IOTA is on the rise again and in the next few days it could surge to the 1.8 and 2.5$ zones. But if it loses 1.4$ zone then it will fall back to 1.2$ or even 0.9$ zone

🔴Buy : 1.47-1.53$ 🔴Buy : 1.37-1.43$. SL if B 🔴Buy : 1.76-1.84$ if A. SL if B
🔴Sell : 1.76-1.84$. SL if A 🔴Sell : 2.44-2.56$. SL if A
🔵Sell : 1.37-1.43$ if B. SL if A 🔵Buy : 1.17-1.23$. SL if B 🔵Buy : 0.88-0.92$. SL if B
📈Red Arrow : Main Direction as BUY & SELL section 📉Blue Arrow : Back-Up Direction as BACK-UP section 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section 🅰️A : The Close price of 1-day candlestick is Above the zone 🅱️B : The Close price of 1-day candlestick is Below the zone

  • IOTA is a permissionless distributed ledger "for a new economy". IOTA was conceptualized in 2015 and officially released in June 2017.
  • It targets the Internet of Things, through the use of an open-source distributed ledger. IOTA aims at supporting the growth of a machine economy by enabling "fee-less machine-to-machine payments", offering greater scalability than blockchain networks.
  • IOTA relies on the Tangle, which is a Directed Acyclic Graph (DAG). Unlike blockchains, DAGs do not rely on blocks, miners, nor a concept of a chain. Instead, a DAG is a network of transactions that are linked to each other in a tree-shape network.
  • According to the team, core features include: improved scalability (network activity is negatively correlated with settlement times), low resource requirements, zero-fee transactions, secure data transfers (through encryption), the addition of offline transactions, and quantum immunity.