Since March 28, ANKR had been trading inside an ascending parallel channel. This channel usually carries a variety of corrective movements. Ankr price is up 6.5% in the last 24 hours. The token broke out on August 21, and it stayed there until it validated the $0.086 area. The upward momentum is being supported by the increasing trend in the MACD and the RSI.
This is especially visible in the case of ANKR, which is currently in the process of moving above the 50 lines. Ankr is a blockchain-based data feed system that uses the latest hardware and cryptographic primitives.
PoUW is a blockchain framework that enables a self-sustainable method of keeping track of useful work tasks. The PoUW protocol is powered by SGX-compatible CPUs. It provides secure and reliable computing power to people around the world. The incentive system makes it possible to generate blocks with minimal effort.