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IoTeX Price Prediction – Will IOTX Price Hit $0.3 in 2022?

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IoTeX Price Prediction – Will IOTX Price Hit $0.3 in 2022? thumbnail
  • Bullish IOTX price prediction ranges from $0.046 to $0.241.
  • IOTX price might also reach $0.3 soon.
  • IOTX bearish market price prediction for 2021 is $0.020.

This IoTeX (IOTX) Price Prediction 2022 article is based on technical analysis alone. Below, you will see the key measures that we have taken into consideration upon coming up with our IOTX price analysis and prediction.

There is an ever-surging hype surrounding the crypto world. However, many cryptos spiked to a new all-time high during this 2021 bull run. In contrast, some crypto also had a downtrend. Therefore, many cryptocurrency traders and investors are confused about whether it is time to hold or sell their crypto for a good price. This might be the same scenario for the IOTX traders and investors.The price of IOTX increased by 82% in the past one year.

On the other hand, the crypto market is consolidating lately, and most cryptos are losing their previous gains. Is the IOTX price experiencing the same scenario? We’ll find out shortly in this IOTX price analysis 2022 article. But first, let’s have a look at what IOTX is.

What is IoTeX (IOTX)?

IoTeX is the auto-scalable and privacy-centric blockchain system for the Internet of Things (IoT). Moreover, the IoTeX’s global team consists of Ph.Ds in Distributed Systems, Cryptography, and Machine Learning, top-tier engineers, and experienced ecosystem builders.

IoTeX is developing several in-house technologies to push the frontier of blockchain 3.0, including a blockchains-in-blockchain architecture for heterogeneous computing, lightning-fast Roll-DPoS consensus mechanism, and lightweight privacy-preserving methodologies. IoTeX brings autonomous device coordination to the masses by combining the physical world, block by block.

Now that we have an idea about IOTX, do you think IOTX will be profitable crypto in 2022? Join me and let us see the charts in this IOTX price analysis and IOTX price prediction.

IoTeX (IOTX) Current Market Status

As of the time of writing this IoTeX price analysis, IOTX trades at $0.035 with a 24-hour trading volume of $35,926,748. The price of IOTX has increased by 5.70% in the last 24 hours.

Furthermore, the network has a current circulating supply of 9.54B IOTX. Currently, the top cryptocurrency exchanges for IOTX are Binance,  Kucoin, Mexc, Lbank, Huobi Global, Upbit, HBTC, and Xtheta Global.

Now, let’s proceed to the next part of this IOTX technical analysis for 2022.

IoTeX (IOTX) Price Analysis 2022

Currently, IoTeX holds 100th place on CoinMarketCap. But will the latest upgrades, development, and changes in the IOTX blockchain help the cryptocurrency price to reach higher? Let’s proceed to the charts in this IOTX price prediction article.

IOTX/USDT 1Day Chart Showing Keltner Channel (Source: Tradingview)

Keltner channel is a technical analysis indicator that is used to determine trend directions by measuring the volatility above or below the candlesticks. From the Keltner Channel signals for IOTX/USDT, we can deduce that the price of IoTeX might get bullish in some days since the price is bullish within the first half of the channel from the top. However, in the long-term, the price might get bullish since top cryptocurrencies like Bitcoin and Ethereum are already getting bearish from the recent bullish run.

IOTX/USDT 1Day Chart Showing Relative Strength Index (Source: Tradingview)

The Relative Strength Index (RSI) measures the relative momentum in the magnitude of recent price changes so as to deduce oversold or overbought assets. The RSI value of the 1day chart of IOTX/USDT is at 65.02. This shows that IOTX is showing a strong trend since it is between 50 and 70. With the current price action that has seen it gain for some days, the value might rise above 70, so as to indicate that the trend is overbought.

IOTX/USDT 1Day Chart Showing 200-MA and 100-MA (Source: Tradingview)

From the chart above, the 200-MA is above the 100-MA which means that long-term investors would gain. However, since the gap between the two moving averages is wide and both moving averages are above the recently formed candlesticks, the price of the coin might continue to increase.

IoTeX (IOTX) Price Prediction 2022

The chart below shows that IoTeX has performed great over the past few days. Moreover, the IOTX price is over 28.8% in the last 7 days. If this trend continues, IOTX might run along with the bulls, overtaking its $0.046 resistance1 level and climbing higher to $0.241 at the resistance9 level, the bullish signal for 2022.

IOTX/USDT 1Day Chart Showing the Key Levels (Source: Tradingview)

Conversely, if the investors turn against the crypto, the bears might take over and dethrone IOTX from its uptrend position. In simpler terms, the price of IOTX might plummet to almost $0.020, a bearish signal.

Meanwhile, our long-term IOTX price prediction for 2022 is bullish. It has a high possibility of surpassing its current all-time-high (ATH) at about $0.26 this year. However, that will only happen if it breaks many previous psychological resistances.

