IOST Price Prediction 2022 – Will IOST Hit $0.1 Soon?

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

There are various cryptocurrencies that rose to a new all-time during this 2021 bull run. In contrast, some crypto assets also faced a price drop. As a result, many digital currency traders are worried about whether it is time to hold or sell their digital assets. This is also the same situation that crypto traders could experience in IOST.

Nevertheless, the crypto market is consolidating, and many cryptocurrencies are losing their previous profits. Will IOST experience the same price volatility? We’ll find out shortly in this IOST price analysis 2022 article. But first, let’s have a look at what IOST is.

What is IOST (IOST)?

IOST is described as an ultra-fast, fully-fledged and decentralized blockchain network ecosystem with its own nodes, wallets, and related on the next-generation consensus protocol dubbed proof-of-believability.

This platform is led by a team of proven founders and backed by world-class investors. Moreover, the company’s mission is to be the underlying architecture for online services that meets the security and scalability needs of a decentralized economy.

However, the IOST network consists of Nodes run by their community making sure of security, decentralization, and self-governance. More so, the IOST encourages all parties to connect with the Node Partners. Program and help build the IOST environment while earning rewards, sharing profits, and shaping the future of IOST. Furthermore, the low cost, zero barrier, high rewards, no node cap. Registration and voting are forever open.

Now that we are clear about IOST do you think IOST will be profitable crypto in 2022? Join me and let us see the charts in this IOST price analysis and IOST price prediction.

IOST Current Market Status

As of the time of writing this IOST price analysis, IOST trades at $0.045 with a 24-hour trading volume of $1,805,627,120. The price of IOST has decreased by 5.73% in the last 24 hours. It has a circulating supply of 18.59B IOST.

Currently, the top cryptocurrency exchanges for IOST are  Binance, OKEx, Huobi Global, Upbit, and BitZ. Now, let’s go to the next part of this IOST technical analysis for 2022.

IOST Price Analysis 2022

Currently, IOST holds 96th place on CoinMarketCap. But will the latest upgrades, development, and changes in the IOST blockchain help the cryptocurrency price to reach higher? Let’s proceed to the charts in this IOST price prediction article.

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 IOST/USDT, we can deduce that the price of IOST might remain bullish for some days since the price is increasing above the top of the channel. 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.

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 is 86.36.  This shows that IOST is showing an overbought trend since the RSI value lies between 70 and 100. This value can trigger a further bullish run since more buyers might be repositioning as the value is moving further from the 70 RSI value which is the overbought region.

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 large and both the 200-MA and the 100-MA are below the recent candlesticks, there might be a continuation of the recent bullish run. However, traders should watch out for price actions at the key levels.

IOST Price Prediction

The chart below shows that IOST has performed great over the past few days and has increased by 98.2% in the past 14 days. Moreover, the IOST price shows a bullish trend. If this trend continues, IOST might run along with the bulls, overtaking its $0.048 resistance1 level and moving higher to $0.081 at resistance3, the 2022 bullish signal.

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

Meanwhile, our long-term IOST price prediction for 2022 is bullish. It has a high possibility of reaching new heights. However, that will only happen if it breaks many past psychological resistances.

IOST Price Prediction 2022

If IOST moves in a bullish trend, IOST will reach $0.081 by the end of 2022. Moreover, the first half of 2022 is going to show fast growth, up to $0.060. Then this rise will slow down, but no major falls are expected. With upcoming partnerships, and developments reaching $0.1 is quite optimistic in the price point of view but undoubtedly feasible for the near future. This indicates that IOST has a high possibility of reaching a new ATH soon.

IOST Price Prediction 2023

The price of IOST can move even great heights, however reaching $0.4. Moreover, this is possible only if the market maintains its bullish trend. In addition, only if the cryptocurrency IOST breaks past the psychological resistance level.

IOST Price Prediction 2024

As per the latest upgrades, developments, IOST price prediction, and new project forecasts of the platform the price surges. Moreover, this might boost the price of IOST in the crypto market, and it will be the best investment as the price can spike and reach around $1.

IOST Price Prediction 2025

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

IOST Price Prediction 2026

In the next five years, IOST prices could race up to $10. However, reaching this level could not be so difficult for IOST as additional medium, short-term, and long-term price targets could be found to purchase or sell orders.

Conclusion

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

Bullish IOST price prediction for 2022 is $0.081. As said above, it may even reach its new ATH if investors have decided that IOST is a good investment in 2022, along with mainstream cryptocurrencies like Bitcoin and Ethereum.

FAQ

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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