The IOTXBTC trading pair remained range-bound on October 23, hovering around 1.1e-07 with minimal price fluctuations. The market showed low liquidity and trader interest, as indicated by the absence of significant trading volume spikes. Technical indicators such as MACD and RSI reflected stagnant momentum, with no signs of overbought or oversold conditions.
Bollinger Bands remained unchanged, highlighting the low volatility environment. The price stayed within a tight consolidation range between 1e-07 and 1.1e-07, with a failed breakout attempt early in the day. Moving averages on both 15-minute and daily charts showed no clear direction, and no MACD divergence was observed over the past 24 hours. Traders are advised to wait for stronger confirmation signals before entering positions.
IOTXBTC Pair Stagnates Amid Low Volatility and Liquidity
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