Moving with the whole market
The total crypto market is −2.9% in 24 hours. POWR is −3.1%, about the same, so this looks like a market-wide move rather than something specific to Powerledger.
Why is the crypto market moving? →
why / powr
Why is Powerledger down today?
Powerledger (POWR) is down 3.1% in the last 24 hours, trading at $0.0531. The whole crypto market is −2.9%, so this is mostly a market-wide move. Trading volume is running at 3.4× its 30-day average.
POWR 24h−3.14%
Whole market 24h−2.94%
Bitcoin 24h−3.23%
Link to BTC (30d)0.44
Volume vs normal3.4×
DePIN sector−3.91%
signals
What is moving Powerledger
Strongest signals first.
Trading volume is 3.4× normal
At today's pace, POWR trades about 3.4 times its 30-day average volume. Heavy volume means many traders are acting on the move, which makes it more meaningful.
The DePIN sector is down
Powerledger is part of the DePIN sector, which is −3.9% today. POWR is moving with its sector.
DePIN sector →Partly follows Bitcoin
Over the last 30 days, POWR's daily moves had a 0.44 correlation with Bitcoin (1 means identical direction). A moderate link. Bitcoin is −3.2% today.
Bitcoin price →Weak month
POWR is +2.7% this week and −20% over 30 days, so today's move continues the monthly trend.
Market mood: Fear (30)
The Crypto Fear & Greed Index reads 30 out of 100, down from 51 yesterday. Sentiment is not extreme either way.
Fear & Greed Index →Liquidations, funding and open interest
See whether leveraged traders are being forced out of POWR positions right now, on the chart, in the Blockdeck app.
See VIP layers →next
Keep exploring Powerledger
faq
Questions
Why is Powerledger down today?
Powerledger (POWR) is down 3.1% in the last 24 hours, trading at $0.0531. The whole crypto market is −2.9%, so this is mostly a market-wide move. Trading volume is running at 3.4× its 30-day average.
Will Powerledger go back up?
Nobody can know that in advance, and Blockdeck does not make price predictions. What the data shows: POWR is +2.68% over 7 days and −20.48% over 30 days. Check the live chart and the signals above, and never trade more than you can afford to lose.
How is this explanation made?
From measured market data, refreshed every few minutes: the whole market's move, POWR's link to Bitcoin over 30 days, its sector, trading volume against its 30-day average, recent news, where the price sits in its range, and market sentiment. Nothing here is guessed or written by hand.
Explanations are built from market data and are not financial advice.