Iota price recently broke the $0.87 resistance, confirming the move to around $1. As price increased in volume during the rally, we expect a sustained break of resistance. Due to this, the price could rise to the $1 mark soon, which is why we also assume that the price will rise to the $1 mark.
Iota price has formed a trend line during the recent ascent, which has consistently served as support. Because the Iota price has formed this trend line and this constantly serves as support, the price could soon rise to the $1 mark with a high probability. Thus, the price could increase by another 10% in the near future. If the price breaks the $1 psychological resistance, the price could add another percentage. If the price breaks $1, we expect further rise towards the resistance around $1.19.
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