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Zeus adds support for IOTA {MIOTA}; digital asset recovers, Marius Kramer praises Shimmer on Quora


IOTA is ranked at #17 below Dash and Huobi Token in the market for now. The trading volume recorded stands at roughly $6.243 million, while the supply has 2,779,530,238 MIOTA coins in play [the total and final supply]. The price rose at a rate of 0.95% in the course of the past 24-hours. This brought MIOTA all the way up to $0.289069 where it presently holds. The total market cap of IOTA amounts to $803.475 million.

According to the chart linked to the IOT/USD pair on tradingview, this altcoin is fluctuating in the market. Today’s candle bears the green shade, although the ones formed on both the 21st as well as the 22nd were crimson. The current peak tied to the Awesome Oscillator is brown too, which points to the presence of bearish pressure.

On the other hand. the MACD line has stayed above the signal line for this entire month. The space between the two has started to wane, and by next week a trend change may occur if buyers fail to keep up their activities. In the aftermath of 20th September, IOTA left the overbought zone. The daily RSI is now at 59.48 and is pointing upwards, signifying a possible recovery in the near future. Support can be found at $0.2279, and resistance shall play a role close to the $0.316 mark.

Marius Kramer is an expert in the field of digital currencies. In his latest answer to a question centered on the most promising altcoins, Kramer lists NEXO, BAT [Basic Attention Token], VeChain [VET] and IOTA [MIOTA] as his choices that could land amongst the top-10 cryptocurrencies in 2020. Marius commended the soon-to-be-launched consensus algorithm Shimmer. He also praised the growth of Brave as a browser against competitors like Google Chrome.

Disclaimer - OBN is an informational website which aims to give the latest blockchain related news to the readers. Articles on OBN should not be considered as investment advice. Trading cryptocurrencies is a high-risk investment, every user is advised to consult an expert before making any decisions.