POA Network (POA): How Does the Chart Look Wednesday?

Wednesday, December 29, 2021 05:14 PM | InvestorsObserver Analysts

POA Network receives a strong long-term technical score of 97 from InvestorsObserver's research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the coin's support and resistance levels, and where it is relative to long-term averages to determine whether it's a strong buy-and-hold investment opportunity. POA currently holds a superior long-term technical analysis score than 97% of cryptos in circulation. This ranking metric is most useful to buy-and-hold type investors looking for strong steady growth when allocating their assets. coins with a high long and short-term technical score can help indicate assets that have bottomed out, providing investors a chance to 'buy the dip'.

InvestorsObserver is giving POA Network a 97 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on POA Network!

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Trading Analysis

POA is currently $0.2000000 (85.14%) above its 100-day moving average price of $0.240000000 with its current price of $0.440000000. Meanwhile, POA Network is $1.2500000 (1304.98%) above its 52-week low price of $-0.810000000 and -$1.27000000 (-560.75%) below its 52-week high of $1.700000000. The current price relative to its moving average and 52-week high and low leads to a strong long-term technical score of 97. Trends for the long-term trading history of POA Network suggest that traders are currently neutral on the coin. POA Network has a market capitalization of $129,564,666.21 and a relatively average average daily volume with $198.26 worth of the currency traded over the typical 24 hour period. Over the last 24 hours, POA's volume is below its seven day average with 28.09 exchanged. This coin's subclass Distributed Software Platform: A platform is a decentralized infrastructure designed for a purpose. These can take the form of exchanges for the trading of cryptocurrencies, decentralized data storage, artificial intelligence, virtual or augmented reality, distributed computing and big data collection, among other things.

Summary

POA's historical trading over the past year gives it a a strong long-term technical score of 97 as its price movement in that time has given investors reason to be neutral on the coin in the long-term. Click Here to get the full Report on POA Network (POA).