IOTA Price Technical Analysis: No Room for Recovery

The IOTA token value on Wednesday tumbled by over 20% against the US Dollar. The IOT/USD pair in July had established a monthly high at 1.254-fiat. But owing to the cryptocurrency market’s poor health, the pair failed to sustain its peak and fell towards 0.881-fiat. The level proved to be a decent support and influenced IOT/USD

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