IOTA Primed for 95% Rally as Rebased Launch Nears—Traders Bet Big on DAG Tech
IOTA’s price charts scream breakout potential—technical indicators flash the most bullish signals since 2021. The Rebased upgrade’s Tangle 2.0 promises zero-fee transactions, and crypto degens are piling in ahead of the mainnet switch.
Why this matters: Most layer-1 tokens are still wrestling with gas fees and validator politics. IOTA’s directed acyclic graph (DAG) architecture bypasses those bottlenecks entirely—if it delivers.
Watch the $0.25 resistance level. A clean break could trigger algorithmic buying sprees from quant funds still chasing the ’next Solana.’ Just don’t mention the 2018 crash to bagholders.
Wall Street analysts remain skeptical (shocking, we know). ’Show me the institutional adoption,’ grumbles one JP Morgan strategist while secretly mining Shiba Inu on his work laptop.
IOTA price technical analysis
The daily chart shows that the IOTA price has rebounded strongly over the past few days. Most of these gains followed the announcement of the Rebased upgrade roadmap.
The coin has broken above the upper side of the falling wedge chart pattern, a popular bullish signal. It has also moved above the 50-day moving average and the key resistance level at $0.2095, the highest swing on March 26.
Therefore, the IOTA token will likely continue rising as bulls target the next key resistance at $0.4235, the highest swing on January 17. This price is about 95% above the current level. A drop below the support at $0.15 would invalidate the bullish forecast.
