IOTA Eyes Breakout Near 200EMA While New Staking Tool Gains Traction

• Inverse head and shoulders signals bullish reversal near $0.2190 zone.
• New APY calculator simplifies IOTA staking without requiring wallet connection.

The IOTA price has recently gained momentum, trading at $0.2250 with a 4.50% increase in the past 24 hours. 

Technical indicators suggest a key support zone could determine the coin’s next movement. Analysts reported that IOTA has outperformed several major cryptocurrencies over the past two weeks. 

IOTA Hovers Near 200EMA Amid Bullish Chart Formation

According to Daan Crypto Trades, IOTA is testing the daily 200EMA, a notable technical support level. The EMA sits near $0.2190, close to the 200-day Moving Average around $0.2240, forming a strong confluence zone.

Daan has recently observed an inverse head and shoulders pattern on the chart, which is often viewed as a bullish reversal indicator. The neckline broke around $0.2400, after which the price briefly touched $0.2700. 

However, it later pulled back to retest the EMA and MA cluster. Analysts noted that this area is crucial for maintaining upward momentum.

If the price rises above this zone, the next resistance will likely be near $0.2650 to $0.2700. A further break above this region could target the higher resistance at $0.4281. 

New Tool Enhances IOTA Staking with Privacy and Simplicity

A new staking tool has been released in parallel with market developments to improve the IOTA staking process. Community contributor Cigamatoi developed the IOTA Staking APY Calculator, which is designed to help users track staking rewards without connecting a wallet. The platform operates entirely on the client side, ensuring complete user privacy.

The tool supports hardware and software wallets by showing live network data, including total stake, validator count, and average APY. It features a countdown to the next epoch and a sortable list of validators ranked by APY or commission. Users can estimate rewards in multiple currencies, including USD, EUR, and GBP.

A key feature of the platform is its clear reward summary, which shows net earnings after validator commission. According to Cigamatoi, this simplifies reward tracking and removes the need to search for high-performing validators manually. The calculator provides APY breakdowns, staking tips, and a detailed FAQ section to assist beginners and advanced users.

The IOTA network uses a Delegated Proof-of-Stake mechanism, where token holders delegate to validators in return for rewards. The new tool aims to improve stakeholder visibility and user confidence in the system by providing real-time, accurate, and transparent data.

As IOTA tests a decisive price zone, developments like the staking APY calculator position the network for broader adoption. Market participants continue to watch price levels and ecosystem tools for cues on the coin’s next phase.