The MIOTA price is currently trading at its support levels and the 50-day EMA suggests a trend reversal anytime.
On the technical chart, MIOTA has formed a Doji candle, which suggests that the correction phase could potentially be ending.
As the broader cryptocurrency market enters some kind of consolidation, crypto traders have been setting up their eyes on mid-tied altcoins. MIOTA, the native cryptocurrency of the IOTA ecosystem is currently on investors’ radar with bullish projections ahead.
As the MIOTA price is currently around the support zone, it’s trying to gain momentum amid the return of the buyers. As of press time, MIOTA is trading 1% down at a price of $0.168. Currently, the MIOTA price is trading below the 50-day and 200-day EMA while showcasing the downtrend. However, at $0.168, the price is pretty much closer to the 50-day EMA suggesting the possibility of a trend reversal anytime.
Back in mid-June, the MIOTA cryptocurrency found support around $0.1400, forming a bu

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