Latest IoTeX (IOTX) Price Analysis

By CMC AI
10 September 2025 03:35AM (UTC+0)

Why is IOTX’s price down today? (10/09/2025)

TLDR

IoTeX fell 0.76% over the last 24h, underperforming the broader crypto market (+0.47%). Here are the main factors:

  1. Post-CF Benchmarks Profit-Taking – Price dipped after September 1 CF Benchmarks listing news, suggesting "sell the news" behavior.

  2. Bearish Technical Setup – Key indicators like MACD and RSI signal short-term weakness.

  3. Lower Volume Amplifies Moves – 24h trading volume fell 18%, magnifying downside pressure.


Deep Dive

1. Post-Institutional Listing Profit-Taking (Bearish Impact)

Overview:
IOTX surged 26% over 90 days ahead of its September 1 CF Benchmarks listing (BlockBeats), which grants institutional exposure. However, prices retreated post-announcement as traders likely locked in gains.

What this means:
While the CF listing strengthens long-term credibility, short-term traders capitalized on the event-driven rally. This aligns with historical patterns where assets correct after major partnership/listing announcements without immediate follow-through catalysts.

What to look out for:
ETF or derivatives product developments tied to CF Benchmarks’ IOTX index – a key institutional adoption signal.


2. Technical Weakness Persists (Bearish Impact)

Overview:
- MACD Histogram: At -0.00023762, signaling bearish momentum acceleration.
- RSI-14: 43.87 (neutral but below the 50 threshold), indicating fading buying pressure.
- Price broke below the 23.6% Fibonacci retracement level ($0.02998), now testing support near $0.026.

What this means:
Technical traders are likely exiting positions due to the breakdown below critical levels. The 200-day EMA at $0.0217 remains a key support zone to watch.


3. Sector-Specific Headwinds (Mixed Impact)

Overview:
DePIN tokens face regulatory uncertainty despite the recent GENIUS Act passage in the U.S. (Cointelegraph). Meanwhile, IOTX’s 24h volume fell to $6.37M (-18%), reducing liquidity.

What this means:
While IoTeX’s EV charging/DePIN partnerships (e.g., U Power) are long-term bullish, macro uncertainty in crypto’s regulatory landscape may be dampening speculative interest in niche sectors like DePIN.


Conclusion

The dip reflects profit-taking after a strong 90-day rally, technical breakdowns, and thin liquidity exacerbating moves. However, institutional adoption via CF Benchmarks and real-world DePIN use cases provide fundamental support.

Key watch: Can IOTX hold above the 200-day EMA ($0.0217)? A breakdown could invite deeper corrections, while a rebound above $0.0275 (50-day SMA) may signal renewed momentum.

Why is IOTX’s price up today? (09/09/2025)

TLDR

IoTeX (IOTX) rose 2.02% over the past 24h, outperforming the broader crypto market (+0.97%) amid bullish institutional adoption news. Key drivers:

  1. CF Benchmarks Listing – IOTX added to FCA-regulated index used by BlackRock/CME (1 Sept 2025)

  2. Hong Kong AI Hub Launch – HashKey partnership boosts regulated DePIN exposure (10 Aug 2025)

  3. Technical Rebound – Price reclaims key $0.0268 pivot amid oversold RSI conditions


Deep Dive

1. Institutional Benchmark Inclusion (Bullish Impact)

Overview: On 1 September 2025, IoTeX was added to CF Benchmarks’ IOTXUSD_RTI index, a UK FCA-regulated benchmark used by institutional products like CME derivatives and BlackRock’s IBIT ETF.

What this means:
- Validates IOTX as a compliant asset for ETFs/futures
- Likely triggered algo-trading flows tracking the index
- Daily volume rose to $6.92M (+2% vs prior day) despite broader market stagnation

What to watch: Sustained turnover above $10M/day would confirm institutional participation.


2. Hong Kong AI Ecosystem Expansion (Mixed Impact)

Overview: IoTeX and HashKey Exchange launched a regulated AI hub on 10 August, introducing an IOTX/HKD pair to attract Asian institutional capital.

What this means:
- Strengthens IoTeX’s DePIN narrative with real-world AI use cases
- However, Hong Kong’s crypto trading volumes remain subdued (-64.6% MoM per global metrics)
- Delayed impact expected as infrastructure develops


3. Technical Rebound From Support (Neutral Impact)

Overview: IOTX bounced from the 78.6% Fibonacci retracement level ($0.0264), with RSI14 at 46.87 signaling reduced selling pressure.

What this means:
- Short-term traders likely capitalized on oversold conditions
- MACD histogram (-0.00026) still shows bearish momentum dominance
- Key resistance at $0.0282 (50-day SMA) needs to break for sustained recovery


Conclusion

The 24h rise reflects a mix of index-driven algo buys and technical mean reversion, though longer-term headwinds persist (-12% MoM). While CF Benchmarks’ institutional stamp adds credibility, traders await concrete ETF/futures product launches to confirm demand.

Key watch: Can IOTX hold above the 200-day EMA ($0.02627) through the week?

CMC AI can make mistakes. Not financial advice.