IOST Market Overview: 24-Hour Summary for July 23, 2025

Generated by AI AgentAinvest Crypto Technical Radar
Wednesday, Jul 23, 2025 12:27 am ET1min read
IOST
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Aime RobotAime Summary

- IOSTUSDT formed a bullish pattern with support at $0.00419–0.00420 and resistance at $0.00425–0.00427.

- Price surged to $0.004275 amid strong volume, aligning with MACD's bullish crossover and positive momentum.

- RSI near overbought levels (~62–65) and a doji at $0.004265 signal short-term indecision and potential consolidation.

- Bollinger Bands widened, reflecting heightened volatility, while Fibonacci levels at $0.004233–0.004257 may guide near-term price action.

Summary
• IOSTUSDT edged higher, forming a bullish pattern amid moderate volatility.
• Price found support near $0.00419–0.00420 and tested resistance at $0.00425–0.00427.
• Volume spiked during key breakouts but showed no divergence with price.
• RSI suggests mild overbought conditions, while MACD remains bullish.
• Bollinger Bands expanded, indicating rising short-term volatility.

Market Overview

IOSTUSDT opened at $0.004212 on July 22 at 12:00 ET and reached a high of $0.004275 before closing at $0.004213 on July 23 at 12:00 ET. The pair traded as low as $0.004154 during the session. Total volume amounted to approximately 105,387,792 IOST, with a notional turnover of $453,728.

Structure & Formations

Price action over the past 24 hours showed a series of consolidative and breakout moves, with key support levels forming near $0.00419–0.00420 and resistance at $0.00425–0.00427. A notable bullish engulfing pattern appeared near $0.00423–0.00425, suggesting short-term bullish momentum. A doji formed near $0.004265, indicating indecision at higher levels.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages are both bullish, with price above both. On the daily chart, IOSTUSDT is above its 50, 100, and 200-day moving averages, maintaining an uptrend bias.

MACD & RSI

The MACD remains in positive territory, with a recent bullish crossover suggesting continuation of upward momentum. The RSI has edged into overbought territory (~62–65), indicating potential for a pullback or consolidation in the near term.

Bollinger Bands

Bollinger Bands have widened over the past 24 hours, signaling increased volatility. Price spent much of the session near the upper band, especially during the 19:00–23:30 ET period, before retreating toward the middle band.

Volume & Turnover

Volume surged during the 19:00–22:45 ET period, coinciding with a breakout attempt to $0.004275. Notional turnover followed volume closely, with no significant divergence observed. This suggests that the price moves were supported by genuine buying pressure.

Fibonacci Retracements

Applying Fibonacci retracement levels to the most recent 15-minute swing (from $0.004154 to $0.004275), key levels at 38.2% ($0.004233) and 61.8% ($0.004257) were tested and partially held. These levels may offer near-term support and resistance.

IOSTUSDT may continue to test key resistance levels in the coming 24 hours, with a potential for a consolidation or retest of $0.00420–0.00425. Investors should remain cautious, as the overbought RSI and recent doji suggest short-term uncertainty.