Are you watching the IOTA charts and wondering what the next move might be for this veteran altcoin? Then you’re in the right place. The IOTA token has seen its fair share of volatility, with sharp swings keeping both traders and long-term holders on edge. After a subdued start to the year, the asset has struggled to gain bullish momentum. Since the beginning of 2025, the IOTA price has lost around 40% of its value, suggesting a bearish outlook for IOTA and the broader altcoin market. However, recent shifts in volume and sentiment could open the door to new opportunities. Let’s take a closer look at the recent IOTA price action and evaluate what the charts suggest for its short-term direction.
IOTA Price Analysis for May 5, 2025
IOTA commenced trading at a price of $0.2070. The day began with a death cross flashing on the MACD, leading to a slight downturn to $0.2051 within the first hour of trading. At 1:10 UTC, a golden cross emerged, and the price rose to $0.2105 by 2:05 UTC. However, the RSI also grew to near-overbought levels, instigating a price decline. The downtrend was confirmed by the 2:30 UTC death cross, and IOTA soon slumped to $0.2029. The RSI dipped just below 30 momentarily, prompting a quick reversal, but the bullish pressure lost steam at $0.2062. Another downtrend ensued as a series of death crosses formed starting at 6:10 UTC. This potent trend led the price down to $.2004.
IOTA/USDT Chart, analyzed by raodevansh18, published on TradingView, May 5, 2025
The RSI decisively slumped into the oversold territory. At 9:55 UTC, a wide golden cross formed, and IOTA spiked up to $0.2075. A short, sharp correction did follow, but an uptrend spawned, and the IOTA price climbed comfortably $0.2117 by 13:05 UTC. A brief reversal was seen, but turned out to be just a bullish flag as the uptrend continued and IOTA reached $0.2147 by 15:55 UTC. This sublime run also led the RSI into the overbought zone once again, prompting a sharp momentum shift.
The price spiked down to $0.2060. The bearish pressure continued to push the price down to $0.2030 by 19:20 UTC. The coin touched oversold levels at this point, and a confident uptrend followed thanks to consecutive golden crosses on the MACD indicator. The upward IOTA breakout led it to $0.2102. Some correction was seen as the price returned to $0.2059. By midnight, the IOTA token was trading at $0.2070.
IOTA Fails to Stage Further Ups, Relinquishes Support at $0.2000
IOTA climbed to $0.2100 early today, but failed to retain that level. A death cross formed at 1:00 UTC, as the price slumped to $0.2030. The buying pressure mounted again, and an upward trend to $0.2106 formed. However, at this point, the RSI indicated overbought conditions. A strong reversal ensued, and the IOTA token fell to $0.2059. A trading range was seen, but ended with a downward IOTA breakout. The following downtrend pulled the price below the $.2000 support. The dip below support was momentary, and a short reversal was seen. As of the latest update, IOTA trades at $0.2009.
Short-Term Reversal On the Cards As IOTA Looks to Ascend Again
The most recent downtrend led the RSI deep into the oversold territory. While this has sparked hopes of a strong reversal, the upward movement has been rather subdued. Given that, the bulls may be stalled, but may return to assume control soon. If the support level survives another test in the coming hours, which sounds unlikely, the bulls can attempt to push the IOTA price up. If not, we may be looking at a new bottom around the $0.1960-$0.1980 range.
IOTA (IOTA) Price Analysis for May 9, 2025
The IOTA price has shown a persistent upward climb over the past 24 hours, marked by several clear rallies. Despite intermittent consolidation zones and brief corrective dips, bullish momentum has remained steady. The pullbacks have lacked strength, allowing the price to recover quickly and continue its ascent toward higher levels. The IOTA token commenced trading yesterday at $0.2057. Early indecision was seen as the movement lacked a clear direction. But, with the golden cross at 00:55 UTC, a strong uptrend was sparked, and the price rose to $0.2146 by 4:25 UTC.
IOTA/USDT, M-5 Chart, analyzed by raodevansh18, published on TradingView, May 9, 2025
The RSI ventured into the overbought zone with this rise. Some consolidation was seen just below the $0.2150 level. However, the bullish pressure continued to push the price up to $0.2200 by 7:30 UTC. With the RSI overbought again, an extended bearish crossover formed on the MACD indicator, which usually signals a decline. But, the IOTA price showed remarkable resilience, avoiding downturns by consolidating in a narrow trading range. This consolidatory phase was rather elongated, lasting from 8:00 UTC to 13:15 UTC. Finally, at this point, the bears succeeded in pushing a downward IOTA breakout. The price quickly found support at the $0.2150 level.
IOTA Avoids Downturns, Displays Strong Bullish Resilience
The RSI momentarily dipped into the oversold territory, signalling bearish exhaustion. A wide golden cross formed, and the price rose to $0.2240 by 16:35 UTC. Just when the EMAs started converging for a death cross, the price started displaying sideways movement again. This consolidation lasted till 19:50 UTC, when a positive IOTA breakout was observed. A golden cross formed at 19:25 UTC, pushing the price up to $0.2315 by 21:20 UTC. Once again, as the bearish pressure built up to affect a reversal, the price started consolidating in a narrow trading range above the $0.2270 level. The IOTA price avoided any downturns. By midnight, the price stood at $0.2310.
IOTA Rides Out Bearish Pressure, Continues Rally to $0.2450
The initial hour of trading did not display any directional behavior on the charts. However, at 1:15 UTC, a narrow golden cross formed, and an upward trend to $0.2335 was seen. The RSI was hovering near the overbought zone at this point. At 3:20 UTC, a death cross formed, and investors expected a strong downturn. But, IOTA found a stable bottom at 0.2280. The EMAs started converging again, and the price found renewed bullish pressure. Another ascent began as the IOTA token moved up slowly at first, reaching $0.2315 by 6:00 UTC.
At 6:20 UTC, the golden cross widened, and the uptrend was intensified. The coin rapidly made its way up to $0.2450 by 8:30 UTC. The RSI was heavily overbought throughout this rapid rise, prompting a strong downtrend. The 8:35 death cross validated the downtrend, pulling the price down to $0.2350. Since then, IOTA has been able to find some bullish pressure, moving up to $0.2410. As of the latest update, IOTA trades at $0.2361.
Bears Seem to Regain Control, IOTA Vies for $.2450 Resistance Test
As of now, the bears seem to have regained some control over the IOTA price. The price has found temporary support at $0.2350. But, the current bearish trend looks potent enough to lead the price to test the support level. If the support level can prevent a strong downturn, a $0.2450 resistance test is highly likely. However, a confirmed IOTA breakout from either of these levels will dictate the price action for the coming days.
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