- Bullish IOST price prediction ranges from $0.016 to $0.048.
- IOST price might also reach $0.05 this 2022.
- IOST’s bearish market price prediction for 2022 is $0.005.
IOST is an open-sourced platform that is built for developers. It has its blockchain, and its native token is denoted with IOST.
IOST investors are bullish on the token since it has had a return on investment (ROI) of over 670% in the past three years. The crypto bubble on December 2017 and January 2018 led to the surge in the price of IOST. The present all-time high (ATH) price of IOST is $0.1365, attained in January 2018. The recent bubbles in the crypto space have not affected the price of IOST. Irrespective of the current crypto winter, which led to a dip in the price of most cryptocurrencies, IOST investors are confident that the future of IOST is bullish.
If you are interested in the future of IOST (IOST) and want to know the price analysis and prediction of IOST for 2022, 2023, 2024, 2025, 2026, and up to 2030, keep reading this Coin Edition article.
What is IOST (IOST)?
IOST is an open-sourced blockchain that is built for developers. Its native token is IOST and is used to pay transaction fees within the blockchain. IOST was launched in January 2018 during the crypto bubble, which led to much attention to the cryptocurrency space by the mainstream media. It was founded by Jimmy Zhong, Sa Wang, Justin Li, Kevin Tan, Terrence Wang and Ray Xiao.
Unlike the Ethereum blockchain, which is faced with scalability challenges, the IOST blockchain can process about 8000 transactions per second (TPS). The block time of the IOST blockchain is 0.5. Users who stake IOST can enjoy affordable free resources.
The IOST Foundation manages the IOST ecosystem. IOST is built with JavaScript programming language and uses the Proof-of-Believability (PoB) consensus mechanism to secure its network. Some other blockchain architectures adopted on IOST blockchain include Atomix, TransEpoch, and Micro State Blocks.
IOST (IOST) Current Market Status
The maximum supply of IOST (IOST) is 90 billion IOST, while its circulating supply is 18.59 billion IOST, according to CoinMarketCap. At the time of writing, IOST is trading for $0.012, representing 24 hours increase of 1.54%. The trading volume of IOST in the past 24 hours is $11.25 million, representing a 33.99% decrease.
Some top cryptocurrency exchanges for trading IOST (IOST) are Binance, Kucoin, Huobi Global, Gate.io, Mexc and others.
Now that you know what IOST is and its current market status, we shall discuss the price analysis of IOST (IOST) for 2022.
IOST (IOST) Price Analysis 2022
Currently, IOST is ranked in the 127th position on CoinMarketCap. Will developments and upgrades within the IOST community lead to rising in the price of IOST (IOST)? We shall see in this Coin Edition price analysis 2022 article.
IOST (IOST) Price Analysis – Keltner Channel
Keltner Channel is a technical analysis indicator used to determine trend directions by measuring the volatility above or below the candlesticks. From the Keltner Channel signals for IOST (IOST), it could be seen that the present bullish run could continue since the recent candlesticks are within the first half of the chart from the bottom. Also, since the last candlestick is bullish, the present increase in the price of IOST might be sustained before any reversal would be expected.
IOST (IOST) Price Analysis – Relative Strength Index
The Relative Strength Index (RSI) is a technical analysis indicator that measures the relative momentum in the magnitude and speed of recent price changes of an asset to deduce if it is an oversold or overbought asset. The RSI value of IOST (IOST) 1day chart of IOST/USDT is at 40.54. This shows that IOST is showing a neutral trend between 30 and 50. This value could trigger a further bullish run if more buyers could be attracted to gain from the expected price increase to the 50 RSI value, which is the strong trend region, before any price correction soon.
IOST (IOST) Price Analysis – Moving Averages
The chart above shows the 1Day chart of IOST 200-day and 100-day Moving Average (MA). Presently, IOST is on a bullish trend, as indicated in the recent uptrend. Since the 200-MA is above the 100-MA, we can deduce that the price is bullish for long-term hodlers.
Also, since the gap between the moving averages is wide and above the recently formed candlesticks, the price of IOST (IOST) might experience a significant rise or fall in the future.
IOST (IOST) Price Prediction 2022
Looking at the daily chart of IOST/USDT, the IOST price was swinging from $0.022 resistance2 to $0.016 resistance1 after touching the support level at $0.01. It reversed from the support level of $0.01 and now going sideways in the market and is expected to be bullish in the coming weeks.
Meanwhile, our long-term IOST price prediction for 2022 is bullish since it cannot break the present support level soon. We can expect IOST to reach $0.05 in 2022.
IOST (IOST) Price Prediction – Resistance and Support Levels
This bullish chart shows that the price of IOST has decreased by 9.6% in the past 30 days. If this price decrease reverses, IOST could break the $0.016 resistance1 level and move higher to $0.048 at the resistance7 level and even higher, the bullish signal for 2022.
However, if sellers have their way, the price of IOST might be dethroned from its present uptrend position. In simpler terms, IOST might trend below the $0.005 support level and even lower in 2022, a bearish signal.
