Technical analysis by lukeyhwh about Symbol POWR: Buy recommendation (11/22/2024)

Powerledger is one of the few crypto currencies with huge potential. Rather than just being a community meme coin, it has already established itself in the renewables sector - a billion dollar, real-world industry. This means it could be a fantastic investment option with stable, long term growth. From a Technical Analysis viewpoint, the chart is also looking potentially very good. A possible ascending triangle that has been in the making for several years. A break out of this ascending triangle could result in a nice move to the upside. With a low marketcap, I think this crypto could easily move upto $2 in the near future.