Thursday, December 8, 2022
 

IOTA (MIOTA) Price Prediction: Will MIOTA Reach $1 in 2022?

  • Bullish MIOTA price prediction ranges from $0.36 to $0.91.
  • MIOTA price might also reach $5 this 2022.
  • MIOTA’s bearish market price prediction for 2022 is $0.23.

IOTA is a project that supports the internet of things (IoT) and is also a medium of exchange. IOTA is multi-chain and is present in its explorer as well as in Binance Smart Chain.

IOTA investors are bullish on the token since it has had a return on investment (ROI) of over 508 times in the past 6 years. The crypto bubble in December 2017 led to the surge in the price of MIOTA to its present all-time high (ATH) price of $5.69. Ever since then, it has been unable to break the resistance level even in the crypto bubble of 2021. Irrespective of the recent crypto winter, MIOTA investors are confident that the future of MIOTA is bullish.

If you are interested in the future of IOTA (MIOTA) and would want to know the price analysis and price prediction of MIOTA for 2022, 2023, 2024, 2025, 2026, up to 2030, keep reading this CoinEdition article.

What is IOTA (MIOTA)?

IOTA is an open-sourced project on the internet of things (IoT). It was launched on July 11, 2016. Dominik Schiener is the chairman of the IOTA Foundation. IOTA is written with Tangle which the team claims is faster and more efficient that other programming languages used in other blockchains. Tangle uses a system of nodes to confirm transactions.

The IOTA Foundation is responsible for making rules that are used in the running of IOTA. Some of its top partners include Volkswagen and Bosch which helps them to connect devices to Tangle. It is estimated that over 20.4 billion devices would have been connected by the end of 2024. IOTA Foundation has its headquarters in Germany though there are members from over 25 countries presently.

Developers can build on the IOTA platform since it provides the needed resources for anyone to build on it. Data on IOTA explorer is secured and verifiable with high integrity.

Directed Acyclic Graph (DAG) is the data structure that is used on Tangle. This ensures that the newer transactions are done, the faster the network could process them. This helps to increase the scalability.

IOTA (MIOTA) Current Market Status

The maximum supply of IOTA (MIOTA) is 2,779,530,283 MIOTA while its maximum supply is 2,779,530,283 MIOTA according to CoinMarketCap. At the time of writing, MIOTA is trading for $0.2962 which represents 24 hours decrease of 2.43%. The trading volume of MIOTA in the past 24 hours is $11 million which represents a 9.52% increase.

Some of the top cryptocurrency exchanges for trading IOTA (MIOTA) are Binance, Kucoin, Huobi Global, Gate.io, Bitfinex, and others.

Now that you have known what MIOTA is and its current market status, we shall discuss the price analysis of IOTA (MIOTA) for 2022.

IOTA (MIOTA) Price Analysis 2022

Currently, MIOTA is ranked in the 54th position on CoinMarketCap. Will developments and upgrades within the IOTA community lead to a rising in the price of IOTA (MIOTA)? We shall see in this CoinEdition price analysis 2022 article.

IOTA (MIOTA) Price Analysis- Keltner Channel

IOTA/USDT 1Day Chart Showing Keltner Channel (Source: Tradingview)
IOTA/USDT 1Day Chart Showing Keltner Channel (Source: Tradingview)

Keltner Channel is a technical analysis indicator that is used to determine trend directions by measuring the volatility above or below the candlesticks. From the Keltner Channel signals for IOTA/USDT, 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 IOTA might be sustained before any reversal would be expected.

IOTA (MIOTA) Price Analysis- Relative Strength Index

IOTA/USDT 1Day Chart Showing Relative Strength Index (Source: Tradingview)
IOTA/USDT 1Day Chart Showing Relative Strength Index (Source: Tradingview)

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 the IOTA (MIOTA) 1day chart of IOTA/USDT is at 45.52.  This shows that MIOTA is showing a neutral trend since it is 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 region, before any price correction soon.

