IOTA is still in buyers territory on 4h chart. We expect the continuation in up trend but most digital currencies tend to follow the trend of Bitcoin – the biggest player, to the point that the value of Ethereum and other digital currencies are greatly influenced by the losses and gains of Bitcoin (BTC) in the market. . Sentiment can change really quick so we need to be prepared and have strict money management.
IOTA (MIOTA) is an ambitious digital currency project with a lot of potentials. Unlike other digital currencies, IOTA doesn’t use the blockchain design, rather it stores data of transactions in a blockless distributed ledger. This technology helps the digital currency to eliminate costs of transactions and reduce processing time.
The value of the digital currency saw a significant growth at the end of last year, and it’s set to be one of the best performers this year in the digital currency market.
IOTA (MIOTA) is an ambitious digital currency project with a lot of potentials. Unlike other digital currencies, IOTA doesn’t use the blockchain design, rather it stores data of transactions in a blockless distributed ledger. This technology helps the digital currency to eliminate costs of transactions and reduce processing time.
The value of the digital currency saw a significant growth at the end of last year, and it’s set to be one of the best performers this year in the digital currency market.
Comment:
IOTA is ranging, it could not break the buyers territory so the move up is more favorable but we will see because everything depends on Bitcoin.