One of so many coins that have billions of supply but still on top 20 of coinmarketcap like a boss. It's doesn't really surprise me because this coin basically has a great fundamental. Having an ambitious goals towards internet-of-things and sharing economy, IOTA showing that they do the work looks really professional.
Here is my analysis on IOTA:
1. As you can see right now, we're quite holding on support @ 9201 sats, but i don't really think it's good enough. So by any means I expect to drop more than 40% below from the current price. and then i will get a confidence entry to hold.
2. I think it's a good support around @ 8k-9k sats, ONLY IF, there is no turbulence happening towards Bitcoin price which causing it's price downward. Yes, it will drag majority coin's price and there is nothing special with IOTA.
3. IOTA is good for leverage trader, because it's quite predictable and less volatility.
4. There is no surprise if I and many others hoping 2019 is a good for crypto environment. So, I hope that will affect IOTA too.
Here is my analysis on IOTA:
1. As you can see right now, we're quite holding on support @ 9201 sats, but i don't really think it's good enough. So by any means I expect to drop more than 40% below from the current price. and then i will get a confidence entry to hold.
2. I think it's a good support around @ 8k-9k sats, ONLY IF, there is no turbulence happening towards Bitcoin price which causing it's price downward. Yes, it will drag majority coin's price and there is nothing special with IOTA.
3. IOTA is good for leverage trader, because it's quite predictable and less volatility.
4. There is no surprise if I and many others hoping 2019 is a good for crypto environment. So, I hope that will affect IOTA too.