IOTA (MIOTA) Price Prediction-Moving Averages

IOTA/USDT 1Day Chart Showing 200-MA and 100-MA (Source: Tradingview)
IOTA/USDT 1Day Chart Showing 200-MA and 100-MA (Source: Tradingview)

The chart above shows the 1Day chart of MIOTA 200-day and 100-day Moving Average (MA). Presently, MIOTA is on a bullish trend as indicated in the recent uptrend. Since the 200-MA is above the 100-MA, we can reduce the price is bullish for long-term hodlers.

Also, since the gap between the moving averages is wide and within the recently formed candlesticks, the price of IOTA (MIOTA) might experience a big rise or fall in the future.

IOTA (MIOTA) Price Prediction 2022

IOTA/USDT 1Day Chart (Source: Tradingview)
IOTA/USDT 1Day Chart (Source: Tradingview)

By looking at the daily chart of IOTA/USDT, the MIOTA price was swinging from $0.50 resistance2 to $0.36 resistance1 after touching the support levels of $0.28 and $0.23. It reversed from the support level of $0.28 and now going sideways in the market and is expected to be bullish in the coming weeks.

Meanwhile, our long-term IOTA price prediction for 2022 is bullish since it cannot break the present support level soon. We can expect IOTA to reach $1 in 2022.

IOTA (MIOTA) Price Prediction-Resistance and Support Levels

IOTA/USDT 1Day Chart (Source: Tradingview)
IOTA/USDT 1Day Chart (Source: Tradingview)

This bullish chart shows that the price of IOTA has increased by 8.7% in the past 30 days. If this price increase continues, IOTA could break the $0.36 resistance1 level and move higher to $0.91 at the resistance6 level, and even higher, the bullish signal for 2022.

However, if sellers have their way, the price of IOTA might be dethroned from its present uptrend position. In simpler terms, IOTA might trend below the $0.23 support2 level, and even lower in 2022, a bearish signal.

IOTA (MIOTA) Price Prediction 2023

IOTA (MIOTA) might hit $2 in 2023 if this bullish trend continues. Moreover, in the first half of 2023, the price of IOTA will see rapid growth to $1.5. The growth will thereafter moderate, but no significant drops are predicted. By upgrading burning rewards, investors could burn more IOTA thereby reducing its volume in circulation. This could make the price of IOTA reach $2 shortly.

IOTA (MIOTA) Price Prediction 2024

IOTA (MIOTA) price could hold the support level around 200-MA, the long-term moving average of 200 days firmly, buyers will then have ample time and stability to forge the next attack mission on the vital level at $4, making it not plummet but play consistently. Additionally, this could only be possible if IOTA breaks through past psychological resistance levels.

IOTA (MIOTA) Price Prediction 2025

IOTA (MIOTA) prices might grow past $6 during the next three years. Furthermore, hitting this level might not be so tough for IOTA due to new medium, short-term, and long-term price objectives for purchase or sell orders which may be discovered. According to the forecast, IOTA has a strong chance of reaching a new all-time high (ATH) price.

IOTA (MIOTA) Price Prediction 2026

IOTA (MIOTA) prices might grow past $8 during the next four years. Furthermore, hitting this level might not be so tough for IOTA due to new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, IOTA has a strong chance of reaching a new all-time high (ATH) price.

IOTA (MIOTA) Price Prediction 2027

IOTA (MIOTA) prices might grow past $10 during the next five years. Furthermore, hitting this level might not be so tough for IOTA due to new medium, short-term, and long-term price objectives for purchase or sell orders which may be discovered. According to the forecast, IOTA has a strong chance of reaching a new all-time high (ATH) price.

IOTA (MIOTA) Price Prediction 2028

IOTA (MIOTA) prices might grow past $12 during the next six years. Furthermore, hitting this level might not be so tough for IOTA due to new medium, short-term, and long-term price objectives for purchase or sell orders which may be discovered. According to the forecast, IOTA has a strong chance of reaching a new all-time high (ATH) price.

IOTA (MIOTA) Price Prediction 2029

IOTA (MIOTA) prices might grow past $14 during the next seven years. Furthermore, hitting this level might not be so tough for IOTA due to new medium, short-term, and long-term price objectives for purchase or sell orders which may be discovered. According to the forecast, IOTA has a strong chance of reaching a new all-time high (ATH) price.

