Image of IOTX
IOTXIoTeX
$0.002859
-1.32%
1D

IoTeX Analysis

Investment Score
A quick view into IoTeX's investment prospects.
8.1

The asset still looks technically supportive, with multiple signals continuing to back the setup.

What is helping
  • The current level still offers a favorable reward-to-risk profile.
  • Squeeze Breakout Setup: Bollinger Bands are historically compressed and price is above EMA50, suggesting an expansion move may be underway.
Main risks
  • Price is trading below the Hull Moving Average (9), which points to weakening short-term momentum.
  • Price is trading below the Ichimoku base line, which suggests the broader structure is weakening.
Market State Summary
Current regime
Bull Quiet
Confidence: 66%
Why this state?
  • IOTX is above SMA50
  • SMA50 is below SMA200
  • SMA50 slope is positive over the last 10 days
  • 30-day return is positive
  • ATR volatility is below the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Bull Quiet regime, the best-fit approach is Trend following / buy dips. Trend conditions are constructive and volatility is contained, which usually favors following the move higher and looking for pullbacks instead of fading strength.

Trend
Bullish
IOTX is trading above key moving averages and the medium-term trend is still rising.
Momentum
Neutral
RSI is 51.73, which is neither overbought nor oversold.
Volatility
Quiet
IOTX ATR volatility is below the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.002938 - $0.003265
Support zone
$0.002578 - $0.002721
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bearish
ATR%
Quiet
Volume
Low
Support & Resistance

IoTeX support and resistance levels highlight key price zones where buyers and sellers are most active. This section helps identify likely breakout areas, pullback support, overhead resistance, and the current trading range so you can evaluate trend continuation, reversal risk, and near-term crypto price direction.

Support zone
$0.002578 - $0.002721
Resistance zone
$0.002938 - $0.003265
Active zone
--
Levels Table
LevelZoneStrength
Support 1$0.002578 - $0.002721
Support 2$0.002401 - $0.002543
Support 3$0.001897 - $0.002196
Resistance 1$0.002938 - $0.003265
Resistance 2$0.003436 - $0.003614
Resistance 3$0.004073 - $0.004495
Resistance 4$0.004706 - $0.005306
Scenario Analysis
Bullish scenario

IOTX clears the resistance zone at $0.002938 - $0.003265 and holds above it. That would strengthen the breakout case and shift attention to $0.003436 - $0.003614.

Bearish scenario

IOTX loses the support zone at $0.002578 - $0.002721. That would weaken the setup and open the way toward $0.002401 - $0.002543.

Neutral scenario

IOTX continues trading between $0.002721 and $0.002938. In that case, range-trading conditions remain active.

Technical Indicators

Technical indicators help summarize trend, momentum, volatility, and key price levels. They should not be used in isolation, but they can help identify whether a coin is trending, ranging, overextended, or approaching an important support or resistance level.

IndicatorValueSignalInterpretation
SMA50
$0.002498
Bullish
IOTX is trading above the 50-day average.
SMA200
$0.003889
Bearish
IOTX remains below the long-term trend line.
EMA50
$0.002694
Bullish
IOTX is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.004681
Bearish
IOTX is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
51.73
Neutral
RSI (14) is at 51.73, which keeps momentum in a balanced range.
Stoch RSI (14)
0.00
Oversold
Stoch RSI (14) is low at 0.00, which shows momentum is pressing near its recent lower extreme.
MACD
0.00009936
Bearish
MACD is below its signal line.
ATR
6.51%
Quiet
Volatility is below its 180-day median.
VWMA
$0.002701
Bullish
Price is above the volume-weighted average.
Commodity Channel Index (20)
25.97
Neutral
CCI (20) is at 25.97, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$0.0003069
Bullish
Awesome Oscillator is above zero at $0.0003069, which supports bullish momentum.
Williams Percent Range (14)
-64.98
Neutral
Williams Percent Range (14) is at -64.98, which keeps price in the middle of its recent range.
Bull Bear Power (13)
$0.00002192
Bullish
Bull Bear Power (13) is positive at $0.00002192, which suggests buyers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
41.14
Neutral
Ultimate Oscillator is at 41.14, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.002851
Bearish
IOTX is trading below the Hull Moving Average (9), which weakens the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.003053
Bearish
IOTX is trading below the Ichimoku base line, which points to weaker structure.
Assets Similar to IoTeX

Over the past 7 days, IoTeX price was most positively correlated with the price of SPX6900 (SPX), Convex Finance (CVX), Bittensor (TAO), Ethereum (ETH) and Ethereum Name Service (ENS) and most negatively correlated with the price of TRON (TRX), XDC Network (XDC), BitTorrent (BTT), Canton (CC) and Polygon Ecosystem Token (POL).

Positively Correlated Currencies
NameCorrelation
Image of SPX6900SPX69000.773
Image of Convex FinanceConvex Finance0.738
Image of BittensorBittensor0.586
Image of EthereumEthereum0.567
Image of Ethereum Name ServiceEthereum Name Service0.564
Negatively Correlated Currencies
NameCorrelation
Image of TRONTRON-0.440
Image of XDC NetworkXDC Network-0.391
Image of BitTorrentBitTorrent-0.360
Image of CantonCanton-0.326
Image of Polygon Ecosystem TokenPolygon Ecosystem Token-0.256

IoTeX price is positively correlated with the top 10 coins by market cap with a price of 0.100, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.135. Currencies that are positively correlated with IoTeX indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with IoTeX, a move in one direction for IoTeX would translate into a move in the opposite direction for the negatively correlated coin.

The CoinCheckup Cryptocurrency Price Tracker
Track over 40,000 crypto prices in real-time with ease.
Google Play Store link
4.3 • 10,000+ Ratings
Image of mobile app