Here’s Why the IOTA Price May Go Parabolic Soon

The IOTA token is showing signs of recovery after months of decline. Currently trading at $0.2062, the token has seen an 8.60% gain in the past 24 hours, with a 24-hour trading volume of $38.16 million. Despite a slight 0.49% dip in the past hour, technical indicators suggest a potential rally in the coming weeks.

Read IOTA Price Prediction for more detailed insights

Technical Outlook: Bullish Momentum Building

IOTA has been forming a falling wedge pattern, a bullish signal characterized by descending and converging trendlines. It has broken above this pattern, signaling a potential breakout. Additionally, key oscillators show bullish divergence:

• Awesome Oscillator is set to cross the zero line.

• Percentage Price Oscillator is pointing upwards.

If momentum continues, the next key resistance level to watch is $0.3705, representing a 50% retracement from recent lows—an 82% potential gain from current levels.

Also Read: Jasmy Price Prediction 2025, 2026 – 2030

Market Sentiment and Community Buzz

The sentiment on X (formerly Twitter) remains mixed but leans bullish. Influencers highlight IOTA’s undervaluation and upcoming Rebased upgrade:

• @0xChainMind predicts “$XRP-like price movements.”

• @AltCryptoGems sees a potential “Power of 3” setup.

• @CryptosBatman emphasizes the MoveVM integration as a long-term bullish factor.

• @QuintenFrancois sees IOTA aiming for $0.25 next after breaking $0.195.

Rebased Upgrade: A Game Changer?

The IOTA Rebased upgrade, introduced in late 2024, is set to revolutionize the network by transitioning to a decentralized Delegated Proof of Stake (DPoS) model. Key benefits include:

• 150+ validators, enhancing decentralization.

• 6-7% APY staking rewards for IOTA holders.

• Smart contract integration, positioning IOTA as a competitor to Ethereum and Solana.

While the launch date remains uncertain, Q2 or Q3 appears most likely. If successful, Rebased could significantly boost IOTA’s ecosystem and price potential. Will IOTA replicate Fantom’s Sonic success? Time will tell, but the technical and fundamental outlook remains promising.