- IOTA was selected by the EU Commission for the last phase of EU blockchain PCP.
- The price surged by more than 2%, amounting to about $ 0.22.
- The fans are eager for the most awaited breakthrough.
The EU Commission selects IOTA. It finally reaches the final phase of the all-year-round bidding process for the European Blockchain Service Infrastructure (EBSI). The Pre-Commercial Procurement (PCP) is developed to provide compliant cross-border blockchain solutions within the EU Bloc. While announcing, Dominik Schiener reiterated that the project’s motive is to unceasingly go hard on driving toward real-world crypto adoptions. In response, the prices rallied by 2.17% with a current value of $0.218.
Живописниот
The price forms a falling parallel channel and awaits a breakout. The price bounces, taking support at the level of $0.20. It may very soon reclaim the 20-EMA as the pattern continues to form. It also forms bullish spinning tops at the bottom, after which the uptrend may follow. The volume also forms the same rising and dipping pattern, matching the price trend.
The CMF indicator reflects the upcoming uptrend as it moves closer to the 0-level mark. It may move closer and soon cross the border to depict the uptrend in full momentum. The MACD indicator moves tangled as the market waits for the price to shoot up. It may maintain the same pace until the price shows some drastic movements. The RSI indicator moves closer to the 50-mark average. It may escalate further and float in the 50-60 range before shooting for the ceiling.
Поблискиот прозорец
The CMF indicator almost touches the 0 mark and prepares to surge further and mark an uptrend. It may move up to the range closer to the 20-mark capping. The RSI indicator moves to the range of 50-60 and may further rally as the trend progresses. The MACD indicator moves entwined with slivers of sales and purchases. It may diverge soon for the bull market.
Заклучок
на пазарот is on its toes for the boom it’s hoping for. Users see immense potential in the token and its projects as well. The current market trend hints towards a price shoot that will widen the smile on the fan’s faces.
Технички нивоа
Ниво на поддршка: 0.19 и 0.14 долари
Ниво на отпорност: 0.30 и 0.32 долари
Општи услови
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Source: https://www.thecoinrepublic.com/2022/11/23/step-by-step-iota-up-the-ladder-gainer-among-the-losers/