IOST (IOST) Price Prediction 2023 — Will IOST Hit $0.1 Soon?

IOST (IOST) Price Prediction 2022 — Will IOST Hit $0.1 Soon?
  • Bullish IOST price prediction is $0.00938 to $0.02549.
  • IOST (IOST) price might also reach $0.1 soon.
  • Bearish IOST  price prediction for 2023 is $0.00639.

In IOST (IOST) price prediction 2023, we use statistics, price patterns, RSI, RVOL, and other information about IOST to analyze the future movement of the cryptocurrency.

IOST (IOST) Current Market Status

Current Price $0.009360
24 – Hour Trading Volume $10,060,696
24 – Hour Price Change 0.1% down
Circulating Supply 18,588,745,668
All – Time High $0.129829 (On Jan 24, 2018) 
IOST Current Market Status (Source: CoinGecko)

IOST (IOST) Price Prediction 2023

IOST (IOST) holds the 174th position on CoinGecko right now. IOST price prediction 2023 is explained below with a daily time frame.

IOST /USDT Horizontal channel Pattern (Source: Tradingview)

The above chart of IOST (IOST)  laid out a Horizontal channel pattern, also known as sideways trend. In order to indicate how the price is constrained between the upper line of resistance and lower line of support, horizontal channels are trend lines that join changeable price highs and lows.

Currently, IOST (IOST) is in the range of $0.0092. If the pattern continues, the price of IOST  might reach the resistance levels of $0.00938 and $0.01388. If the trend reverses, then the price of IOST may fall to $0.00778 and $0.00646.

IOST (IOST) Support and Resistance Levels

The chart below shows the support and resistance levels of IOST (IOST).

IOST /USDT Support and Resistance Levels (Source: Tradingview)

From the above chart, it observed that the following are the resistance and support levels of IOST.

Resistance Level 1$0.01005
Resistance Level 2$0.01642
Resistance  Level 3 $0.02549
Support Level$0.00639
IOST /USDT Support and Resistance Levels (Source: Tradingview)

The charts show that IOST (IOST)  has performed a bullish trend over the past month. If this trend continues, IOST might run along with the bulls overtaking its resistance level at   $0.02549.

Accordingly, if the investors turn against crypto, the price of IOST (IOST)  might plummet to almost $0.00639, a bearish signal.

IOST (IOST) Price Prediction 2023 — RVOL, MA, and RSI

The Relative Volume (RVOL) of IOST (IOST) is shown in the chart below. It is an indicator of how the current trading volume has changed over a period of time from the previous trading volume. Currently, the RVOL of IOST lies below the cutoff line, indicating weak  participants in the current trend.

IOST /USDT RVOL, MA, RSI (Source: Tradingview)

Also, the Moving Average (MA) of IOST (IOST) is shown in the chart above. Notably,  IOST (IOST) price lies below 50 MA (short-term), so it is downward . Currently, IOST has entered a bearish state. Therefore, there is a possibility of a reversal trend of IOST at any time.

Meanwhile, the relative strength index (RSI) of the IOST is 79.49. This means that IOST (IOST) is in an overbought state. However, this means a major price reversal of IOST may occur in the upcoming days. So, traders need to trade carefully. 

IOST (IOST) Price Prediction 2023 — ADX, RVI

Let us now look at the Average Directional Index (ADX) of IOST (IOST). It helps to measure the overall strength of the trend. The indicator is the average of the expanding price range values. This system attempts to measure the strength of price movement in the positive and negative directions using DMI indicators with ADX.

IOST /USDT ADX, RVI (Source: Tradingview)

The above chart represents the ADX of IOST (IOST). Currently, the ADX of IOST lies in the range of 20.32 and thus, it indicates a  weak trend. 

The above chart also represents the Relative Volatility Index (RVI) of IOST (IOST). RVI measures the constant deviation of price changes over a period of time. The RVI of IOST lies above 50, indicating high volatility. In fact, the RSI of IOST (IOST) is at 79.49 thus confirming a potential buy signal.

Comparison of IOST with BTC, ETH

The below chart shows the price comparison between Bitcoin (BTC), Ethereum (ETH), and  IOST (IOST).


