IOTA has proven to be the strongest contender in Altcoin space as it blasts past highs, and leaving NEO and XRP in the dust. Currently, it's facing resistance at the Fibonacci Fan level, so some retracement is likely. Elliott Wave analysis shows we're likely completing Wave 3 of the impulse of a 5-3 Wave. this is the longest and strongest, so we could see more of a push, but some retracement should be expected soon. The massive bull momentum has been confirmed by both Kovach Momentum Indicators and the price has been at or above the upper bound of the Kovach Reversals Indicator for some time now.
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