Log in

Save 35% ($551) & Get a Free 1-1 Call with our Team ⏰ : 0d 2h 59m 44s

Home
Research
Analysis
Community
  1. Cryptonary
  2. Archived Posts
  3. IOTA Technical Analysis - Price Steadies, But Fundamentals Remain Strong
News

IOTA Technical Analysis - Price Steadies, But Fundamentals Remain Strong

Updated: Jul 25, 2024
Published: Jun 21, 2019
0
Share:

Ranked 17th by market capitalisation, IOTA is a project that keeps adding supporters. “Enabling the true Internet-of-Things through the Machine Economy” is IOTA’s most powerful slogan. The permissionless and open-source DLT is tackling microtransactions and data integrity, and overall, they have done quite a good job applying its scheduled roadmap.

Post Feature Image

Last month, IOTA ensured full decentralisation by removing the well-known “Coordinator”. The latest solution had an impact on IOTA's adoption, with effects on transaction costs and scalability. The market is slowly realising the intrinsic value of IOTA’s tech. This is certainly not the first or the last milestone improvement that the team will release and bulls are aware of it.

The project keeps being an outstanding investment with its current price being $0.4357 and an all-time high $5.69.  IOTA’s volume has been increasing gradually since the end of May, with volume edging from $20.4M to $43.8M in the last month.

Analysing daily price action, an uptrend can be identified since May 17th.  Bulls have rejected the $0.37490- $0.3970 level several times, with many wicks showing a clear rejection of the area.  If the bullish pattern continues to be met, then we can see IOTAUSD reaching $0.5673 once again (blue zone). The last time price reached the area was the 30th of May. In less than 22 days, the price surged more than 113%, becoming one of the biggest and fastest gains in the crypto space this year.

aligncenter wp-image-2227 size-large

Breaking down the 4H chart, it is clear that price action is now rejecting the $0.4041 level.  The last 4H candle is showing the entrance of the bulls in the zone named before. Taking as a baseline the charts presented in this article, two scenarios are possible. As price is now spiking from the $0.4050 ascending band (demand level), the next possible targets will be $0.4615 and $0.5692 respectively. If the key support is broken, then bears will push the price back to $0.3743 approximately.

Continue reading by joining Cryptonary Pro

Save 35%

$1,548 $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.

VisaCardImageMsCardImageCoinbaseCardImageSolanaCardImage

For your security, all orders are processed on a secured server.

As a Cryptonary Pro subscriber, you also get:

  • 24/7 access to experts with 50+ years’ experience Terms

  • 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)

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.

  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
/images/advertorial/corpcomm1.webp
/images/advertorial/corpcomm2.webp
/images/advertorial/corpcomm3.webp
/images/advertorial/corpcomm4.webp
/images/advertorial/corpcomm5.webp
/images/advertorial/corpcomm6.webp
/images/advertorial/corpcomm1.webp
/images/advertorial/corpcomm2.webp
/images/advertorial/corpcomm3.webp
/images/advertorial/corpcomm4.webp
/images/advertorial/corpcomm5.webp
/images/advertorial/corpcomm6.webp
/images/advertorial/corpcomm1.webp
/images/advertorial/corpcomm2.webp
/images/advertorial/corpcomm3.webp
/images/advertorial/corpcomm4.webp
/images/advertorial/corpcomm5.webp
/images/advertorial/corpcomm6.webp

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.

