IOTA Price Prediction as $10 Million Trading Volume Comes In

IOTA's price landscape is becoming increasingly intriguing. As of today, IOTA stands at $0.162407, marking a modest increase of 0.63% within the past 24 hours. With a significant trading volume of $14,380,606, speculations about potential whale investments are rife. Examining IOTA's technical landscape reveals a surge of bullish momentum, following a strong support foundation around the $0.1325 mark. As evidenced by the daily timeframe, the coin has successfully surpassed the 38.2% Fibonacci retracement level, previously a significant barrier at the $0.1570 mark. Concurrently, a bullish, engulfing candlestick pattern has manifested, bolstering the prospects of an ongoing bullish trend.

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