IOTA Price Forecast: IOT/USD rise hampered by the SMA 20 curve

IOT/USD bulls managed to break the $0.23 price barrier.
The SMA 20 curve acts as immediate market resistance.
The Elliott Oscillator has had a green session, following 11 straight red sessions.

Rajarshi Mitra Independent Analyst

IOT/USD daily chart

IOT/USD jumps from $0.217 to $0.231 as the bulls took charge broke past the $0.22 and $0.23 psychological levels. The MACD shows decreasing bearish market momentum, while the Elliott Oscillator has had a green session after 11 straight red sessions.

Support and Resistance

The SMA 20 curve acts as immediate market resistance. Up ahead, strong resistance levels lie at $0.24 and $0.25. On the downside, healthy support levels lie at $0.225, $0.217, SMA 50 and SMA 200.

Key levels

IOT/USD

Overview
Today last price	0.2309
Today Daily Change	0.01356
Today Daily Change %	6.24
Today daily open	0.21734

Trends
Daily SMA20	0.23176
Daily SMA50	0.21086
Daily SMA100	0.18184
Daily SMA200	0.20383

Levels
Previous Daily High	0.22147
Previous Daily Low	0.21652
Previous Weekly High	0.23036
Previous Weekly Low	0.20317
Previous Monthly High	0.24165
Previous Monthly Low	0.16622
Daily Fibonacci 38.2%	0.21958
Daily Fibonacci 61.8%	0.21841
Daily Pivot Point S1	0.21542
Daily Pivot Point S2	0.21349
Daily Pivot Point S3	0.21047
Daily Pivot Point R1	0.22037
Daily Pivot Point R2	0.22339
Daily Pivot Point R3	0.22532

Author

Rajarshi Mitra

Independent Analyst

Rajarshi entered the blockchain space in 2016. He is a blockchain researcher who has worked for Blockgeeks and has done research work for several ICOs. He gets regularly invited to give talks on the blockchain technology and cryptocurrencies.

Starknet unveils strkBTC, shielded Bitcoin transactions on Ethereum Layer 2

Starknet, the Ethereum Layer 2 network developed by StarkWare, today announced strkBTC, a wrapped Bitcoin asset that introduces optional shielding while preserving full DeFi composability.

Bitcoin, Ethereum, and Ripple consolidate with short-term cautious bullish bias

Bitcoin, Ethereum and Ripple are consolidating near key technical areas on Friday, showing mild signs of stabilization after recent volatility. BTC holds above $67,000 despite mild losses so far this week, while ETH hovers around $2,000 after a rejection near its upper consolidation boundary.

Ethereum Price Forecast: FG Nexus continues distribution amid signs of returning risk-on sentiment

FG Nexus, once dubbed an Ethereum treasury firm, resumed offloading the top altcoin on Wednesday, distributing 7,550 ETH, according to data from smart money tracker EmberCN.

Top Crypto Gainers: Stable and Decred rally, Pippin approaches record highs

Altcoins, such as Stable, Decred, and Pippin, are extending gains so far this week, defying the risk-averse conditions in the broader cryptocurrency market. Stable and Pippin are near record high levels, while Decred extends its breakout rally above $30.

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

Bitcoin: Another month of losses, and it’s been five

Bitcoin (BTC) price is stabilizing around $68,000 at the time of writing on Friday, but the Crypto King is poised to close February on a fragile footing, marking its fifth consecutive month of losses since October and a rare start to the year with back-to-back monthly corrections.

IOTA Price Forecast: IOT/USD rise hampered by the SMA 20 curve