BTC Vs ETH Vs IOST  Price Comparison (Source: Tradingview)

From the above chart, we can interpret that the price action of IOST is similar to BTC and  ETH . This indicates that when  the price of BTC and  ETH  increases  or decreases  the price of IOST also increases or  decreases respectively.

IOST (IOST) Price Prediction 2024-2030

Numerous factors are taken into account when forecasting prices including volume changes, price variations, market cycles, and similar coins. Let’s predict the price of IOST (IOST) ) between 2024 and 2030.

IOST (IOST) Price Prediction 2024

If the declining price action completely slows down in momentum and the trend reverses,  IOST (IOST) might probably attain $0.3 by 2024.

IOST (IOST) Price Prediction 2025

With several upgrades in the network, IOST (IOST) might enter a bullish trajectory. If the coin grabs the attention of major investors, IOST might rally to hit $0.5 by 2025. 

IOST (IOST) Price Prediction 2026

If IOST (IOST) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 7 years, IOST would rally to hit $0.7. 

IOST (IOST) Price Prediction 2027

If IOST (IOST) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 4 years, IOST would rally to hit $0.9. 

IOST (IOST) Price Prediction 2028

If IOST (IOST) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 5 years, IOST would rally to hit $1. 

IOST (IOST) Price Prediction 2029

IOST (IOST) holds up a strong stance as a better investment option for the next 6 years amid the trends in the highly-volatile crypto market. By driving significant price rallies, IOST would hit $3. in 2029.

IOST (IOST) Price Prediction 2030

If investors flock in and continue to place their bets on IOST (IOST), it would witness major spikes. IOST might hit $5 by 2030.

Conclusion

With continuous improvements in the IOSTNetwork, we can say that 2023 is a good year for IOST. For this reason, the bullish price prediction of IOST (IOST) in 2023 is $0.02549. On the other hand,  the bearish price prediction of IOST (IOST) price prediction for 2023 is $0.00639.

Furthermore, with the advancements and upgrades to the IOST  ecosystem, the performance of IOST would help to reach above its current all-time high (ATH) of $0.129829 very soon. But, it might also reach $0.1 if the investors believe that IOST is a good investment in 2023.

FAQ

1.   What is IOST (IOST)?

IOST stands for Internet of Service Token. It is a self-possessed ultra-fast, fully-fledged and decentralized blockchain network.  IOST’s blockchain network is open-source and designed to be secure and scalable.

2.  Where can you purchase IOST (IOST)?

IOST (IOST) has been listed on many crypto exchanges which include  Binance, OKX,  DigiFinex,  FMFW.io, KuCoin.

3.   Will IOST (IOST) reach a new ATH soon?

With the ongoing developments and upgrades within the Basic Attention Token Platform, IOST  has a high possibility of reaching its ATH soon.

4.   What is the current all-time high (ATH) of IOST (IOST)?

On January  24, 2018  IOST (IOST) reached its new all-time high (ATH) of  $0.129829.

5.Is IOST (IOST) a good investment in 2023?

IOST (IOST) seems to be one of the top-gaining cryptocurrencies this year. According to the recorded achievements of Basic Attention Token In the past few months, IOST  is considered a good investment in 2023.

6. Can IOST (IOST) reach $0.1?

IOST (IOST) is one of the active cryptos that continues to maintain its bullish state. Eventually, if this bullish trend continues then IOST (IOST) will hit $0.1soon.

7.  What will be IOST (IOST) price by 2024?

 Flamingo (FLM) price is expected to reach $3 by 2023. IOST (IOST) price is expected to reach $0.3 by 2024.

8.  What will be IOST (IOST) price by 2025?

 IOST (IOST) price is expected to reach $0.5 by 2025.

9. What will be IOST (IOST) price by 2026?

 IOST (IOST) price is expected to reach $0.7 by 2026.

10.What will be IOST (IOST) price by 2027?

 IOST (IOST) price is expected to reach $0.9 by 2027.  

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

A dedicated writer who shows her interest in writing all sorts of content about the cryptocurrency market in NewsCrypto. She is an enthusiastic reader and writer with passion for sharing crypto news and trends.