IOTA to be listed in BittrexGlobal on January 30, 2020

By dan saada January 30, 2020 Off
iota bittrex global
  • BittrexGlobal to celebrate IOTA listing on January 30, 2020
  • IOTA getting a hardware boost Honeycomb OS .

BittrexGlobal stated that IOTA is an excellent and powerful tool for the machine economy.  The token they said would be listed on January 30, 2020. IOTA is continuing to dream big for big businesses.

BittrexGlobal tweeted:  “To celebrate IOTA listing, Bittrex Global will host an exclusive @iotatoken AMA. Join IOTA co-founders Dominik Schiener & David Sønstebø, on January 30, at 11 am UTC/12 pm CET/8 pm KST.”

IOTA acknowledged tweeting:  “We are excited to announce that @BittrexGlobal has included #IOTA in its family of digital assets! It’s another important step towards broader access of the IOTA economy with our token.”

Sydney Ifergan, the crypto expert, tweeted:  “The more numbers of listings in good cryptocurrency exchanges, the better.  Whether for IOTA or others, it improves accessibility for investors and clients. They are eventually facilitating improved adoption.

IOTA Getting a Hardware Boost

The IOTA Hardware boost will help improve networking capabilities.

The honeycomb OS release is expected to make IOTA and Tangle more seamless.  The honeycomb OS is embedded in the Linux Distribution, which is tailored to suit IOTA nodes, clients, and tangle related tools.

The honeycomb OS will work on the meta-iota supported by the IOTA Ecosystem Development fund.

The official release states:  “honeycomb OS is meant to be as minimalist and light as possible, so all CPU power is used for Tangle related computations. Therefore, there’s no GUI, and everything needs to be done via a terminal. Honeycomb OS is 100% cross-compiled from source, which means community feedback will drive improvements for next iterations.”

IOTA Price Trends

IOTA (MIOTA) broke out from its ascending triangle. It is finding support from 2900 satoshis with resistance at 3200 and 3450 sathosis. It is expected that the increase will happen until the price touches 3450 satoshis.

Just like any other price trend, a pullback is expected.  To decide on the right point of entry in trade, investors should have an understanding of the validity of the price. IOTA touched minor resistance at 3200 satoshis.  The next resistance point coincides with the 100-day moving average, thereby improving its significance.

Considering the short-term trading prospects, the RSI did not show any weakness despite the MIOTA considered to be in the overbought territory.

This allows for the possibility that the price continues to increase until it reaches the next resistance area at 3450 satoshis.

If a pullback should occur in the 2900 satoshis area, it might serve as a support for the point of entry for the trade per technical analysts.

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