13 Oct 2022 · 2 min read

POWR Crypto Price Prediction 2022 - Powerledger Sustainable Token to Rise?

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

Powerledger (POWR) crypto is on the verge of collapsing even further as it falls through a critical support level of $0.1698.

Entering the oversold territory on the daily relative strength index Powerledger could see fit for accumulation at these lower price levels where the bulls could be hoping for a bounce.

Will Powerledger (POWR) recover? 

Powerledger (POWR) Crypto Price Prediction

The Bitcoin crash earlier today sent Bitcoin spiraling out of control down to the $18,100 price levels. As a result deleterious effects have also been seen in the altcoin market.

Powerledger (POWR) crypto hasn't had the most bullish of days. From a technical analysis perspective POWR has just broken a key level of support which means there may be further negative price momentum.

POWR/USDT - 4 Hour Time Frame.

This is now the fourth time this particular support level has been tested and the bearish price action from Bitcoin today has led to Powerledger (POWR) crypto becoming over-sold and plummeting down below the $0.17 price levels. 

Should October flip bullish over the next week or two we could still potentially see a recovery for Powerledger (POWR) crypto.

Ideally before the end of 2022, a swing-high back up to the $0.25 resistance trendline of the descending triangle is still a pragmatic technical target. 

This would be extremely bullish and potentially set Powerledger (POWR) up nice 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 which help create a sustainable future. 

Whilst predicting the short term could feel like dubious speculation, by the next crypto bull run we could see Powerledger (POWR) crypto as one of the top 50 cryptocurrencies. 

Powerledger (POWR) Video Analysis

IMPT Token Stronger Choice to Powerledger?

Utilizing 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 future of the planet. 

Whilst Powerledger (POWR) could be a great choice to hold over the next few years, if you're looking for potential 10x returns during a crypto winter then the upside growth could be limited. 

A carbon offsetting crypto known as IMPT Token is currently in presale and has a very strong mission to connect socially responsible brands with businesses and individuals who want to reduce their carbon footprint. 

Having already raised $4,075,386 within 10 days, IMPT Token proves to be an attractive token for investors across the globe. 

The IMPT presale is broken down into three different phases where the price will go up by $0.005 increments. 

Currently, 1 IMPT Token is the equivalent to $0.018, but this will increase to $0.023 and $0.028 later on through the presale. 

IMPT Token Presale Dashboard - Source: impt.io

Investors who purchase the IMPT Token early on 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 a keen investor who likes to explore high-risk high-reward projects that IMPT Token could be a great addition for a healthy diverse crypto portfolio.

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