IOTA Price Analysis: IOT/USD Aims Past Key Barrier on $0.2 Level As IOTA Partners Dentons on Decentralized Health Passport Amid COVID-19

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IOTA is a cryptocurrency with tons of ardent fans who think IOTA is the most scalable cryptocurrency due to its tangle architecture. This passion and some support from the industry helped IOTA maintain its influence in the crypto sphere. IOTA is currently the 24th largest digital asset with an estimated market cap of $550 million and an average trading volume of $16.3 billion a day. Since the start of the day and in the last 24 hours, the coin has got nearly 3 percent. Despite the lower open price, IOT/USD is aiming past the $0.2 level key barrier. IOT/USD is shifting hands at $0.1965 at the time of writing. During the Global Legal Hackathon, IOTA Foundation and law firm Dentons released a distributed ledger-based digital health passport (DLT), called Selv. The solution is aimed at restoring people to their everyday activities amid the COVID-19 pandemic. Selv is a decentralized application, free and accessible for global health management.

*Despite the lower open price, IOT/USD is aiming past the $0.2 level key barrier
*Since the start of the day and in the last 24 hours, the coin has got nearly 3 percent
*IOTA Foundation and law firm Dentons released a distributed ledger-based digital health passport (DLT), called Selv

Key Levels
Resistance Levels: $0.2400, $0.2309, $0.2100
Support Levels: $0.1777, $0.1717, $0.1641

IOT/USD Daily Chart: Ranging

IOT/USD 4-Hour Chart: Ranging
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