Review on Power Ledger by Mehdi hazni
Power ledger project and its price analysis
I read about the purpose and working mechanism of the Power Ledger project. Previously, the use of renewable energy in centralized projects was possible, and in fact the power ledger wants to decentralize this issue with the help of blockchain network, which is a good idea.
Price analysis and POWR chart: In the daily chart and btc pair, the price is approaching the support of 750 Satoshi, which is an important support, but so far this support has been touched twice, so if it reaches 750 Satoshi again, the probability of breaking the support is high and then The reaction should be seen in the next support limit, 480-500 Satoshi. If you are planning to buy this currency, 500 Satoshi is a better price and it is better to wait for now.
Pros
- The project has a good idea
Cons
- The price is falling and it is not suitable for investment at the moment
- In the medium term, prices do not seem to be experiencing much growth in the near future
