. On the 4-hour chart, the 50-day SMA crossed above the 200-day SMA, signaling an uptrend. The RSI (14) at 62 is in the neutral zone with a tilt towards overbought, while the MACD confirms the bullish movement. Key resistance is at $0.0225, a breakout of which could lead to $0.026. Support is at $0.021, below which is $0.020.
Forecast: in the coming days, IOTX may consolidate in the range of $0.021–$0.0225, with a chance to rise to $0.026 by the end of June with volume support. By July 2025, a rise to $0.030 is possible if the ecosystem continues to develop. The long-term outlook for 2026 is $0.040+, provided there is growth in adoption and new partnerships. Fundamentally, $IOTX benefits from the expanding IoT market, valued at $1.5 trillion by 2027, but risks include competition and volatility.
Further prospects? A rise of 6.91% and a price of $0.02196 are close to the resistance at $0.0225. Buying at $0.021 with a target of $0.026 and a stop-loss at $0.0205 seems justified. Information from web sources and posts on X reflect optimism: traders see potential up to $0.036 in the coming months, although this is speculative. Stay tuned for development news!
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