RATE Group | Cryptocurrency’s Price Hold Looks Strong as Capital Inflow Increases
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Cryptocurrency’s Price Hold Looks Strong as Capital Inflow Increases

23 Jan Cryptocurrency’s Price Hold Looks Strong as Capital Inflow Increases

Posted at 09:55h in Cryptocurrency News by

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The cryptocurrency market had returned to a stagnant price movement after a few days of bullish rises. A majority of the users have been expectant of another surge soon as the immediate support of most 0f the altcoins have been elevated.

MIOTA, the cryptocurrency based on the Internet of Things [IOT] has had a great start to the year with several developments being discussed in the pipeline. This ranged from landmark partnerships with major organizations to internal network updates. After having a very sombre 2019, the cryptocurrency was not at the 23rd position on the price charts.

At press time, MIOTA was trading for $0.235 with a total market cap of $654.55 million. After a 5.8 percent drop in the previous 24 hours, the cryptocurrency’s 24-hour market volume had dipped to $9.39 million.

1 hour:

IOTA 1 hour
Tradingview.com

The hourly chart has been consistent for MIOTA after a sustained hold between $0.23 and $0.26. The immediate support was at $0.228 while the immediate resistance held at…

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