IOTA: Cloud mining shift and weak support led to 7.88% drop in price prediction

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IOTA drops 7.88% today to $0.145

Highlights

IOTA (IOTA) trades at $0.145 after dropping 7.88% daily, remaining below MA-20 ($0.1722), MA-50 ($0.1827), and MA-200 ($0.1897), confirming a sustained bearish trend.
Heightened cryptocurrency market volatility drives investors toward stable income options like IOTA Miner, increasing selling pressure and reinforcing negative sentiment in the asset.
Technical indicators including the MACD, RSI at 47, and CCI at -50 signal further downside, with IOTA likely to trade sideways in the $0.1408–$0.1433 range unless $0.1524 resistance is decisively broken.

Investor retreat to stability amid market-wide volatility and outflows

The cryptocurrency market has faced sharp declines and heightened volatility, which has led to a pronounced shift among investors toward more stable income options. For IOTA, these broader market dynamics are contributing to ongoing selling pressure as participants turn to alternatives like cloud mining through platforms such as IOTA Miner. This trend is amplified by persistent uncertainty affecting the entire digital asset space.

Dominant bearish momentum as support and resistance limits are tested

Technically, IOTA remains deeply submerged below key moving averages, confirming prevailing bearish momentum in short, medium, and long-term trends. Dynamic support lies at the Ichimoku Kijun near $0.1524, with resistance likely at the MA-20 or the round number of $0.1600. Momentum indicators send mixed signals: while the ADX shows strong trend activity and the Awesome Oscillator leans bearish, the MACD, RSI at 47, and CCI at -50 all point to continued downside. Stoch RSI remains in a neutral range, but shorter-term intraday readings like BBP reinforce the dominance of sellers.

Further declines favored as tight range and bearish control persist

Looking ahead, IOTA is expected to trade mostly sideways in the $0.1408–$0.1433 range, with the probability of an upward breakout remaining below 20%. Bears continue to exert control and further declines are the base-case scenario unless there is a decisive break above $0.1524 to challenge the MA-20. If support at $0.1408 is breached, a deeper selloff could follow. Short-term momentum and weekly technical signals continue to favor the sellers.

Anton Kharitonov, expert at Traders Union, sees IOTA locked firmly in a bearish regime, with all major technical signals and moving averages substantiating ongoing downside risk. He believes the recent market turbulence, combined with persistent investor defensiveness and a lack of bullish momentum, leaves little ground for optimism in the near term. The analyst notes that unless IOTA reclaims and sustains levels above the $0.1524 resistance, the path of least resistance remains to the downside. "Base case remains more weakness — unless we see a convincing break above $0.1524, I’m staying out of longs here."

Source of Data: IOTA Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.