IOTA Technical Analysis - Important Fundamental Updates Paint Bullish Picture
The permissionless and open-source DLT lost its 17th place in the capitalisation benchmark, being outperformed by ChainLink a couple of weeks ago. However, IOTA Market Cap increased over $10M during the first few days of July. The cryptocurrency capitalisation went from $1.08B by the end of June to $1.10B in July. Volume has remained without significant variations.
On July 2nd, IOTA Foundation released the long-awaited Trinity Wallet. In addition, the Senior Research Scientist at IOTA, Dr. Luigi Vigneri already announced that the team is working on a new algorithm to “deal with network congestion and prevent spam attacks in the Tangle”.
On the technical panorama, IOTAUSD keeps maintaining its triangle formation. Nonetheless, what calls the most attention is a rejection of the 0.3600 support level. Price action has made multiple rejections of the current level (the 20th of June being the last of them). If price bounces strongly from the grey psychological level and broke the descending channel (highlighted in red), then we can see some interesting moves in the pair.
The first scenario contemplates another leg a new leg to the upside from the current level. If bulls manage to break the $0.3900-0.4100 zone, the next target will be the $0.4700 supply zone. If a significant "Altcoin season" starts, then IOTAUSD could easily reach the previous high at $0.56. On the contrary, the bearish scenario considers a rupture of the 0.3600 level. In that case, bears could push the price to the $0.2969 demand zone.
It is important that traders keep a close eye on weekly and daily closure. Last week candle closed as Doji, just above the yellow zone. If this week candle closes bullish, this could be a great sign for a long entry.
Continue reading by joining Cryptonary Pro
$997/year
Get everything you need to actively manage your portfolio and stay ahead. Ideal for investors seeking regular guidance and access to tools that help make informed decisions.
For your security, all orders are processed on a secured server.
As a Cryptonary Pro subscriber, you also get:
3X Value Guarantee - If cumulative documented upside does not reach 300% during your 12-month membership, you can request a full refund.
24/7 access to experts with 50+ years’ experience
All of our top token picks for 2025
On hand technical analysis on any token of your choice
Weekly livestreams & ask us anything with the team
Daily insights on Macro, Mechanics, and On-chain
Curated list of top upcoming airdrops (free money)
3X Value Guarantee
If cumulative documented upside does not reach 300% during your 12-month membership, you can request a full refund.
Our track record speaks for itself
With over 2.4M tokens and widespread misinformation in crypto, we cut through the noise and consistently find winning assets.
Our track record speaks for itself
With over 2.4M tokens and widespread misinformation in crypto, we cut
through the noise and consistently find winning assets.
Frequently Asked Questions
Can I trust Cryptonary's calls?
Yes. We've consistently identified winners across multiple cycles. Bitcoin under $1,000, Ethereum under $70, Solana under $10, WIF from $0.003 to $5, PopCat from $0.004 to $2, SPX blasting past $1.70, and our latest pick has already 200X'd since June 2025. Everything is timestamped and public record.
Do I need to be an experienced trader or investor to benefit?
No. When we founded Cryptonary in 2017 the market was new to everyone. We intentionally created content that was easy to understand and actionable. That foundational principle is the crux of Cryptonary. Taking complex ideas and opportunities and presenting them in a way a 10 year old could understand.
What makes Cryptonary different from free crypto content on YouTube or Twitter?
Signal vs noise. We filter out 99.9% of garbage projects, provide data backed analysis, and have a proven track record of finding winners. Not to mention since Cryptonary's inception in 2017 we have never taken investment, sponsorship or partnership. Compare this to pretty much everyone else, no track record, and a long list of partnerships that cloud judgements.
Why is there no trial or refund policy?
We share highly sensitive, time-critical research. Once it's out, it can't be "returned." That's why membership is annual only. Crypto success takes time and commitment. If someone is not willing to invest 12 months into their future, there is no place for them at Cryptonary.
Do I get direct access to the Cryptonary team?
Yes. You will have 24/7 to the team that bought you BTC at $1,000, ETH at $70, and SOL at $10. Through our community chats, live Q&As, and member only channels, you can ask questions and interact directly with the team. Our team has over 50 years of combined experience which you can tap into every single day.
How often is content updated?
Daily. We provide real-time updates, weekly reports, emergency alerts, and live Q&As when the markets move fast. In crypto, the market moves fast, in Cryptonary, we move faster.
How does the 3X Value Guarantee work?
We stand behind the value of our research. If the documented upside from our published research during your 12-month membership does not exceed three times (3X) the annual subscription cost, you can request a full refund. Historical context: In every completed market cycle since 2017, cumulative documented upside has exceeded 10X this threshold.
Recommended from Cryptonary
