IOTA price has been drifting sideways after months of decline, with signs of a potential shift in momentum as per the latest daily chart analysis.
The RSI indicator suggests a weakening bearish momentum and a possible short-term rally of 15–25% based on historical patterns if it crosses 50.
Key support is at $0.15, with immediate resistance at $0.1610, followed by targets at $0.18 and $0.20. Fibonacci levels indicate potential targets near $0.19–$0.20 if $0.18 is reclaimed.
A breakout in IOTA price could lead to testing levels around $0.18–$0.20 in a bullish scenario, while a breakdown below $0.15 may push it towards $0.13. Key levels to watch include support at $0.15 and resistance at $0.1610, $0.18, $0.20.