SELL: 0,00000505 - 0,00000520, 0,00000690 - 0,00000720
The creators of WePower develop the idea of popularizing alternative energy sources. For these purposes, a specialized platform has been implemented, which, on the smart contracts basis, will ensure the interaction of producers and consumers in the energy supply area. The blockchain-based platform is given the opportunity to create energy capacity, attracting funds for the construction of power plants.
WePower's tokens distribution scheme means that investors receive a certain amount of electricity, which the company undertakes to sell in accordance with a smart contract. Tokens are proof of ownership of the appropriate amount of energy.
WePower was launched in January 2017, and in July 2017, a project to generate 1000 MW of power was implemented. An agreement on integration into existing electrical networks was signed.
On September 12, the minimum WPR price was formed at the level of 0.00000242. After that, for 5 days, the asset grew up by 105%, and October 31, it showed an increase of about 215% from the minimum. This was due to the appearance of big long deals, and the tokens have stayed in the portfolios. The November fall of the rate together with the whole cryptomarket was marked by the absence of big sales, the token is still interesting for investors. This kept the asset from updating the minimum, unlike most altcoins. November 26 was the growth in trading volumes, and the price showed a good gain.
A comfortable asset entry point is at the level of 0.00000368 - 0.00000375, we allocate half of the token's deposit to this. Another half we left for purchase in the area of 0.00000352 - 0.00000360, it is likely that the price will fall to these values. Support is at the level of 0.00000352. Just below we put a stop-loss - 0.00000348. Please note that due to the high , the price may briefly break through this line, so take the risks according to your risk management. The chart shows the accumulation zone 0.00000324 - 0.00000427, the open long deal in this range is safe, when the price break it up, the upper boundary of the zone will become a support line.
Strong resistance is at the level of 0.00000513. From the 0.00000458 there may be a slight rollback of the asset. We sell part of the asset in the range of 0.00000505 - 0.00000520, the second sales zone - 0.00000690 - 0.00000720.
The average day is 7-15%, but periodically there are big purchases that cause spikes in rates by 30-40%. Note that in September the average volumes have tripled, and the current liquidity allows you to comfortably trade during the daytime session. The minimum growth potential on the chart is + 250%.
The WPR Token is suitable for both intraday trading and long-term investments. We carefully follow the development of the project.