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TronWeekly

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IOTA Breaks Out of Downtrend: A 100% Rally Toward $0.50 Coming

  • IOTA has surged by 7.97% daily and 25.58% weekly, breaking out of a downtrend channel amid bullish divergence signals.
  • The TWIN Foundation, launched with IOTA's support, aims to tackle inefficiencies in global trade using decentralized technologies.
  • Price targets indicate a potential rally to $0.50, with key levels at $0.28, $0.31, $0.40, and $0.50 after sustaining a retest at $0.21–$0.22.
  • Long-term forecast suggests IOTA could surpass $0.55 by 2025, reclaiming early 2021 highs and aiming for its all-time high of $5.69, supported by the incorporation of decentralized tech in international trade.

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