IOST (IOST) Price Prediction 2023
If the value of the relative strength index (RSI) of IOST is at least 52 by the end of 2022, the bulls and investors are in change. This could spill over into the first half of 2023, which could make the price of IOST (IOST) trade around $0.1 by the end of 2023.
IOST (IOST) Price Prediction 2024
The positive sentiment that comes with the news of Bitcoin halving could directly impact the price of IOST. Since 2024 is a year of Bitcoin halving, and most cryptocurrencies respond in the same trend as Bitcoin, we could see the price of IOST trade at $0.2 by the end of 2024.
IOST (IOST) Price Prediction 2025
By the end of 2025, the price of IOST (IOST) could rise to $0.4. This is because of the price surge a year after Bitcoin halved. Also, more developments will be introduced into the IOST platform since its ability to carry out large transactions at an ultra-speed attracts more developers to build on it.
IOST (IOST) Price Prediction 2026
With the number of IOST hodlers on the increase and the growing sentiment about cryptocurrencies, IOST has the possibility of holding most of its recent gains and consolidating. Hence, the price of IOST could trade around $0.8 by the end of 2026 due to the bear market that serves as a market correction after a strong bullish run.
IOST (IOST) Price Prediction 2027
By the end of 2026, most investors will be preparing for a possible trend reversal in the direction of the bulls. This is due to the possibility that the market has attained its minimum support level. The price of IOST could surge to $1.6 by the end of 2027.
IOST (IOST) Price Prediction 2028
In 2028, there will be Bitcoin halving. Hence, the consolidating market in 2027 could be followed by a bullish run. This is due to the impact of news surrounding any year of Bitcoin halving. Therefore, the market could attain a higher high-value IOST (IOST) could hit $3.2 by the end of 2028.
IOST (IOST) Price Prediction 2029
By 2029, there could be much stability in the price of most cryptocurrencies that had stayed for over a decade. This is due to implementing some lessons learnt to ensure their investors retain the project’s confidence. This impact, coupled with the price surge that follows a year after Bitcoin (BTC) halving, could surge the price of IOST to $6.4 by the end of 2029.
IOST (IOST) Price Prediction 2030
The cryptocurrency market experiences high stability as a result of the hodling activities of early investors so as not to lose future gains in the price of their assets. We could expect the price of IOST (IOST) to trade around $10 by the end of 2030, irrespective of the previously bearish market that followed a market surge in the earlier years.
Conclusion
As said above, IOST might reach $0.05 in 2022 and $10 by 2030 if investors have decided that IOST is a good investment, along with mainstream cryptocurrencies like Bitcoin and Ethereum.
FAQ
IOST is an open-sourced blockchain that is built for developers. Its native token is IOST and is used to pay transaction fees within the blockchain. IOST was launched in January 2018 during the crypto bubble, which led to much attention to the cryptocurrency space by the mainstream media.
Like other cryptocurrencies, IOST (IOST) can be traded in cryptocurrency exchanges like Binance, Huobi Global, Kucoin, Gate.io, and others.
IOST has a low possibility of surpassing its present all-time high (ATH) price of $0.1365 in 2022. However, due to the positive sentiments of its investors, this could be reached by 2024.
IOST is one of the few cryptocurrencies that has retained its bullish momentum in the past three years. If this momentum is maintained, IOST might reach $0.05 soon after its breaks the $0.048 psychological resistance.
IOST has been one of the most suitable investments in the crypto space in the past three years. Its return on investment of over 671% makes it one of the assets to keep on the watch list and hodl for the future.
IOST has a current all-time low price of $0.001562.
IOST was co-founded by It was founded by Jimmy Zhong, Sa Wang, Justin Li, Kevin Tan, Terrence Wang, and Ray Xiao.
IOST has a maximum supply of 90 billion IOST.
It was launched in 2018.
IOST can be stored in centralized exchanges’ private, cold, and hot wallets.
IOST price is expected to reach $0.1 by 2023.
IOST price is expected to reach $0.2 by 2024.
IOST price is expected to reach $0.4 by 2025.
IOST price is expected to reach $0.8 by 2026.
IOST price is expected to reach $1.6 by 2027.
IOST price is expected to reach $3.2 by 2028.
IOST price is expected to reach $6.2 by 2029.
IOST price is expected to reach $10 by 2030.
Disclaimer: The views and opinions, as well as all the information shared in this price prediction, are published in good faith. Readers must do their research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.
More Crypto Price Predictions:
- Serum (SRM) Price Prediction: Will SRM Reach $4 in 2022?
- IoTeX (IOTX) Price Prediction: Will IOTX Price Hit $0.2 in 2022?
- Braintrust (BTRST) Price Prediction: Will BTRST Reach $5 in 2022?
- 1inch Network (1INCH) Price Prediction: Will 1INCH Hit $1.5 in 2022?
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
 in the coming years. Will IOST be a good investment in the coming years? Find out here.){kind=link}