If the Iota price fails the current support of +/- $0.50, we expect the price to rally to the next support. This support sits around $0.3175 and would cause a fresh drop in price of around 40%. The chances of the price breaking the current support are not low, so we would remain cautious for now. We would currently rate a current investment in the Iota course as rather risky.
The Iota course indicators are in the neutral zone at the moment. Due to this, we think that the price will continue the current downtrend until the RSI gets in the oversold territory. This could continue until the price reaches the $0.3175 support. This would be the least we imagine the course will achieve.
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"when will the price rise again?" Sometime between 'soon™' and 'never'.
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