$IOST resistance at 0.0018, downward trend, weekly, daily, and monthly charts all show bearish divergence, MACD death cross, entering a death spiral downward channel. A new low is expected within a month, with minor rebounds followed by continued decline. Coupled with news that tens of billions of IOST tokens will be unlocked from recent staking, selling pressure is high. Recent trading volume shows tens of millions of IOST tokens sold daily. Everyone holding the token, please stay safe!
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
$IOST resistance at 0.0018, downward trend, weekly, daily, and monthly charts all show bearish divergence, MACD death cross, entering a death spiral downward channel. A new low is expected within a month, with minor rebounds followed by continued decline. Coupled with news that tens of billions of IOST tokens will be unlocked from recent staking, selling pressure is high. Recent trading volume shows tens of millions of IOST tokens sold daily. Everyone holding the token, please stay safe!