PowerLedger — Time To Bounce?
$POWR is another example of a token that is getting ready for a bounce. RSI on the daily chart is nicely oversold.
Stochastic Oscillator, Stochastic RSI and WillR show the same.
Therefore, it is usually just a matter of days until we will see a bounce back to neutral territories.
Backtests show that the token has gained more than 10% during the next 30 days — every time it was oversold on the daily chart.
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