IOTA Continuing the Rally
IOTA has performed outstandingly the past three weeks, in which we saw price rise as much as 1000% from its monthly low of $0.35 against the USD. The price explosion has come on the news of a major agreement being signed with Microsoft, Fujitsu, and others for business-to-business data sharing. Since yesterday price has been in a pullback from its all time high of $5.50 to as low as $3. Now price has pushed above $4 potentially breaking the short term pullback and continuing the rally. It's hard to place a target price for IOTA, as Bitcoin itself continues to soar. Nevertheless, look for price to rise above $4.5 and its all time high of $5.5 respectively as a conformation for the continued rally. Analysis video coming soon, for now check out our technical chart.
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Nice analysis. Thanks.
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