IOTA is currently witnessing profit-booking and it may drop to the first support at the 38.2% Fibonacci retracement level.
A strong rebound off this level will suggest that traders are buying on minor dips.
The bulls will then make one more attempt to push the price above $2.00 If they succeed, the pair could pick up momentum and rally toward $2.32 and then $2.63
A strong rebound off this level will suggest that traders are buying on minor dips.
The bulls will then make one more attempt to push the price above $2.00 If they succeed, the pair could pick up momentum and rally toward $2.32 and then $2.63