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Weekly forecast IoTeX technical chart
Symbol IOTXUSD

Trading suggestion:

  • By appearing primary signs of entering the market, new entry zone and short-term targets would be published.
DateJuly 17, 2022 - 15:35
Currentdowntrend
Forecastcontinuation of downtrend

Midterm forecast:

  • 0.06265 is a major resistance, while this level is not broken, the Midterm wave will be downtrend.

Technical analysis:

  • While the RSI uptrend #1 is not broken, bullish wave in price would continue.
  • A trough is formed in daily chart at 0.02505 on 07/13/2022, so more gains to resistance(s) 0.03245, 0.04400 and maximum to Major Resistance (0.06265) is expected.
  • Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
  • Relative strength index (RSI) is 51.
Symbol Released Current Forecast
IoTeX (IOTXUSD) Sat, 13 Apr 2024
IoTeX (IOTXUSD) Sat, 6 Apr 2024
IoTeX (IOTXUSD) Sun, 31 Mar 2024
IoTeX (IOTXUSD) Sat, 23 Mar 2024
IoTeX (IOTXUSD) Sun, 10 Mar 2024
History
Daily-Trading-Opportunities on IOTXUSD.