IOTX Technical Analysis: Prices Sustained Above $0.10, Buyers Eye $0.15

IOTX coin price retests the rounding bottom breakout and strives to sustain above the psychological stronghold at $0.10. Is this the right time to buy? Key technical points: IOTX prices have decreased by 1.10% in the past 24 hours. The IOTX/USD chart shows a high possibility of a golden crossover. Finally, the 24-hour trading volume of Iotex is $35.67 Million, marking a 68.58% fall. Past Performance of IOTX The IOTX coin price showcased a boom in buying pressure with a 25% office jump on March 22nd, resulting in a $0.085 breakout. The buying pressure decreased over the days and retested the bullish breakout. However, the bullish reversal from the 100-day EMA resulted in the rounding bottom pattern breakout and currently retests it for further bullish continuation. Source-Tradingview IOTX Technical Analysis IOTX coin price action reflects higher price rejection but continues the higher low formation reflecting the solid underlying bullishness. Hence, the uptrend may approach the $0.11 mark shortly. The crucial daily EMAs (50, 100, and 200-days) maintain a slightly bearish alignment, but the increasing possibility of the golden crossover due to the 50-day EMA reversal may help regain the bullish status. Moreover, the price sustaining above the 100-day EMA stresses a buying possibility. RSI Indicator: The RSI slope sustains above the 14-day line, reflects the solid uptrend in action, and might shortly enter the overbought territo...