IOTA Could Be Heading Lower

24 thg 11, 2017IOTA has fallen more than 30% this week, from this week high of $0.98 to the week low of $0.67. IOTA's big dip this week is mainly due to investors and traders jumping into hotter cryptos: ethereum, ethereum classic, bitcoin and of course bitcoin cash. Nevertheless, I expect buyers to jump back in soon potentially pulling the price back above $0.75 in the short term. However, my technical analysis indicates that their is still a massive room for IOTA to fall in the coming months a head. So beware and cautious on this crypto!