IOTA (MIOTA) Price Prediction 2030

IOTA (MIOTA) prices might grow past $16 during the next eight years. Furthermore, hitting this level might not be so tough for IOTA due to new medium, short-term, and long-term price objectives for purchase or sell orders which may be discovered. According to the forecast, IOTA has a strong chance of reaching a new all-time high (ATH) price.

Conclusion

As said above, IOTA might reach $1 in 2022 and $16 by 2030 if investors have decided that IOTA is a good investment along with mainstream cryptocurrencies like Bitcoin and Ethereum.

FAQ

What is IOTA (MIOTA)?

IOTA (MIOTA) is a project on the internet of things that are used to connect devices.

How to buy IOTA (MIOTA) Token?

Like other cryptocurrencies, IOTA (MIOTA) can be traded in cryptocurrency exchanges like Binance, Huobi Global, Kucoin, Gate.io, and others.

Will IOTA surpass its present ATH?

IOTA has a low possibility of surpassing its present all-time high (ATH) price of $5.69 in 2022.

When was IOTA (MIOTA) launched?

It was launched in July 2016.

What will be the IOTA (MIOTA) price by 2023?

IOTA (MIOTA) price is expected to reach $2 by 2023.

What will be the IOTA (MIOTA) price by 2024?

IOTA (MIOTA) price is expected to reach $4 by 2024.

What will be the IOTA (MIOTA) price by 2025?

IOTA (MIOTA) price is expected to reach $6 by 2025.

What will be the IOTA (MIOTA) price by 2026?

IOTA (MIOTA) price is expected to reach $8 by 2026.

What will be the IOTA (MIOTA) price by 2027?

IOTA (MIOTA) price is expected to reach $10 by 2027.

What will be the IOTA (MIOTA) price by 2028?

IOTA (MIOTA) price is expected to reach $12 by 2028.

What will be the IOTA (MIOTA) price by 2029?

IOTA (MIOTA) price is expected to reach $14 by 2029.

What will be the IOTA (MIOTA) price by 2030?

IOTA (MIOTA) price is expected to reach $16 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:

  • Bullish MIOTA price prediction ranges from $0.36 to $0.91.
  • MIOTA price might also reach $5 this 2022.
  • MIOTA’s bearish market price prediction for 2022 is $0.23.

IOTA is a project that supports the internet of things (IoT) and is also a medium of exchange. IOTA is multi-chain and is present in its explorer as well as in Binance Smart Chain.

IOTA investors are bullish on the token since it has had a return on investment (ROI) of over 508 times in the past 6 years. The crypto bubble in December 2017 led to the surge in the price of MIOTA to its present all-time high (ATH) price of $5.69. Ever since then, it has been unable to break the resistance level even in the crypto bubble of 2021. Irrespective of the recent crypto winter, MIOTA investors are confident that the future of MIOTA is bullish.

If you are interested in the future of IOTA (MIOTA) and would want to know the price analysis and price prediction of MIOTA for 2022, 2023, 2024, 2025, 2026, up to 2030, keep reading this CoinEdition article.

What is IOTA (MIOTA)?

IOTA is an open-sourced project on the internet of things (IoT). It was launched on July 11, 2016. Dominik Schiener is the chairman of the IOTA Foundation. IOTA is written with Tangle which the team claims is faster and more efficient that other programming languages used in other blockchains. Tangle uses a system of nodes to confirm transactions.

The IOTA Foundation is responsible for making rules that are used in the running of IOTA. Some of its top partners include Volkswagen and Bosch which helps them to connect devices to Tangle. It is estimated that over 20.4 billion devices would have been connected by the end of 2024. IOTA Foundation has its headquarters in Germany though there are members from over 25 countries presently.

Developers can build on the IOTA platform since it provides the needed resources for anyone to build on it. Data on IOTA explorer is secured and verifiable with high integrity.

Directed Acyclic Graph (DAG) is the data structure that is used on Tangle. This ensures that the newer transactions are done, the faster the network could process them. This helps to increase the scalability.

