The Internet of Things has shone with the rise of IOTA!

The Internet of Things (IoT), which is among the most famous trends of a period, is gradually reminding itself.

One of the trends that swept the past years, the Internet of Things**, came to mind again with the performance of IOTA. Despite the turbulent progress of the market, IOTA, which recorded volume increases from time to time, almost gave the green light to the sector. The Internet of Things, which is still behind current trends, seems to climb to the top if the IOTA continues its rise.

With an increase of 13.74 percent in the last 24 hours, will the IOTA that has placed on the "Most Very Ascendants" list be able to bring back the old days?

## Pinpoint move from the support level!

With Bitcoin testing $38,500, the IOTA, which pin at $0.1967, received a strong reaction and tested $0.25. The popular coin, which is currently trading at $0.2390, may want to target $0.3292 and $0.3721 if it persists above $0.2899. A break above the recent high of $0.3721 could pave the way for IOTA and invite new investors to the scene.

Factors such as the inclusion of new trends in cryptocurrencies, the IOTA's downside break of $0.2258, or the increase in BTC dominance will naturally reverse the momentum of the pair. In such a scenario, a contact with $0.1967 could follow again. If demand at this level is insufficient, declines to $0.1676 and $0.1384 are highly likely.

## What is the Internet of Things (IoT)?

The Internet of Things, which is presented as the equivalent of the term "Internet of Things", whose abbreviation is IoT, is a technology that enables objects used in daily life to exchange data with other objects thanks to the internet and that objects are in full synchronization with each other.

This technology consists of web-enabled smart devices that enable collecting, sending, and processing data from environments. Internet of Things devices transfer the collected data through a gateway, share it by connecting it to a cloud system or a different end device where the data can be analyzed. Internet of Things devices perform many of their jobs without human intervention, in line with the information they receive from each other by communicating with other related devices.