If this bullish trend continues, IOTX will reach $0.241 by the end of 2022. Moreover, in July 2022, IOTX is going to show fast growth, up to $0.15. Then this rise will slow down, but no major falls are expected. With upcoming, partnerships, and developments reaching $0.30 is quite optimistic in the price point of view but undoubtedly feasible for the near future.

IoTeX (IOTX) Price Prediction 2023

If IOTX holds the support level around 200-MA which is the long-term moving average, buyers will then have IoTeX time and stability to forge the next attack mission on the vital level at $1, making it not plummet but play consistently.

IoTeX (IOTX) Price Prediction 2024

As per the latest upgrades, developments, IOTX price prediction, and new project forecasts of the platform. Moreover, this might boost the price of IOTX in the crypto market, and it will be the best investment as the price can spike and reach around $4.

IoTeX (IOTX) Price Prediction 2025

In the next four years, IOTX prices could race up to $7. However, reaching this level could not be so difficult for IOTX as additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that IOTX has a high possibility of reaching a new ATH soon in the next five years as per the prediction.

IoTeX (IOTX) Price Prediction 2026

In the next five years, IOTX prices could race up to $15. However, reaching this level could not be so difficult for IOTX as additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that IOTX has a high possibility of reaching a new ATH soon in the next five years as per the prediction.

IoTeX (IOTX) Price Prediction 2027

As per the latest upgrades, developments, IOTX price prediction, and new project forecasts of the platform, IOTX investors could expect more partnerships and integrations around 2027. Moreover, this might boost the price of IOTX in the crypto market, and it will be the best investment as the price can spike and reach around $25.

IoTeX (IOTX) Price Prediction 2028

In the next six years, IOTX prices could race up to $40. However, reaching this level could not be so difficult for IOTX as additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that IOTX has a high possibility of reaching a new ATH soon in the next six years as per the prediction.

IoTeX (IOTX) Price Prediction 2029

As per the latest upgrades, developments, IOTX price prediction, and new project forecasts of the platform, IOTX investors could expect more partnerships and integrations around 2029. Moreover, this might boost the price of IOTX in the crypto market, and it will be the best investment as the price can spike and reach around $55.

IoTeX (IOTX) Price Prediction 2030

In the next eight years, IOTX prices could race up to $70. However, reaching this level could not be so difficult for IOTX as additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that IOTX has a high possibility of reaching a new ATH soon in the next eight years as per the prediction.

Conclusion

IoTeX has a bright future ahead in 2022. With the ongoing developments happening within the IOTX ecosystem, as well as in the overall crypto market, we may see IOTX reach new heights.

Bullish IOTX price prediction 2022 is $0.241. However, it may even reach $0.3 if investors have decided that IOTX is a good investment in 2022, along with mainstream cryptocurrencies like Bitcoin and Ethereum.

FAQ

What is IOTX?

IoTeX is the auto-scalable and privacy-centric blockchain platform for the Internet of Things (IoT). IoTeX also has its native digital asset called IOTX coin.

How to Buy IOTX Coins?

Users can obtain IOTX coins by purchasing them from cryptocurrency exchanges such as Huobi Global or Binance.

Will IOTX Surpass its Current ATH?

IOTX is a good investment in 2022. However, IOTX has a high possibility of surpassing its current ATH at about $0.2611 this year.

Can IOTX reach $0.3 soon?

Yes, it’s very much possible that IOTX might reach $0.3 in the near future as per the current bullish trend.

What will be the IoTeX price by 2022?

The IoTeX (IOTX) price is expected to reach $0.241 by 2022.

What will be the IoTeX price by 2023?

The IoTeX (IOTX) price is expected to reach $1 by 2023.

What will be the IoTeX price by 2024?

The IoTeX (IOTX) price is expected to reach $4 by 2024.

What will be the IoTeX price by 2025?

The IoTeX (IOTX) price is expected to reach $7 by 2025.

What will be the IoTeX price by 2026?

The IoTeX (IOTX) price is expected to reach $15 by 2026.

What will be the IoTeX price by 2027?

The IoTeX (IOTX) price is expected to reach $25 by 2027.

What will be the IoTeX price by 2028?

The IoTeX (IOTX) price is expected to reach $40 by 2028.

What will be the IoTeX price by 2029?

The IoTeX (IOTX) price is expected to reach $55 by 2029.

What will be the IoTeX price by 2030?

The IoTeX (IOTX) price is expected to reach $70 by 2030.

Disclaimer: The views and opinions expressed in this article are solely the author’s and do not necessarily reflect the views of CoinQuora. No information in this article should be interpreted as investment advice. CoinQuora encourages all users to do their own research before investing in cryptocurrencies.

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