Bitcoin$41 963.01


Ethereum$2 463.17




Binance Coin
Binance Coin$322.25






IOST Can’t Leave the Consolidation Range


In the previous IOST price analysis, we predicted with surgical accuracy the price target at $0.009 on the weekly time, which followed the breakout of a multi-month resistance. 

Prediction chart

Further price development

Heading towards the bottom of the range

Kudos, if you followed our advice and offloaded the position at the established price target, but now the time has come to forecast the future developments in this market. But first, let’s review its performance over the past several months. On the yearly scale, IOST still proves itself as a profitable asset since it’s 23% in the green against USD, though it’s all-time ROI is down to -75%.

The coin that represents the blockchain network run on the Proof-of-Believability consensus algorithm had a comparatively good month as its USD value fell only by 11.8%, whereas many other altcoins from outside the top 100 crashed by 50+%; IOST lost to Bitcoin by 6.2% and to Ethereum by 3.3% over the same period of time.

IOST is currently priced at $0.0058 as the result of the 2.15% drop in the last 24 hours, though it had a small 4.6% bump to the upside during the week. The coins market capitalization remains relatively stable, revolving around $90 million, despite the recent turmoil on the cryptocurrency market. We have noticed a substantial drop in average trading volume over the past 30 days from $120 million to $30 million, which might hint at the consolidation mode IOST is about to enter.   

Year-to -date IOST chart

The chart above shows a tough multi-month resistance at $0.8, which IOST failed to breach on three separate occasions - the second one being in March that led to a massive crash to the all-time low at $0.0015, from which the price initiated a slow but steady recovery.

The last retracement, which has already slashed its value by 37%, happened upon IOST reaching the said price target, but the analysis of action on the weekly time frame suggests that the coin mightn’t have fully immersed in the bearish waters, which means that further price fall is to be expected.

1-week IOST/USDT chart

Key price levels to watch

Author: Alex Paulson for

Be the first to receive Cryptocurrency Price Predictions and Forecasts daily

Get cryptocurrency price predictions, forecasts with analysis and news right to your inbox.

© 2015-2021

The usage of this website constitutes acceptance of the following legal information. Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website, including information about the cryptocurrencies and bitcoin is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Crypto Rating shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about cryptocurrencies. The entire responsibility for the contents rests with the authors. Reprint of the materials is available only with the permission of the editorial staff.