This is my take on IOTA, another OG project that everyone loves to hate but it's recent price action has shown that someone is very interested in it; if it's not retail, it is likely institutions. Like XLM, ALGO and XRP, it has a beautiful chart showing a long-term accumulation pattern. Price targets are hard to predict at this stage because we are still in wave 1 of the expected breakout of the long ABC that has formed. The wave count in blue is purely for speculative entertainment only!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.