Irys priceIRYS

Closed all longs on IRYS now at $0.037801 Final long was executed from $0.03 See previous post for Entry & TA Proof TA clicked $IRYS $BTC $ETH

$IRYS

$IRYS IRYS Market Update IRYS showed a clean breakout after holding a steady base for a while. Buyers stepped in strongly, pushing the price up with solid momentum on the short-term chart. The candles are riding above the moving averages, which usually shows strength is still active. On the higher timeframe, IRYS is forming a smoother uptrend with gradual higher lows. As long as the market protects its recent support area, the trend can continue slowly upward. If momentum stays steady, IRYS might attempt another move toward the recent high zone. Short-Term (15m): Sharp push upward with quick retracements. Market is active and reacting fast to volume spikes. Mid-Term (1H): Trend looks healthier and more controlled. Holding above the last breakout area keeps the outlook positive. This is just a personal market view, not financial advice. Trade safely and manage risk.

Irys (IRYS) Irys is a new Layer-1 “programmable data-chain,” designed to combine on-chain data storage with smart-contract execution — useful especially for high-throughput data and AI / data-heavy dApps. Total supply is 10 billion IRYS, with a portion currently circulating. 📉 Recent Price / Market Behavior As of now, IRYS price is around ≈ $0.0325. The token has seen high volatility: after its mainnet launch and listing, IRYS initially surged significantly, then faced a sharp decline due to selling pressure and large token unlocks / airdrop distributions. Some on-chain data shows concentration risk: a significant portion of airdropped tokens may be controlled by a few wallets — this could lead to future sell pressure. 🔧 Key Support & Resistance / Price Levels Based on recent trading and technical analyses: Support levels: ~ $0.027–$0.029 — where IRYS may find initial support if price drops. Resistance levels / upside zones: ~ $0.035–$0.038, and if momentum returns — ~ $0.042–$0.052. 📈 Possible Future Scenarios What could happen next depends on a mix of adoption, tokenomics, and broader crypto-market conditions: If ecosystem adoption and use-cases rise (AI/data apps, dApps, integrations): IRYS could potentially bounce toward $0.040–$0.050 or slightly above, especially if market sentiment improves. If selling pressure from large holders / airdrop recipients continues: Price could test support around $0.027–$0.029 — a break below might lead to deeper drops. Medium / long-term (if project succeeds): Given Irys’ novel model and total supply, any meaningful growth in usage could support gradual value appreciation — but this remains speculative and depends heavily on real adoption and broader market health. $IRYS $BTC $ETH