Cryptocurrency IOTA with ticker IOTUSD remains in sideways consolidation, and it more and more looks like a bullish ABCDE triangle pattern in wave (B) that can be coming to an end soon. We are actually tracking final subwave “c” of E of (B), so soon watch out for a strong bullish breakout into wave (C), which can send the price back to March 2024 highs. Keep in mind that bullish confirmation is only above upper triangle line and 0.25 level.

IOTA is a cryptocurrency designed for the Internet of Things (IoT). Unlike traditional blockchains, it uses a unique technology called the Tangle, a directed acyclic graph (DAG) that allows transactions to be feeless, scalable, and lightweight. This makes it well-suited for machine-to-machine payments, microtransactions, and secure data transfer. IOTA’s goal is to be the backbone of a machine economy, enabling devices to transact and share data autonomously.

For more analysis like this, you may want to watch below or latest recording of a live webinar streamed on September 01 2025: