Crypto Shorts Daily News Bulletin

Heres why IOTA [MIOTA] seems to be defying the odds in a market crash

Mohak Agarwal
  • The crypto market crash has been hard on IOTA, with the asset’s price declining steadily since September 2021.
  • However, IOTA’s development activity has been rising steadily since late 2021, signaling that investors have faith in the project’s long-term potential.
  • The latest market crash has caused a dip in IOTA’s development activity.
  • The diverging Bollinger Bands indicate that volatility can be expected in the future.
  • The Awesome Oscillator is flashing red bars, signaling bearish pressure on the asset.
gilly wcWN29NufMQ unsplash 2 Heres why IOTA [MIOTA] seems to be defying the odds in a market crash
Heres why IOTA [MIOTA] seems to be defying the odds in a market crash 2
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