IOTA (MIOTA) Current Market Status

The maximum supply of IOTA (MIOTA) is 2,779,530,283 MIOTA while its maximum supply is 2,779,530,283 MIOTA according to CoinMarketCap. At the time of writing, MIOTA is trading for $0.2962 which represents 24 hours decrease of 2.43%. The trading volume of MIOTA in the past 24 hours is $11 million which represents a 9.52% increase.

Some of the top cryptocurrency exchanges for trading IOTA (MIOTA) are Binance, Kucoin, Huobi Global, Gate.io, Bitfinex, and others.

Now that you have known what MIOTA is and its current market status, we shall discuss the price analysis of IOTA (MIOTA) for 2022.

IOTA (MIOTA) Price Analysis 2022

Currently, MIOTA is ranked in the 54th position on CoinMarketCap. Will developments and upgrades within the IOTA community lead to a rising in the price of IOTA (MIOTA)? We shall see in this CoinEdition price analysis 2022 article.

IOTA (MIOTA) Price Analysis- Keltner Channel

IOTA/USDT 1Day Chart Showing Keltner Channel (Source: Tradingview)
IOTA/USDT 1Day Chart Showing Keltner Channel (Source: Tradingview)

Keltner Channel is a technical analysis indicator that is used to determine trend directions by measuring the volatility above or below the candlesticks. From the Keltner Channel signals for IOTA/USDT, 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 IOTA might be sustained before any reversal would be expected.

IOTA (MIOTA) Price Analysis- Relative Strength Index

IOTA/USDT 1Day Chart Showing Relative Strength Index (Source: Tradingview)
IOTA/USDT 1Day Chart Showing Relative Strength Index (Source: Tradingview)

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 the IOTA (MIOTA) 1day chart of IOTA/USDT is at 45.52.  This shows that MIOTA is showing a neutral trend since it is 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 region, before any price correction soon.

IOTA (MIOTA) Price Prediction-Moving Averages

IOTA/USDT 1Day Chart Showing 200-MA and 100-MA (Source: Tradingview)
IOTA/USDT 1Day Chart Showing 200-MA and 100-MA (Source: Tradingview)

The chart above shows the 1Day chart of MIOTA 200-day and 100-day Moving Average (MA). Presently, MIOTA is on a bullish trend as indicated in the recent uptrend. Since the 200-MA is above the 100-MA, we can reduce the price is bullish for long-term hodlers.

Also, since the gap between the moving averages is wide and within the recently formed candlesticks, the price of IOTA (MIOTA) might experience a big rise or fall in the future.

IOTA (MIOTA) Price Prediction 2022

IOTA/USDT 1Day Chart (Source: Tradingview)
IOTA/USDT 1Day Chart (Source: Tradingview)

By looking at the daily chart of IOTA/USDT, the MIOTA price was swinging from $0.50 resistance2 to $0.36 resistance1 after touching the support levels of $0.28 and $0.23. It reversed from the support level of $0.28 and now going sideways in the market and is expected to be bullish in the coming weeks.

Meanwhile, our long-term IOTA price prediction for 2022 is bullish since it cannot break the present support level soon. We can expect IOTA to reach $1 in 2022.

IOTA (MIOTA) Price Prediction-Resistance and Support Levels

IOTA/USDT 1Day Chart (Source: Tradingview)
IOTA/USDT 1Day Chart (Source: Tradingview)

This bullish chart shows that the price of IOTA has increased by 8.7% in the past 30 days. If this price increase continues, IOTA could break the $0.36 resistance1 level and move higher to $0.91 at the resistance6 level, and even higher, the bullish signal for 2022.

However, if sellers have their way, the price of IOTA might be dethroned from its present uptrend position. In simpler terms, IOTA might trend below the $0.23 support2 level, and even lower in 2022, a bearish signal.

IOTA (MIOTA) Price Prediction 2023

IOTA (MIOTA) might hit $2 in 2023 if this bullish trend continues. Moreover, in the first half of 2023, the price of IOTA will see rapid growth to $1.5. The growth will thereafter moderate, but no significant drops are predicted. By upgrading burning rewards, investors could burn more IOTA thereby reducing its volume in circulation. This could make the price of IOTA reach $2 shortly.

