IoTeX (IOTX) brought the bull early: 90 percent increase in 10 Days!

2024-02-18 01:30:00

The ever-increasing demand for the Internet of Things (IoT) has pushed IoTeX’i (IOTX) to the top.

The coming to the fore of Internet of Things (IoT) technology has spurred projects active in this field. IoTeX (IOTX), one of the first altcoins that comes to mind when IoT is mentioned, increased by more than 50 percent in just 24 hours. The popular coin, which made an early start to the bull season, has dominated the market with its recent rise. What is the latest situation on the technical side for IOTX, which is at the top of the “Most Most Rising” list?

## It attracted attention with its voluminous rise!

IOTX, which exploded with the reaction it received at $ 0.03966, managed to exceed $ 0.070 in just a week. The IoT coin, which has been exhibiting fluctuating price movements for several weeks, may make a move towards $0.07842 – 0.08502 – 0.09133 – 0.010198 and $0.11101 respectively if the trend continues and closes above $0.070. If the IoT craze continues, these resistance points will be important for IOTX.

If different trends enter the market, BTC closes the week below $ 50,000 or BTC dominance is on the rise, selling pressure may be seen on IOTX. In such a scenario, a pullback to $0.07108 and $0.06429 can be observed first. Afterwards, 0.04892 – 0.03966 – 0.03350 and 0.02789 dollars should be followed as buyer zones, respectively.

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