$IO #IOInternetofGPUs @io.net

io.net (IO) Price Prediction 2024

The 15-minute chart indicates that the IO token is approaching a significant resistance level at $5.215. If the current upward trend continues, this resistance could be breached, potentially increasing IO’s market value.

IO/USD 15-min Chart (Source: Tradingview)

Moreover, the Awesome Oscillator suggests a strengthening bullish trend, highlighted by the expanding bars in the positive territory, which currently stand at 0.6734. This further confirms the robustness of the bullish momentum in IO’s trading activity.

io.net (IO) Price Prediction – Resistance and Support Levels

A comprehensive analysis of the IO token’s trading patterns indicates a pivotal moment, as it recently reached a new all-time high. Data from Coin Edition shows that the IO token has surpassed its resistance level of $5.261.

IO/USD 15-min Chart (Source: Tradingview)

The breakthrough above this threshold signals the potential for further gains, with the IO price possibly targeting the $6 mark soon. Conversely, the IO token might experience a price decline if it struggles to advance. In such a scenario, the token could find support at lower levels, possibly around $4.39, or even drop to deeper support levels at $3.538.#BinanceTurns7 #BTC_Bounce_Back_to_57k