Everipedia IQ Technical Analysis 2021 for Crypto Trader

Everipedia (IQ) Technical Analysis 2021 for Crypto Trader

In Everipedia Technical Analysis 2021, we use past statistics, price patterns, RSI, and much other information about IQ to analyze the future movement of the cryptocurrency. 

Everipedia is generally called an encyclopedia of the next generation rebuilt for the modern age. More so, with more than 6 million articles and counting, it is said to be the world’s leading English encyclopedia by content. More so, Everipedia is free from ads and free to utilize for all under innovative commons.

Everipedia IQ Current Market Status

According to CoinGecko, the IQ price is trading at $0.019 with a 24-hour trading volume of $64,710,634, at the time of writing. However, IQ has increased by 9.4% in the last 24 hours.

Moreover, Everipedia has a circulating supply of 10.01B IQ. Currently, IQ trades in Binance, OKEx, Upbit, Bitfinex, and DragonEX. 

Everipedia Technical Analysis 2021 

The recent development and upgrades might push Everipedia (IQ) to reach new heights. Now, let’s deep dive into the Everipedia IQ technical analysis 2021. The weekly time frame chart with two views of the pattern of Everipedia (IQ) is shown below.

IQ/USDT Falling Wedge Pattern
IQ/USDT Falling Wedge Pattern (Source: Tradingview)

The above chart shows the Falling Wedge Pattern of Everipedia. Moreover, the Falling Wedge is a bullish pattern that begins wide at the top and contracts as prices move lower. However, this price action forms a cone that goes down as the reaction highs and reaction lows converge. This shows the IQ price will surge even higher overtaking its all-time high price in the near future. This is a result of the huge trading volume that happened in that period.

Everipedia IQ RSI, MACD, and MA

The below chart shows the Moving Average Convergence/Divergence (MACD) of IQ. Notably, the MACD (blue) stays just above the signal indicator (orange line) making a bullish crossover.  This means that cryptocurrency traders can still expect more bullish days ahead. 

In contrast, if the MACD begins to move above the signal indicator and performs a bearish crossover. Then the crypto has a high possibility of reaching new lows.

IQ RSI and MACD
IQ RSI and MACD (Source: TradingView)

Now let’s look at the relative strength index (RSI) of IQ. As shown in the chart above, the RSI remains at level 62. This shows that IQ’s price is in a nearly overbought state. However, this gives confidence for the traders to trade without any fear.

IQ’s Moving Average (MA) and Exponential Moving Average (EMA) is shown in the chart below. Moreover, MA is a part of technical analysis that helps traders to recognize trends. While EMA is a type of moving average.

IQ 30-day SMA and 50-day EMA
IQ 30-day SMA and 50-day EMA (Source:TradingView)

From the beginning of 2021, it is clear that the IQ price has shown many bullish patterns. Furthermore, taking all these into account, IQ could have a competitive market in 2021.

Conclusion

With the ongoing developments and upgrades that are taking place within the IQ platform. The cryptocurrency IQ has a fantastic future ahead in this crypto market. However, it is possible to see IQ reaching new heights.

Bullish Everipedia IQ price prediction 2021 is $0.045. As said above, it may reach great heights, however reaching $0.5 if investors have decided that IQ is a good investment in 2021.

FAQ

What is Everipedia IQ?

Everipedia is generally called an encyclopedia of the next generation rebuilt for the modern age. Its native token is IQ.

Where can you purchase IQ?

IQ is listed on many cryptocurrency exchanges that include Binance, OKEx, Upbit, Bitfinex, and DragonEX. In which the crypto is available to be traded against fiat currencies, stablecoins, and other cryptos.

Will IQ reach a new ATH soon?

With the ongoing developments and upgrades within the IQ platform, it has the high possibility of reaching its ATH soon.

Disclaimer: The opinion expressed in this chart solely author’s. It does not interpreted as investment advice. TheNewsCrypto team encourages all to do their own research before investing.

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Cryptocurrency and blockchain tech interest has enticed Carolyna to write for NewsCrypto. She made her personal mission to help non-crypto geeks to understand the technology with ease.