IOTA Shatters Downtrend—$0.50 Target in Sight as Bulls Charge
After months of sluggish performance, IOTA finally breaks free from its bearish shackles. Technical indicators scream bullish reversal—traders are eyeing a potential 100% surge toward $0.50.
The Setup:
A textbook breakout from a descending wedge pattern—classic reversal signal. Volume spikes confirm buyer conviction, while skeptics mutter about ’crypto gravity’ and overleveraged hedge funds.
Why It Matters:
If momentum holds, this could mark IOTA’s first sustained uptrend since the 2021 mania. Just don’t mention the ’FOMO’ word to anyone who bought the top last time.
Cynical Bonus:
Another day, another altcoin rally. Wall Street bankers are probably shorting it with your pension fund.
- IOTA posts 7.97% daily surge amid technical breakout and bullish divergence signals.
- TWIN Foundation launches with IOTA’s support to tackle inefficiencies in global trade.
- Price targets suggest upside to $0.50, with analysts watching for bullish confirmation post-retest.
IOTA is trading at $0.2491 with a 7.97% daily gain and a 25.58% gain on a weekly basis. Even with a 51.90% 24-hour drop in the volume of $32.84 million, the sentiment among investors is positive following the breakout from a long downtrend channel.
As per renowned crypto analyst VipRoseTr, IOTA is testing the top of this violated trend channel and is presently acting as a key support point. The technical charts show a positive divergence that should mark the end of the token’s prolonged downtrend. The Relative Strength Index (RSI) shows it is creating higher lows even when price had gone lower earlier, a standard sign of a turning point.
The current configuration suggests a positive outlook if the retest of $0.21–$0.22 is sustained. Four step-by-step upside targets have been plotted by analysts: $0.28, $0.31, $0.40, and $0.50. These levels correspond both with technical levels of resistance and psychological marks, with the $0.50 target a possible 100% extension from the breakout level.
The Launch of TWIN Foundation
Alongside its technical resurgence, IOTA has advanced strongly in its practical applicability with its participation in the recently established TWIN Foundation. The foundation, created together with six international partners, is aimed at eliminating inefficiencies in world trade by incorporating decentralized technologies into trade infrastructure.
“The aspiration is an open and neutral digital infrastructure that links people and countries,” added Dominik Schiener, Co-Founder and Chairman of the IOTA Foundation. The emphasis of the foundation on developing economies and the transformation of policies is a strategic turn against the escalation of protectionism towards more open and interoperable forms of trade systems.
Experts posit that with the incorporation of real-time sharing of information and decentralization into international trade, TWIN could redesign transborder interactions. Industries have already taken note of the initiative with cautious Optimism regarding its long-term prospects.
IOTA price forecast for 2025
Aside from current price action, long-term projections continue positive. IOTA is likely to surpass $0.55 by 2025. This not only reclaims early 2021 highs but aims toward testing its all-time high of $5.69.
Experts predict that a break over interim highs like $0.47 to $0.55 is all it WOULD take to ensure a conclusive turnaround and set up IOTA for long-term growth. Combined with the practical uses of its tech in international commerce, the token seems to be headed into a turning point moment in both chart and world affairs.