IOTA (MIOTA) Price Prediction 2024

IOTA (MIOTA) price could hold the support level around 200-MA, the long-term moving average of 200 days firmly, buyers will then have ample time and stability to forge the next attack mission on the vital level at $4, making it not plummet but play consistently. Additionally, this could only be possible if IOTA breaks through past psychological resistance levels.

IOTA (MIOTA) Price Prediction 2025

IOTA (MIOTA) prices might grow past $6 during the next three years. Furthermore, hitting this level might not be so tough for IOTA due to new medium, short-term, and long-term price objectives for purchase or sell orders which may be discovered. According to the forecast, IOTA has a strong chance of reaching a new all-time high (ATH) price.

IOTA (MIOTA) Price Prediction 2026

IOTA (MIOTA) prices might grow past $8 during the next four years. Furthermore, hitting this level might not be so tough for IOTA due to new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, IOTA has a strong chance of reaching a new all-time high (ATH) price.

IOTA (MIOTA) Price Prediction 2027

IOTA (MIOTA) prices might grow past $10 during the next five years. Furthermore, hitting this level might not be so tough for IOTA due to new medium, short-term, and long-term price objectives for purchase or sell orders which may be discovered. According to the forecast, IOTA has a strong chance of reaching a new all-time high (ATH) price.

IOTA (MIOTA) Price Prediction 2028

IOTA (MIOTA) prices might grow past $12 during the next six years. Furthermore, hitting this level might not be so tough for IOTA due to new medium, short-term, and long-term price objectives for purchase or sell orders which may be discovered. According to the forecast, IOTA has a strong chance of reaching a new all-time high (ATH) price.

IOTA (MIOTA) Price Prediction 2029

IOTA (MIOTA) prices might grow past $14 during the next seven years. Furthermore, hitting this level might not be so tough for IOTA due to new medium, short-term, and long-term price objectives for purchase or sell orders which may be discovered. According to the forecast, IOTA has a strong chance of reaching a new all-time high (ATH) price.

IOTA (MIOTA) Price Prediction 2030

IOTA (MIOTA) prices might grow past $16 during the next eight years. Furthermore, hitting this level might not be so tough for IOTA due to new medium, short-term, and long-term price objectives for purchase or sell orders which may be discovered. According to the forecast, IOTA has a strong chance of reaching a new all-time high (ATH) price.

Conclusion

As said above, IOTA might reach $1 in 2022 and $16 by 2030 if investors have decided that IOTA is a good investment along with mainstream cryptocurrencies like Bitcoin and Ethereum.

FAQ

What is IOTA (MIOTA)?

IOTA (MIOTA) is a project on the internet of things that are used to connect devices.

How to buy IOTA (MIOTA) Token?

Like other cryptocurrencies, IOTA (MIOTA) can be traded in cryptocurrency exchanges like Binance, Huobi Global, Kucoin, Gate.io, and others.

Will IOTA surpass its present ATH?

IOTA has a low possibility of surpassing its present all-time high (ATH) price of $5.69 in 2022.

When was IOTA (MIOTA) launched?

It was launched in July 2016.

What will be the IOTA (MIOTA) price by 2023?

IOTA (MIOTA) price is expected to reach $2 by 2023.

What will be the IOTA (MIOTA) price by 2024?

IOTA (MIOTA) price is expected to reach $4 by 2024.

What will be the IOTA (MIOTA) price by 2025?

IOTA (MIOTA) price is expected to reach $6 by 2025.

What will be the IOTA (MIOTA) price by 2026?

IOTA (MIOTA) price is expected to reach $8 by 2026.

What will be the IOTA (MIOTA) price by 2027?

IOTA (MIOTA) price is expected to reach $10 by 2027.

What will be the IOTA (MIOTA) price by 2028?

IOTA (MIOTA) price is expected to reach $12 by 2028.

What will be the IOTA (MIOTA) price by 2029?

IOTA (MIOTA) price is expected to reach $14 by 2029.

What will be the IOTA (MIOTA) price by 2030?

IOTA (MIOTA) price is expected to reach $16 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:

 

Latest news