POA is currently trying to break above the 50 Day MA and downward trend-line resistance. It is too early to say the price can break it today. Thought POA manages to bounce at 0.619 Fib support but bears may have temporary control of this market as price is trading below 100 Day MA. We will have to look at this coin in the coming days in which direction it will follow.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.