Po.et Heading in the Right Direction

Po.et is trading higher 14.14% over the past 24 hours. The crypto is still only trading a fraction of the price that it hit in early January when it spiked to $0.28. The coin is up over 60% for the past month, and traders will be watching to see if the push higher wil continue.

Watching some recent crypto trading data, we note that Po.et (POE) has hit $0.0602 on volume of 11261643 for the day. Following some key RSI values, we note that the one-week is presently 79, the two-week relative strength is 77 and the four-week relative strength of the cryptocurrency is 92. Taking a deeper look at some other time frames, we note that the thirteen-week RSI is 46, and the twenty-six week relative strength is 87. All RSI values land on a scale from 0 to 100.

The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of crypto price movements. The RSI was developed by J. Welles Wilder, and it oscillates between 0 and 100. Generally, the RSI is considered to be oversold when it falls below 30 and overbought when it heads above 70. RSI can be used to detect general trends as well as finding divergences and failure swings.

Po.et Profile

Po.et (Symbol: POE) is a shared, open, universal ledger designed to record metadata and ownership information for digital creative assets. Po.et is a continuation of Proof of Existence, the first non-financial application of the blockchain. By creating an open platform on the Bitcoin blockchain, Po.et aims to create the most institutional, globally-verifiable record of digital media assets. This record will be a framework for building smart, interoperable media applications using a shared, standard and extensible metadata format. Blockchain technologies have revolutionized the financial industry by creating an immutable and distributed accounting ledger serving as a platform for financial applications. In the same way, Po.et will transform the publishing industry by creating an immutable and distributed ledger for creative works that may serve as a platform for both centralized and decentralized media applications.

Recent Tweets From @_poetproject

FRI APR 20

Po.et
Some great coverage from @jarroddicker ‘s time at the ISOJ conference:https://buff.ly/2JaCOdB 
THU APR 19

Po.et
If you’re a developer and have questions about http://Po.et , find us on Github or Gitter! http://github.com/poetapp/  & http://gitter.im/poetapp 
WED APR 18

Po.et
Right now! @jarroddicker is live on @tokendaily to answer your deep dive, questions about media, blockchain & future! https://buff.ly/2JTZ5xk 
WED APR 18

Po.et
In less than an hour, @jarroddicker will be live on @tokendaily (11am PST) for a deep dive, answering all questions media, blockchain & future! https://buff.ly/2JTZ5xk 
WED APR 18

Po.et
Today, @jarroddicker is speaking at the Forbes event “Blockchain in Publishing: Innovation or Disruption?” You can learn more about it here: https://buff.ly/2EU0nET