IOTA (MIOTA) has a very bullish sentiment score, rising and outperforming the crypto market on Tuesday: what’s next?

IOTA (MIOTA) received a very bullish rating from InvestorsObserver on Tuesday. The crypto market is up 6.14% to $ 1.48 while the broader crypto market is down 3.68%.

IOTA has a very bullish sentiment value. Find out what that means for you and get the rest of the rankings on IOTA!

Very bullish

In the past five days, IOTA has received a very bullish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of IOTA in the last five days according to volume and price movement.

The Sentiment Score provides a quick, short-term look at the crypto’s recent performance. This can be useful for both short-term investors looking to ride a rally and longer-term investors looking to buy the dip.

Price levels

IOTA is currently trading at a five-day high. The crypto is 0.18% off its five-day low of $ 1.23.

The IOTA price is currently above the resistance. With support at $ 1.36 and resistance at $ 1.43, IOTA may be in a volatile position if the rally burns out.

IOTA has been trading low volume lately. This means that today’s volume is below the average volume for the last seven days.

What is a coin

A coin is a cryptocurrency that exists on its own blockchain. These are usually used for payments. Depending on the cryptocurrency, the intended use of these payments can vary from general use in the “digital money” subclass to a more specific use in a few other subclasses.

Due to a lack of data, this crypto may be less suitable for some investors.

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