IOTA Price Shows Signs of Reversal with 25% Upside Potential

IOTA price has been drifting sideways after months of decline, but the latest daily chart suggests that momentum might finally be shifting. The current candles are starting to form a base, and the Heikin Ashi candles show a tightening range, hinting at an upcoming squeeze. The presence of small-bodied candles indicates indecision, often the calm before a breakout.

The RSI (14) is currently around 45.96, with the moving average at 41.47. This is still technically neutral, but the RSI is trending upward from sub-40 levels, showing that bearish momentum is weakening. Historically, when IOTA’s RSI climbs from below 40 to cross 50, a short-term rally of 15–25% has followed. For instance, in mid-April, the RSI rose from 38 to 55, and IOTA surged from $0.15 to $0.21 (+40%). If we project a similar move now, a 20% gain would lift IOTA from $0.16 to $0.192.

The immediate support is at $0.15 — a level IOTA tested multiple times in June. If this level holds, buyers may step in to defend it again. On the upside, the first resistance is near $0.1610, which is exactly where the price is testing now. Breaking above this opens the path toward $0.18 and $0.20, the next horizontal resistances visible on the chart.

Looking at the Fibonacci retracement, if we take the May high ($0.23) and the June low ($0.145), the 0.382 level is near $0.18, the 0.5 level is near $0.1875, and the 0.618 level is around $0.195–$0.20. So, if IOTA can reclaim $0.18, the next Fibonacci targets are clearly visible near $0.19–$0.20.

Given the sideways base, rising RSI, and current tight range, a breakout seems likely if broader crypto sentiment stays neutral or bullish. If momentum picks up and RSI crosses 50, IOTA could test $0.18 within days, then possibly $0.19–$0.20 by month-end — that’s a potential 25% upside from today’s levels. However, if support at $0.15 breaks, IOTA risks sliding to the next major level near $0.13, which aligns with the extended Fibonacci support.

IOTA price is no longer in freefall but hasn’t yet confirmed a reversal. The tight range and improving RSI make it worth watching for a daily close above $0.1610 — this would be an early signal that a short squeeze could unfold. If you’re bullish, keep an eye on $0.18–$0.20 as realistic short-term targets. For bears, a breakdown below $0.15 could send IOTA to test deeper lows.