• IOTA trading near $0.087 amid weekly decline. • Technical analysis signals possible rebound from channel support. • Long-term forecasts still point to gradual • IOTA trading near $0.087 amid weekly decline. • Technical analysis signals possible rebound from channel support. • Long-term forecasts still point to gradual

IOTA Poised for Breakout? Analysts Eye Powerful Rally to $0.19

 • IOTA trading near $0.087 amid weekly decline.
• Technical analysis signals possible rebound from channel support.
• Long-term forecasts still point to gradual recovery.

IOTA is currently trading at $0.08728, reflecting a 1.08% decline over the past 24 hours. Market data show daily trading volume at $17.5 million, marking a 12.98% increase compared with the previous session. Despite heightened activity, the token’s weekly performance remains under pressure, with the price down 14.2% over the last seven days.

Source: CoinMarketCap

Recent market movements place IOTA near levels last seen earlier this month, highlighting persistent bearish sentiment across parts of the broader digital asset sector. Analysts note that declining prices have coincided with wider risk-off conditions, even as selective buying interest emerges at perceived support zones.

IOTA Price Tests Key Descending Channel Support

Crypto analyst Bit Amberly noted that IOTA is currently testing the lower boundary of a descending channel formation visible on the daily chart. According to the analysis, this technical structure has guided price movement for several weeks, with the lower boundary acting as a recurring support area.

Despite persistent selling pressure, support at this level has so far remained intact. Amberly suggested that a sustained defense of this zone could open the door for a corrective rebound. 

If buying momentum strengthens, the token could attempt a move toward a series of upside targets, beginning near $0.110 and extending toward $0.125, $0.150, $0.170, and potentially $0.195. However, failure to hold current support may expose IOTA to renewed downside risk, reinforcing the importance of near-term price behavior.

Source: X

Also Read | IOTA’s RealFi Ecosystem Aligns With a16z’s Vision for the Next Blockchain Era

IOTA Price Prediction for 2025

According to DigitalCoinPrice, IOTA could gradually work toward the $0.15 level by the end of 2025, provided broader market conditions improve and network development continues. The outlook suggests that while the token has experienced significant declines from historical highs, it may enter a phase of consolidation followed by steady recovery.

Market observers note that IOTA’s previous all-time high, reached during an earlier market cycle, remains far above current prices, underscoring the scale of the asset’s past volatility. Analysts emphasize that reclaiming higher valuation levels would likely require sustained adoption, technological progress, and improved sentiment across the cryptocurrency sector.

Also Read | IOTA Expands U.S. Market with BitGo Institutional Custody Support

Market Opportunity
MIOTAC Logo
MIOTAC Price(IOTA)
$0.08939
$0.08939$0.08939
-1.19%
USD
MIOTAC (IOTA) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

BlackRock boosts AI and US equity exposure in $185 billion models

BlackRock boosts AI and US equity exposure in $185 billion models

The post BlackRock boosts AI and US equity exposure in $185 billion models appeared on BitcoinEthereumNews.com. BlackRock is steering $185 billion worth of model portfolios deeper into US stocks and artificial intelligence. The decision came this week as the asset manager adjusted its entire model suite, increasing its equity allocation and dumping exposure to international developed markets. The firm now sits 2% overweight on stocks, after money moved between several of its biggest exchange-traded funds. This wasn’t a slow shuffle. Billions flowed across multiple ETFs on Tuesday as BlackRock executed the realignment. The iShares S&P 100 ETF (OEF) alone brought in $3.4 billion, the largest single-day haul in its history. The iShares Core S&P 500 ETF (IVV) collected $2.3 billion, while the iShares US Equity Factor Rotation Active ETF (DYNF) added nearly $2 billion. The rebalancing triggered swift inflows and outflows that realigned investor exposure on the back of performance data and macroeconomic outlooks. BlackRock raises equities on strong US earnings The model updates come as BlackRock backs the rally in American stocks, fueled by strong earnings and optimism around rate cuts. In an investment letter obtained by Bloomberg, the firm said US companies have delivered 11% earnings growth since the third quarter of 2024. Meanwhile, earnings across other developed markets barely touched 2%. That gap helped push the decision to drop international holdings in favor of American ones. Michael Gates, lead portfolio manager for BlackRock’s Target Allocation ETF model portfolio suite, said the US market is the only one showing consistency in sales growth, profit delivery, and revisions in analyst forecasts. “The US equity market continues to stand alone in terms of earnings delivery, sales growth and sustainable trends in analyst estimates and revisions,” Michael wrote. He added that non-US developed markets lagged far behind, especially when it came to sales. This week’s changes reflect that position. The move was made ahead of the Federal…
Share
BitcoinEthereumNews2025/09/18 01:44
SICAK GELİŞME: Binance, Üç Altcoini Vadeli İşlemlerde Listeliyor!

SICAK GELİŞME: Binance, Üç Altcoini Vadeli İşlemlerde Listeliyor!

Kripto para borsası Binance, ZKP, GUA ve IR tokenlerini vadeli işlemler platformunda listeleyeceğini açıkladı. *Yatırım tavsiyesi değildir. Kaynak: Bitcoinsistemi
Share
Coinstats2025/12/21 16:41
USDC Treasury mints 250 million new USDC on Solana

USDC Treasury mints 250 million new USDC on Solana

PANews reported on September 17 that according to Whale Alert , at 23:48 Beijing time, USDC Treasury minted 250 million new USDC (approximately US$250 million) on the Solana blockchain .
Share
PANews2025/09/17 23:51