📊 4H Analysis:
$IOST is currently trading within an accumulation range despite the year-end sell pressure caused by fiscal conditions. Many investors are selling assets to close their books for 2024, leading to low buy liquidity across the market.
Even with this pressure, #IOST has maintained its range for over a week, signaling resilience and a potential breakout.

🔑 Key Levels to Watch:
• Resistance: 0.0074 USD
• If broken and flipped into support, we could see a new Higher High (HH) and a bullish rally.


⏳ Outlook:
Patience is key here. A confirmed breakout above 0.0074 USD could signal the start of a new upward trend. Stay vigilant and ready to act as opportunities emerge.

💡 What’s your plan for IOST? Let’s discuss below!
#IOSTUSDT #CryptoAnalysis #Altcoins #Breakout

$IOST

Hey Binance Fam,
Let's talk IOST (IOST)! 👀 This cryptocurrency is showing some serious bullish potential, and we're here to break it down for you.
What's the Buzz About?
IOST has a strong support block, which is like a solid foundation for its future growth. Think of it as a sturdy base camp before a thrilling mountain climb! 🏔️ This support block is crucial because it indicates that IOST has the potential to withstand market fluctuations and continue its upward trajectory.
What Does This Mean for You?
This is a fantastic opportunity for investors! 🤑 We recommend buying IOST in stages, meaning you don't have to invest everything at once. This approach allows you to gradually increase your position while minimizing risk.
What are the Targets?
Our short-term target for IOST is a whopping 20% return! 📈 That's right, we're talking about significant gains. However, remember that the cryptocurrency market can be volatile, so it's always wise to invest responsibly and manage your risk.
Ready to Ride the IOST Wave?
If you're looking for a cryptocurrency with a solid foundation and the potential for substantial growth, IOST might be the perfect fit for you. 🌊 Remember to do your own research and consult with a financial advisor before making any investment decisions.
Stay Tuned for More Updates!
We'll continue to monitor IOST's performance and provide you with the latest insights. So, keep an eye on our channel for more exciting news and analysis.
Disclaimer: This is not financial advice. Please do your own research before making any investment decisions.
#IOST #Binance #Cryptocurrency #BullRun #Investment

#IOST is moving within a narrowing wedge pattern, approaching a potential breakout point.
📌 Key Levels to Watch:
🟢 Support: $0.0066🔼 Resistance: $0.0077

#sxp $IOST

Date: Fri, Dec 27, 2024, 03:54 PM GMT
In the cryptocurrency market, since the past two weeks we are seeing major corrections in altcoins as Bitcoin (BTC) has dropped from its recent all-time high (ATH) of $108,000 to its current price of $94,500. Amid this, $IOST has also experienced a pullback, hitting a low of $0.57 before recovering to its current price of $0.66.

Source: Coinmarketcap
The recent price action suggests a potential bullish reversal could be underway, as highlighted by crypto chart expert @JohncyCrypto.
Retesting Its Falling Wedge
IOST has recently achieved a noteworthy technical breakout from a long-standing Falling Wedge pattern, a bullish reversal setup that has been developing for over three years. This pattern is characterized by converging descending trendlines of support and resistance, reflecting decreasing selling pressure over time.

Source: @JohncyCrypto (X)
Recently, IOST breached the wedge’s upper boundary with a sharp move upward, but the price has since retraced to retest the breakout level near $0.0060. Retests are critical in confirming a breakout’s validity. The current price action aligns with this behavior, as IOST hovers near the breakout point while forming higher lows—indicative of potential bullish continuation.
As per analysts, if IOST sustains above the breakout zone, it could target key resistance levels at $0.012, $0.0145, $0.0195, $0.0270, and $0.0404.
These levels correspond to significant resistance zones identified through historical price action and volume profile analysis.
Could a Reversal Be Near?
The broader altcoin recovery will depend on Bitcoin dominance, which currently stands at 57.89%. A decline in Bitcoin dominance could favor altcoins like IOST, as capital rotates from Bitcoin into the altcoin market.
However, caution is warranted. If IOST fails to sustain above the breakout level near $0.0060, it could re-enter the wedge and potentially retest lower support levels around $0.0045.
Get more updates on: coinsprobe.com
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your own research before making investment decisions.
#IOST

#IOST 简介
IOST 成立于2017年，总部位于新加坡，获得了红杉资本、Matrix 和真格基金等全球顶级投资机构的支持。如今，IOST 正通过 PayPIN 全面升级为 Web3 去中心化支付网络。通过 PayPIN，IOST 已构建起一个去中心化的 Web3 支付网络，旨在彻底改变 Web3 领域的支付体验。
基于 IOST 3.0，PayPIN 利用链抽象层、去中心化身份（DID）和统一支付协议，实现无缝的跨链支付和多链资产管理。为进一步提升性能和可扩展性，PayPIN 集成了 Layer-2 解决方案 PayFi，从而能够连接更广泛的区块链生态并支持多种支付场景。

官网：iost.io
区块浏览器：iostscan.com
Link3：link3.to/iost
Zendesk: iost.zendesk.com
IOST 中文社区 X: x.com/IOST_CN
IOST 中文社区 Telegram: t.me/IOSTChina
IOST 中文社区 Medium: medium.com/iost-cn
IOST 进展双周报｜2024.12.10–2024.12.23 was originally published in IOST_CN on Medium, where people are continuing the conversation by highlighting and responding to this story.