Technical analysis by Andrey_Crypto about Symbol IOTA on 12/18/2023

Review I suggest looking at this coin from a long-term perspective, because this is one of those assets that you can take into your portfolio. Throughout the bear market, buyers were able to hold onto 2 year support. Since June 2023, the price has increased by 175%, which gives us excellent prospects for big growth during the altseason. It’s not worth buying a coin right now, because it’s very likely that we can see another good drop in alts. In the near future, we also expect that the coin will move in the channel, which began to form back in 2018. Why is it worth taking a closer look at this particular coin? IOTA became the first registered distributed ledger technology (DLT) fund under the auspices of the Abu Dhabi Global Market (ADGM) in the UAE. The move highlighted IOTA as a leader in digital finance in the Middle East and North Africa (MENA) region. Also you can ask for only 1 altcoins analysis and i will try to do my best to cover as much as i can✍️