The popularity of cryptocurrencies has been unflagging in recent weeks, the entire market is worth over USD 500 billion. In daily analyses, we will look at the most popular currencies and you can use the opportunities that occur by trading on the Polish BitBay exchange.
IOTA
Internet-of-Things, or IOTA, also did not resist the bloodbath at the beginning of the year and the prices returned to the base of the December impulse 1.5 $ per unit. Today, the coin is performing relatively weak, creating a downward daily candle around the downward trend line, also the reflection from the minimum is at least poor. If the current upward correction movement would be similar to the previous one, then it should end around $ 2.5 if the downward trend line does not stop the rally of the bulls. As far as support is concerned, the $ 1.50- $ 1.00 mark seems to be the strong point where the course has already reacted.
A review of events and analyzes from the world of cryptocurrencies is made in cooperation with the Polish BitBay stock exchange offering free accounts for trading on digital currencies. Acquaint yourself with the BitBay offer and start trading on BTC and altcoins now.
