In this article we are going to review the IOST Coin with the latest price analysis and price predictions for IOST Coin.
This article is completely based upon Technical Analysis and Price Action of IOST Coin
As there are more than 17,000 cryptocurrencies in crypto market with a lot of cryptocurrencies being shady. it might be difficult to decide which crypto is worth buying and can give good profits in medium to long term point of view and most importantly is IOST Coin is one of those crypto which can perform good in market?
So, Let’s Begin
IOST Coin Current Market Overview
According to Coinmarketcap, IOST Coin currently trading at 0.029164 USD and ranks at around #303 with a market cap of $54,21,29,417. Currently IOST Coin is up 0.50% in last 24 hour with a volume of $4,70,50,033. the circulating supply of 18,58,87,45,668 coins and maximum supply of 90,00,00,00,000 coins.
IOST Coin is available on top crypto exchanges in the world such as kraken, binance, ftx, kucoin and Okex
IOST Coin Price and Technical Analysis
As Shown In the 1 Day chart Above, Actually IOST Coin is not Actually following any Pattern But We do have strong Support of trend line. The Price Action Looks good for the long term and currently IOST Coin is trading at 0.2920$ and The Support level is Holding at around 0.271 – 0.272$. The second strong support is at 0.2129 – 0.2211$.
While, the resistance levels are currently at 0.3782$ and Second Resistance is at 0.519$ according to 1D Chart.
IOST Coin Support Levels & Resistance Levels
Support Levels : Currently, the support levels for IOST Coin at around $0.271 , The second Support levels for IOST Coin are at around 0.2129 ,
Resistance Levels : Currently, the resistance levels for IOST Coin at around 0.3782$ , The second resistance levels for IOST Coin are at around 0.519$,
Technical Indicators – 100 Day and 200 Day Moving Average – Stoch RSI
Stoch RSI (Relative Strength Index) – Bullish
RSI (Relative Strength Index) is a technical indicator Which shows that whether A Coin is Overbought or Oversold at a particular period of time. IOST Coin is currently showing its RSI value at 16.97, Which indicates that the market is over sold and a reversal in Price is probable. RSI value Above 50 is considered bullish until RSI crosses 70, which indicates overbought, which usually indicates a correction in price.
100 Day Moving Average – Bullish
100D Moving Average : As shown in the chart, The 100D moving average is currently below the price level indicating bullish movement as Moving average work as support when the price is above the moving average and vice versa.
200 Day Moving Average – Short term Bearish
200D Moving Average : 200D moving average is one of the important indicator for long term trend analysis of any cryptocurrency which in IOST Coin seems to be short term Bearish which is common. And Long term remains bullish.
Overall Chart Summary
Stoch RSI (Relative Strength Index) – Bullish
100 Day Moving Average – Bullish
200 Day Moving Average – Short term Bearish, Long term bullish
IOST Coin Price prediction for 2022
As per the bullish market conditions, IOST Coin can easily target the price levels of 0.3782$ in 2022 , with upcoming developments and partnerships, IOST Coin can Show parabolic upward, With a Small Retracement Without major Correction in Price Eventually Leading it to break previous Major Resistance. Overall, IOST Coin Price target of 0.3782$ is quite Optimistic yet feasible for the near future as well.
IOST Coin Price prediction for 2023
If the bullish Market trend Continues, IOST Coin can ever go higher reaching the price targets of 0.519$. While the future developments and partnerships could lead IOST Coin price to Skyrocket. Before that, it has to break Previous Major Psychological Resistance.
IOST Coin Price prediction for 2024
The most current enhancements and advancements made to the platform, as well as IOST Coin price estimations and new project forecasts, are all considered. Furthermore, the price of IOST Coin on the cryptocurrency market may climb as a result of this, making it an excellent investment because the price might grow to about 0.07$.
IOST Coin Price prediction for 2025
In the following four years, IOST Coin Price Might exceed its previous all time high. IOST Coin may face difficulties in reaching this level unless alternative medium-, short-, and long-term price objectives for purchase or sell orders can be created. The estimate indicates that IOST Coin has a fair probability of achieving a new ATH in the next five years.
Important Note
It’s very important to understand that Bitcoin and overall market sentiments and trends determine the price movement of most cryptocurrencies and altcoins in the market. The price prediction for IOST Coin in this article is based on the assumption that the Bitcoin price and the overall market will grow positively in the future. If Bitcoin and the overall crypto market go down, IOST Coin will probably also follow the market trend. However, the fundamentals do look great for IOST Coin
Disclaimer
This material is primarily for the aim of educating the reader. It does not constitute a formal offer to buy or sell anything, nor does it constitute a recommendation or endorsement of any specific products, services, or enterprises. Cryptonks.com does not provide any financial, legal, or accounting advice to its visitors. Neither the firm nor the author shall be liable for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in this post, whether directly or indirectly, whether in contract or tort (including negligence). Viewers should perform their own research before making any type of investment in a cryptocurrency.
