IOTA has maintained support around $ 2.16
However each test has been forming a bearish flag that makes the breaking of the support is only a matter of time.
The following support is just above $ 1.92, however, IOTA could land at an extension of 1.618 in case we are watching an ABC, something like that.
The objective would then be over $ 1.64, which is not only the Fibonacci gold ratio, but there is also a 200-period moving average (EMA). The MACD in oversold land is almost ready for crossing.
Following supports that if the case that falls more would be a delight for the long term.
$ 1.08
$ 0.69
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