POKT – 12-hour chart
POKT launched on the Huobi Exchange on January 12, 2022. The price quickly moved up to US$3.10 on January 16, before starting a trend reversal to the downside, eventually finding support at US$0.70 at the beginning of March.
After consolidating over the last three weeks, the price is now starting to move higher again. The price has also broken the two-month, descending resistance trend line, which is now potentially providing an entry for a trade. Take profit resistance levels are at US$1.20, and also at the 0.618 Fibonacci retracement level at around US$2.16.
For more information on POKT network, look out for our deep-dive article why POKT network is so important to your decentralized wallet today.