IOTA price reached highs of $0.11 as top cryptocurrencies pumped. With sentiment bullish, buyers will fancy $0.2 next. The IOTA token has surged more than 37% in the past week.

Cryptocurrencies are experiencing a notable surge, with several projects, including IOTA, posting double-digit gains amid renewed investor optimism.

As of writing on January 6, 2026, IOTA changed hands at $0.117. This is after the altcoin’s 14% gains in the past 24 hours. Strong momentum put the token among top performers such as Sui, Render and VeChain.

Gains for the above altcoins come as Bitcoin shows a fresh resurgence with a spike to highs of $94,800. AI tokens and memecoins have also seen significant upticks even as investors weigh the latest geopolitical tension.

A few altcoins stand out in the top 100 by market cap today.

As well as XRP, Sui and Injective, it’s IOTA that’s demonstrated impressive gains.

By surging more than 14% in the past 24 hours, the cryptocurrency has popped to above $0.11. This pump rides a 24-hour trading volume that has spiked 110% to over $32 million.

Amid a rising market, this volume surge indicates heightened interest. Robust buying pressure and liquidity inflows could bolster further price gains.

Notably, this IOTA price surge suggests growing confidence in layer-1 and utility-focused projects. Bulls might eye a shift in macroeconomic cues and technical recoveries for a breakout.

IOTA’s focus on real-world adoption could be a key catalyst for the native token.

As for most altcoins, IOTA’s technical setup still signals caution on the side of buyers.

However, there are signs of a potential and then sustained breakout. Tapping into the gains to above $0.11 might bring key resistance levels into play.

For IOTA, the main hurdle lies in the $0.20 region.

But this also marks a coveted near-term target, and if momentum persists, sellers will be in trouble.

First though, bulls need a confirmed breakout above recent highs around $0.13. The area around $0.15 is another supply zone and taking bears out of the game here could accelerate gains toward $0.20.

However, this outlook depends on sustained market-wide sentiment. Rotation into small caps amid further altcoin strength, and a market that avoids widespread corrections, is what bulls want.

On the flip side, support levels near $0.10 remain critical.

Holding above this would reinforce the bullish case, but dipping under will encourage bears.

IOTA has rallied more than 37% in the past week. Meanwhile, bulls are well off the lows of $0.08 hit in December 2025.

The post IOTA price forecast: is $0.20 next after 14% gains? appeared first on CoinJournal.

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