IOST/BTC Price Action Analysis
Now, how is ’s price been performing? Well after reaching an all-time-high level on February 19th, IOST/BTC started to correct the gains towards a key pivot level shown here in orange. However, the launch of mainnet could create another spike towards last week’s highs or perhaps even higher. The pair has been enjoying a healthy uptrend on the daily chart, above the Ichimoku Cloud, so if the mainnet launch goes smoothly, the choppy corrections could provide a buying opportunity.
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