people start dump their IOTA. this is just a small recover. will fall back again
Not correct, IOTA stabilized at 0.62 USD and might stabilize there for a while, before getting another boost.
Why a boost? Because currently, IOTA can only be traded a BitFinex. During the next days, at least one more trading platform - Binance- will offer IOTA trading, which will be a very likely push for the price. (more trading = more volume, more awareness)
Source:
www.coingecko.com/en/price_charts/iota/usd