Daily close 0.0358 −3.50% on the day
Nov 8, 2026 in one sentence
IOTA closed the day below resistance 0.0361 with no support in range. A daily close above 0.0361 opens the way to 0.0414–0.0416.
What changed since yesterday
- The close moved from 0.0371 to 0.0358 (−3.50%); the daily trend is down.
- Yesterday's support 0.0361 broke: the day closed below it.
- Nearest resistance moved from 0.0372 to 0.0361.
- RSI(14) daily moved from 31.3 to 29.3, below 30 and into the oversold zone.
- Yesterday's analysis →
IOTA on Nov 8, 2026: up or down? Two paths from the daily levels · each needs a daily close
Not financial advice
IOTA lost support at 0.03610 today and closed at 0.03580, down 3.50 percent, in a quiet, fearful weekend market, so that old floor now acts as the first ceiling. The daily trend is down after a confirmed break below 0.03610 and the weekly trend agrees; daily RSI moved from 31.3 to 29.3, so momentum is very weak. With volume a little below normal, a daily close above 0.03610 would ease the pressure, while further losses below 0.03580 would enter open ground.
Support and resistance on Nov 8, 2026
- Support no level in range
- Resistance 0.0361 0.8% above the close
The bigger picture
The nearest ceiling is near 0.03610, and the weekly trend is also down. Below 0.03580 the daily chart shows open ground, and futures positions grew as the price fell, a sign of fresh bets on more weakness.
What to watch
A daily close above 0.03610 would ease the pressure and open the way toward resistance near 0.04140. Below 0.03580, a further drop would move into open ground on the daily chart. Also watch whether the daily RSI of IOTA, now 29.3, turns up.
Frequently asked questions
What were the support and resistance levels for IOTA on Nov 8, 2026?
On the daily chart, the nearest resistance is 0.0361; there is no support in range.
Was IOTA up or down on Nov 8, 2026?
IOTA closed the day at 0.0358, −3.50%. The daily trend is down.
What happens if IOTA closes above 0.0361?
A daily close above resistance 0.0361 (0.8% above the close) opens the way to 0.0414–0.0416.