IOTA (IOTA) Price Prediction 2024-2030: Will IOTA Price Hit $1 Soon?

• Bullish IOTA Price prediction ranges from $0.6 to $1.
• Analysis suggests that the IOTA price might reach above $0.92.
• The IOTA Bearish market price prediction for 2024 is $0.2.

The IOTA Foundation, established in 2017 and based in Berlin, Germany, is a non-profit organization dedicated to advancing the IOTA protocol. As one of the longest-standing crypto projects, it focuses on open-source governance and driving the technology toward practical, real-world use. The foundation is led by Co-founder and Chairman Dominik Schiener.

One of the current initiatives of the IOTA foundation is to develop infrastructure to represent physical assets with digital tokens. By the provision of infrastructure, IOTA aims to make illiquid assets liquid and widely tradable, and to enable new economic opportunities.

IOTA (IOTA) Price Prediction 2024-2050 Overview

What is IOTA (IOTA)?

IOTA (IOTA) is a distributed ledger technology (DLT) designed with a unique architecture and an open-source product suite, catering to individuals, businesses, and institutions in the Web3 space. At its core is the Tangle, a directed acyclic graph (DAG) that functions like a multi-dimensional blockchain. This innovative structure enables secure, direct data and value transfers on a decentralized platform, with all transactions recorded immutably on the network.

IOTA (IOTA) Price Analysis

Will the TRON’s most recent improvements, additions, and modifications help its price rise? Will IOTA’s effort to digitize physical assets pay off ? 

IOTA (IOTA) Price Analysis – Bollinger Bands

The Bollinger bands are primarily three bands– the upper band, middle band and lower band. These bands expand and contract based on the market dynamics. The middle band is the average, while the upper band and lower band are the extreme ends that the price rises or falls to. Based on how the traders interact, the bands expand and contract. When the band expands, there could be a rise or fall of price by a huge margin. However, on the contrary when the band shrinks, there is not going to be much fluctuation in prices.

As per chart IOTA is currently gaining value after reaching the floor price in early November. In particular IOTA reached its floor value of $0.1020 and started increasing. Currently, the crypto is priced at $0.533. As the token rose, it could be noted that it was hugging the upper band. This shows that despite the token being overbought, the buyers did not hesitate to buy more tokens and add them to their portfolio. Since IOTA is overbought, the market could correct the prices very shortly. However, if the buyers keep mounting the pressure, then, IOTA may still keep increasing in value. 

IOTA (IOTA) Price Analysis – Relative Strength Index 

The Relative Strength Index (RSI) indicator used to measure whether the price of a cryptocurrency is over or undervalued. For this purpose, it has two extreme regions known as the overbought and oversold regions. 

When the RSI reads a value (>70) then the crypto is overbought, which means that due to more buying the demand has increased as such the price has also increased. On the other hand, when it is oversold (<30), many are selling, as such, its price is undervalued.

The RSI for IOTA reads a value of 92 and it is extremely overbought. If the RSI has turned directions, then, it may give a hint above a market correction. However, the RSI is still directed deep into the overbought territory, hence, there could be more increase in price for IOTA before the market corrects the price. 

IOTA (IOTA) Price Analysis – Moving Average Convergence and Divergence (MACD)

The Moving Average Convergence and Divergence indicators use two exponential moving averages (EMA) to find how the cryptocurrency is doing. Usually, the longer EMA is the 26-Day EMA and the shorter is the 12-Day EMA. The MACD is found by reducing the 12-day EMA from the 26-day EMA. If the MACD is positive that means the crypto is performing but if it’s negative, then it is losing value. 

The above red parth in the chart shows that the MACD has been in the negative zone since April. And it continued to stay in the negative zone until late September. This shows that IOTA was losing value when the 26-day and 12-day EMAs were compared. However, currently, it is a different scenario as IOTA is in the positive direction, with the MACD line above the SMA. This shows that IOTA is performing well above par. 

IOTA (IOTA) Price Prediction 2024

IOTA has broken out from a falling wedge after trading inside of it for almost 7 months. However, the breakout is not a conventional breakout from a wedge. If IOTA broke out conventionally, then, it should have increased by the height of the wedge during the initial stages of its formation. Nonetheless, this breakout seems to be very huge. From as low as $0.100 IOTA reached $0.522. However, the Point of Control or more the price at which most trading happens is just above $0.2. This raises a question as to whether IOTA will stay up there at $0.52 or fall for support. 

If IOTA loses its momentum, then it may fall to support 1 at $0.28-$0.3. However, if the buyers can defend that support level, then, IOTA may fall to $0.20-$0.22.

On the flip side, if IOTA keeps on increasing in value, then, there is a high chance it could reach $.929 as shown below. 

IOTA (IOTA) Price Prediction 2025

During the previous bull run (2021), IOTA reached a maximum value of $2.5. If the same behavior is reciprocated, IOTA will once again reach $2.50 or maybe even higher.

IOTA (IOTA) Price Prediction – Resistance and Support Levels

The above chart shows that apart from the post BTC halving years, IOTA has been trading between $0.2 and $0.8. But, the post BTC halving IOTA has been very volatile reaching more than $2.5.

IOTA (IOTA) Price Prediction 2026

As per the market cycle, it is expected that after a long period of bull run, the bears will come into power and start negatively impacting the cryptocurrencies. During this bearish sentiment, the IOTA could tumble into its support regions. During this period of price correction, IOTA could lose momentum and be way below its 2025 price. As such, it could be trading at $1.5 by 2026. 

IOTA (IOTA) Price Prediction 2027

During this period, the market would be healing from the deep lacerations of the bear. With traders being tentative, there might not be much movement in the market, as it consolidates. As such, we could expect IOTA (IOTA)  to trade at around $2.25 by the end of 2027. 

IOTA (IOTA) Price Prediction 2028

As the crypto community’s hope will be re-ignited looking forward to Bitcoin halving like many altcoins, IOTA may reciprocate its past behavior during the BTC halving. Hence, IOTA (IOTA)   would be trading at $3 after experiencing a considerable surge by the end of 2028. 

IOTA (IOTA) Price Prediction 2029

2029 is expected to be another bull run due to the aftermath of the BTC halving. However, traders speculate that the crypto market will gradually become stable by this year. In tandem with the stable market sentiment, IOTA (IOTA)  could be trading at $6.5 by the end of 2029.

IOTA (IOTA) Price Prediction 2030

After witnessing a bullish run in the market, IOTA and many altcoins would show signs of consolidation and might trade sideways and move downwards for some time while experiencing minor spikes. Therefore, by the end of 2030, IOTA (IOTA) could be trading at $4.5.

IOTA (IOTA) Price Prediction 2040

The long-term forecast for IOTA indicates that this altcoin could reach a new all-time high (ATH). This would be one of the key moments as HODLERS may expect to sell some of their coins at the ATH point. 

If they start selling then IOTAcould fall in value. It is expected that the average price of IOTA (IOTA)  could reach $7.5 by 2040.

IOTA (IOTA) Price Prediction 2050

Since cryptocurrency will be revered and widely accepted by most people during the 2050s, we will see the masses believe more in it. As such IOTA (IOTA) could reach $12.

Conclusion

IOTA is a cryptocurrency that has a lot of potential. In recent times, it has become popular  and it is reflected by the exponential rise. By providing infrastructure to digitize physical assets , IOTA  could win the trust of the crypto community and thereby appreciate to $0.9

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