POWR Crypto Price Prediction 2022
Disclaimer: The Industry Talk section contains insights from crypto industry players and is not part of the editorial content of Cryptonews.com.
Powerledger (POWR) crypto is on the verge of collapsing further as it falls through a critical support level of $0.1698.
Entering oversold territory on the Powerledger daily relative strength index could see itself ripe for accumulation at these lower price levels where bulls could hope for a bounce.
Will Powerledger (POWR) Recover?
Powerledger (POWR) Crypto Price Prediction
The Bitcoin crash earlier today sent Bitcoin spiraling down to $18,100 price levels. As a result, detrimental effects have also been seen in the altcoin market.
Powerledger (POWR) crypto has not had the most bullish days. From a technical analysis perspective, POWR has just breached a key level of support which means there could be further negative price momentum.
This is now the fourth time this particular support level has been tested and the bearish price action from Bitcoin today has seen the Powerledger (POWR) crypto oversold and plunge below the $0.17 price levels.
Should October turn bullish in the next week or two, we could still potentially see a recovery for the Powerledger (POWR) crypto.
Ideally before the end of 2022, a swing high back up to the $0.25 resistance trendline in the descending triangle remains a pragmatic technical target.
This would be extremely bullish and potentially set Powerledger (POWR) up nicely for a second pump back above the $0.30 levels.
Sustainability is a rapidly growing niche within the blockchain sector. Powerledger strives to provide software for distributed and decentralized energy markets that help create a sustainable future.
While it may feel like dubious speculation to predict in the short term, at the next crypto bull run, we could see Powerledger (POWR) crypto as one of the top 50 cryptocurrencies.
Powerledger (POWR) video analytics
IMPT Token Stronger Choice to Powerledger?
Using blockchain technology as a solution to global warming and the climate crisis is a fantastic idea and a rapidly growing market.
Green tokens and carbon-offsetting cryptocurrencies are on the rise as governments and scientists continue to fear for the planet’s future.
While Powerledger (POWR) may be a good choice to hold over the next few years, the upside may be limited if you’re looking for a potential 10x return during a crypto winter.
A carbon offsetting crypto known as IMPT Token is currently in pre-sale and has a very strong mission to connect socially responsible brands with businesses and individuals who want to reduce their carbon footprint.
Having raised $4,075,386 within 10 days, IMPT Token is proving to be an attractive token for investors worldwide.
The IMPT pre-sale is divided into three different phases where the price will go up in $0.005 increments.
Currently, 1 IMPT token is equivalent to $0.018, but this will increase to $0.023 and $0.028 later through the presale.
IMPT Token Presale Dashboard – Source: impt.io
Investors who buy the IMPT token early during the presale will have a more cost-effective entry and also have greater upside potential when the token goes to public sale.
If you are an avid investor who likes to explore high-risk, high-reward projects, IMPT Token can be a great addition to a healthy and diverse crypto portfolio.
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