Made by aloisov #IOST 12H
Cryptovizor data: TREND 🟢🟢🟢🟢🔴 MA 🔴 RSI 🟡 18.05.2023
Volume 1D 826.61K CD Week -106.68K
#IOST, an ultra-fast blockchain network based on the proof-of-believability consensus protocol, is currently below the moving averages and has lost a key support level around the 0.618 Fibonacci level. However, it has formed a new higher low (HL) and is bouncing back convincingly.
The forecast suggests a further rebound towards the Point of Control (POC) in the $0.01 range. After reaching this point, a consolidation phase will likely be needed for further growth. In this ever-changing crypto market, it's crucial to stay updated and make informed decisions.
