Technical Analysis of $IO Coin:
Current Price and Trend
The current price of IO coin is $2.162, showing a slight decrease of 0.28% in the last hour.
Moving Averages
MA(7): 2.192
MA(25): 2.153
MA(99): 2.200
Price Range and Volume
24h High: 2.299
24h Low: 1.991
24h Vol(IO): 28.74M
24h Vol(USDT): 61.55M
Market Analysis
The coin has been fluctuating, hitting a low of 1.991 before recovering to the current price level. The moving averages show that the price is currently below the MA(7) and MA(99), indicating a potential bearish trend, but above the MA(25), suggesting some recent upward momentum.
Key Observations
The coin is trading close to its moving averages, indicating potential consolidation or indecision in the market.
The 24h trading volume indicates moderate activity and interest.
Monitoring is required to see if the price can maintain above the MA(25) or break below
