The number one retail exchange for buying and selling digital credit in Europe, Bitpanda has recently announced that they will be adding IOTA. Bitpanda has said that this listing comes after it was appealed to be so by the public.
After being confirmed by IOTA and Bitpanda, IOTA will be available for trading commencing 14th June this year.
Since forming at the beginning of the month, the IOTA price is still locked in within the contracting triangle pattern. The 100 SMA is preventing upside movements at just under $2 whereas the long term 200 SMA is supporting the price at exactly $1.70. USD/IOT is currently exchanging hands at $1.72, one thing to keep in mind is the slow momentum which seems to be on the rise.
The investors can look forward to $2.0 however, the endurance at just under 40% Fib retracement level with the last high leg at $1.99 and a $1.52 low. There is support at the 61.8% Fibo which is only short term but it is still slightly above the crucial $1.70. But if it drops below this level it will be stopped by a support from the ascending ‘trendline’ which is just under $2.