{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/iota-iotausd-price-might-swing-up-to-0-30000-supply-level\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/iota-iotausd-price-might-swing-up-to-0-30000-supply-level\/","headline":"IOTA (IOTAUSD) Price Might Swing up to $0.30000 Supply Level","name":"IOTA (IOTAUSD) Price Might Swing up to $0.30000 Supply Level","description":"IOTA (IOTAUSD) Price Forecast: December 2Amidst the recent surge in the crypto market, the IOTAUSD pair might swing up to the above-mentioned supply level. However, the crypto has a potential to rise further under the current trend. The coin gave a bullish breakout from the $0.24456 level, suggesting that buyers are making a recovery attempt. […]","datePublished":"2023-12-02","dateModified":"2023-12-02","author":{"@type":"Person","@id":"https:\/\/forexschoolonline.com\/author\/jonfox\/#Person","name":"Johnathon Fox","url":"https:\/\/forexschoolonline.com\/author\/jonfox\/","identifier":1,"description":"Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.","image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Forex School Online","logo":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","width":240,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2023\/12\/IOTA-IMG.png","url":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2023\/12\/IOTA-IMG.png","height":200,"width":200},"url":"https:\/\/forexschoolonline.com\/iota-iotausd-price-might-swing-up-to-0-30000-supply-level\/","about":["Cryptocurrency","Forex Trading Tools","FX Technical Analysis","Technical Analysis","Trade Idea","Trade Setups"],"wordCount":407,"keywords":["IOTA","IOTAUSD","Technical Analysis"],"articleBody":"IOTA (IOTAUSD) Price Forecast: December 2Amidst the recent surge in the crypto market, the IOTAUSD pair might swing up to the above-mentioned supply level. However, the crypto has a potential to rise further under the current trend. The coin gave a bullish breakout from the $0.24456 level, suggesting that buyers are making a recovery attempt. Thus, if the crypto\u2019s price sustains above the $0.29003 high level, the potential rally might swing up to hit the $0.30000 supply level and beyond. Key Levels:Resistance Levels: $0.27000, $0.28000, $0.29000Support Levels: $0.19000, $0.18000, $0.17000IOTA (USD) Long-term Trend: Bullish (Daily Chart)IOTAUSD rebounded after its downward move. The coin is now in the bullish market trend and the price might swing up to reach the upper high level. The market currently shows that the price may now be trading in a new ascending channel.The bulls\u2019 pressure on the crypto market in the past few days has made it regain its upward stability and remains strong above the supply level in recent times.The IOTA coin buyers swing up the price to a $24456 high level above the EMA-50 as a pullback as the daily chart resumes today. This is a result of more concerns from the buy investors.Therefore should the bulls increase their swagger in the market, the price is poised to swing up above the key resistance levels around $0.29003.Also, the momentum indicator which is pointing up indicates that the price of IOTAUSD is in an uptrend and may remain in that direction to hit the $0.30000 supply level and beyond soon in the higher time frame.IOTA (USD) Medium-term Trend: Bullish (4H Chart)The market price of IOTAUSD is currently trading in the bullish market zone. The coin price is trading above the EMA line and might swing up to the overhead resistance level soon.The strong push by the bulls to the $0.23640 supply trend level in the past few days has contributed to its strong bullish trend in its recent high.The bulls made a corrective rally up to a $0.24456 high level above the moving averages shortly after the 4-hour session opened today. This will enable buyers to influence the price tendency.Further, the IOTAUSD price is pointing up indicating an uptrend as shown by the price indicator; it means that the buying pressure will continue. As a result of that, the bullish race might swing up to reach the $0.30000 resistance level in the coming days in its medium-term outlook.Buy Blur on eToro "}