IOTA price is at a critical juncture , with daily and hourly charts reflecting a battle between sellers and buyers. On June 12, 2025, [IOTA price dropped to $0.1861 on the daily chart**](https://www.okx.com/join/BLOCKSTAR) **and $0.1846 on the hourly chart, raising concerns about whether a steeper decline or a short-term reversal is imminent. Here’s a detailed technical analysis.
IOTA Price Prediction: What Does the Daily Chart Show?
👉 IOTA/USD Daily Chart - TradingView
In the daily chart, IOTA price fell nearly 4% today, hovering above a strong support zone between $0.184 and $0.180. The 20-day EMA ($0.1912) and 50-day EMA ($0.2106) remain above the current price, indicating bearish control. The 200-day EMA at $0.2492 acts as a ceiling for any mid-term rebound.
The May rally pushing IOTA toward $0.26 failed to establish a higher high, confirming the downtrend. Fibonacci retracement levels from April’s low to May’s high highlight key supports at $0.182 (38.2%) and $0.162 (61.8%). A recent bounce at $0.1849 makes this level pivotal—a breakdown could trigger a swift drop to $0.16.
Does the Hourly Chart Suggest a Short-Lived Rebound?
IOTA’s hourly chart shows consolidation, with repeated rejections at $0.20 resistance. A false breakout to $0.215 on June 10 was quickly reversed, indicating weak bullish momentum. Converging EMAs ($0.1875–$0.1907) act as a gravitational zone. A hold above $0.190 could push prices to $0.198–$0.205, but the latest candle trading below key EMAs hints at further downside.
Is IOTA Oversold? RSI and Price Action Say Yes
Both timeframes show RSI nearing oversold territory. Sustained declines without major rebounds suggest seller exhaustion. A 6% mean-reversion bounce from $0.1861 could target $0.197–$0.200, provided support holds.
Worst-Case Scenario: What If $0.18 Breaks?
A break below $0.1849 could send IOTA to $0.162 (12.9% drop). This would likely trigger sell orders, pushing prices to multi-month lows.
Rebound or Crash?
IOTA’s short-term indicators suggest a potential 6% rise to $0.197–$0.200 if $0.190 holds. However, the daily trend remains bearish without volume-backed reversal signals. Traders should watch $0.1849—holding above it could mean gains, while a breakdown may lead to a 13% drop. The next 48 hours are decisive.
FAQs
Q: What’s the key support level for IOTA?
A: $0.1849; a break below could trigger a drop to $0.162.
Q: Is IOTA oversold?
A: RSI suggests near-oversold conditions, but confirmation requires bullish volume.
Q: What’s the upside target if IOTA rebounds?
A: $0.197–$0.200, contingent on holding above $0.190.
Q: How critical are the next 48 hours?
A: Extremely—they’ll determine whether IOTA stabilizes or continues its downtrend.
Q: What’s the long-term outlook?
A: Bearish until daily EMAs are reclaimed, with $0.2492 (200-day EMA) as a distant resistance.