POA Network (POA) Bounces Off MA200 On High Volume

POA Network (POABTC) is now bouncing off support in the form of MA200/EMA200 with high volume after a month-long retrace.

The big volume coming in today, notice the volume bar, signals that is a real move, and that the retrace is complete.

We also have the MACD bullish cross and the RSI goes above 50.

The next target is marked on the chart.

This is another altcoin that is recovering and printing additional growth.

Namaste.