IOTA's price has been on a downward trend recently, losing 3.42% in the last 24 hours and underperforming the cryptocurrency market, which saw a total decrease of 4.65% in the same period. The coin's performance against BTC was also poor, recording a 3.00% loss. In the last 30 days, IOTA has lost 18.87%, but it has increased by 1.79% since a year ago. The current trading price is $0.240287, which is 14.30% below our prediction on Feb 02, 2024.

According to our IOTA price prediction, the coin is expected to reach $0.280381 by Feb 02, 2024, representing a 12.01% price increase in the next 5 days. However, the cryptocurrency market is unpredictable, and even the largest crypto assets display significant price volatility. Investors should monitor the market sentiment, key support and resistance levels, and other metrics while seeking independent professional consultation before making any investment decisions.