Recommended from Cryptonary
Over $750m Was Stolen in 2026: WTF is Going On With DeFi?
Research Report
Over $750m Was Stolen in 2026: WTF ...Nearly $600m has been stolen from DeFi in the last 18 days and over $750m in 2026. Drift was hit on ...
14 min read
Apr 22, 2026
BTC, ETH and More: Bitcoin Maintains Strength
PRO
Market Direction
BTC, ETH and More: Bitcoin Maintain...The market remains tilted toward upside, but recent price action is sending a clear message: strengt...
11 min read
Apr 21, 2026
Market Update: Bitcoin Eyes Key Catalysts
PRO
Market Updates
Market Update: Bitcoin Eyes Key Cat...A volatile macro backdrop continues to dominate crypto markets, with shifting signals from U.S.–Iran...
7 min read
Apr 20, 2026
Market Update: US-Iran Deadlock and Key Risks
PRO
Market Updates
Market Update: US-Iran Deadlock and...This week brings several key developments for markets, with renewed focus on US-Iran tensions, the F...
8 min read
Apr 27, 2026
BTC, ETH and More: Market Hits a Major Decision Zone
PRO
Market Direction
BTC, ETH and More: Market Hits a Ma...Bitcoin has finally tapped the $79,140 liquidity target, but the real question now is whether this b...
12 min read
Apr 24, 2026
Market Update: Bitcoin Approaches Key Resistance as US-Iran Tensions Drag On
PRO
Market Updates
Market Update: Bitcoin Approaches K...The geopolitical backdrop remains tense, but markets are not breaking. As the US-Iran deadlock drags...
9 min read
Apr 23, 2026
Over $750m Was Stolen in 2026: WTF is Going On With DeFi?
Research Report
Over $750m Was Stolen in 2026: WTF ...Nearly $600m has been stolen from DeFi in the last 18 days and over $750m in 2026. Drift was hit on ...
14 min read
Apr 22, 2026
BTC, ETH and More: Bitcoin Maintains Strength
PRO
Market Direction
BTC, ETH and More: Bitcoin Maintain...The market remains tilted toward upside, but recent price action is sending a clear message: strengt...
11 min read
Apr 21, 2026
Market Update: Bitcoin Eyes Key Catalysts
PRO
Market Updates
Market Update: Bitcoin Eyes Key Cat...A volatile macro backdrop continues to dominate crypto markets, with shifting signals from U.S.–Iran...
7 min read
Apr 20, 2026
Market Update: US-Iran Deadlock and Key Risks
PRO
Market Updates
Market Update: US-Iran Deadlock and...This week brings several key developments for markets, with renewed focus on US-Iran tensions, the F...
8 min read
Apr 27, 2026
BTC, ETH and More: Market Hits a Major Decision Zone
PRO
Market Direction
BTC, ETH and More: Market Hits a Ma...Bitcoin has finally tapped the $79,140 liquidity target, but the real question now is whether this b...
12 min read
Apr 24, 2026
Market Update: Bitcoin Approaches Key Resistance as US-Iran Tensions Drag On
PRO
Market Updates
Market Update: Bitcoin Approaches K...The geopolitical backdrop remains tense, but markets are not breaking. As the US-Iran deadlock drags...
9 min read
Apr 23, 2026
Over $750m Was Stolen in 2026: WTF is Going On With DeFi?
Research Report
Over $750m Was Stolen in 2026: WTF ...Nearly $600m has been stolen from DeFi in the last 18 days and over $750m in 2026. Drift was hit on ...
14 min read
Apr 22, 2026
BTC, ETH and More: Bitcoin Maintains Strength
PRO
Market Direction
BTC, ETH and More: Bitcoin Maintain...The market remains tilted toward upside, but recent price action is sending a clear message: strengt...
11 min read
Apr 21, 2026
Market Update: Bitcoin Eyes Key Catalysts
PRO
Market Updates
Market Update: Bitcoin Eyes Key Cat...A volatile macro backdrop continues to dominate crypto markets, with shifting signals from U.S.–Iran...
7 min read
Apr 20, 2026
Research
Top PicksDeep DivesPassive IncomeAirdrop ReportsMemecoins
Analysis
Market UpdatesMarket DirectionMarket PulseLivestreams
Tools
Market DirectionAssets & PicksAirdropsPortfolio Tracker
Cryptonary
Affiliate programEducationPrivacy PolicyTerms & ConditionsContact UsWrite for usTeam
Stay connected
Disclaimer: The information provided on this website is for educational and informational purposes only and does not constitute financial, investment, legal, or tax advice. Cryptonary is not a licensed financial advisor. All content is shared without any guarantee of accuracy or completeness. You are solely responsible for your investment decisions. Always do your own research and consult with a licensed professional before making financial choices. Past performance is not indicative of future results.

×
popupimage
Our Latest Utility Token Research ReportPreviously locked for Pro members, now available to read in full.
  • tickThe utility token we're tracking closely
  • tickWhy we believe it's still early in the cycle
  • tickWhat we're watching to confirm a structural shift
​
Germany

No spam. No hype. Just the research.