Latest Pocket Network (POKT) Price Analysis

Deep Dive

1. Technical Resistance & Bearish Signals (Bearish Impact)

Overview: POKT’s price ($0.0144) trades below critical moving averages (7-day SMA: $0.01685, 30-day SMA: $0.016939), signaling weak momentum. The RSI (41.58) hovers near oversold territory but hasn’t reversed, while Fibonacci retracement levels show resistance at $0.0159 (78.6%) and $0.01757 (61.8%).

What this means: Traders likely sold into the breakdown below $0.015, exacerbating downward pressure. Low liquidity (turnover: 7.5%) amplified volatility, with volume down 10.23% in 24h.

Key metric to watch: A sustained close above $0.0159 could signal relief, but failure risks a retest of the 2025 low ($0.0138).

2. Post-Upgrade Uncertainty (Mixed Impact)

Overview: The November 10 completion of Pocket’s Shannon Upgrade shifted development to a decentralized model, with core contributor Grove exiting. While this aligns with long-term decentralization goals, the transition coincided with reduced short-term momentum (Pocket Network).

What this means: Some investors may have taken profits after the upgrade, fearing reduced institutional involvement. However, partnerships (e.g., Cosmos integration on September 3) and deflationary tokenomics (burn mechanism) could stabilize prices once the new governance model proves effective.

3. Altcoin Weakness Amid Market Fear (Bearish Impact)

Overview: The crypto Fear & Greed Index hit “Extreme Fear” (15) on November 18, with Bitcoin dominance rising to 58.19%. Altcoins like POKT faced outsized selling as traders rotated into perceived safer assets.

What this means: POKT’s 24h decline (-5.17%) outpaced the total market (-4.49%), reflecting its high-beta status. With altcoin season index at 32/100 (up 6.67% in 24h), speculative interest remains muted.

Conclusion

POKT’s drop stems from technical breakdowns, post-upgrade profit-taking, and a risk-off crypto environment. While decentralization efforts could strengthen the network long-term, near-term sentiment hinges on reclaiming key technical levels and broader market stabilization.

Key watch: Can POKT hold above its 2025 low ($0.0138) amid persistent fear-driven trading?

Deep Dive

1. Shannon Upgrade Catalyzes Decentralization (Bullish Impact)

Overview:
The Shannon Upgrade completed on November 10, 2025, marked Pocket Network’s transition to a fully decentralized protocol, removing centralized gateways and introducing burn mechanics for POKT. This aligns with growing demand for censorship-resistant Web3 infrastructure, especially after AWS outages disrupted major platforms in October.

What this means:
- Deflationary pressure: Each relay request now burns POKT, tightening supply as usage grows.
- Institutional interest: Partnerships like OverProtocol (June 2025) and Cosmos integrations position POKT as a critical middleware layer.
- Sentiment boost: Leadership shifts to community-driven governance signal maturity, per Chris Jenkins’ statement.

What to look out for:
Q4 2026 roadmap updates, including AI/LLM-compatible APIs and stablecoin integrations.

2. Technical Indicators Signal Short-Term Strength (Mixed Impact)

Overview:
POKT’s RSI-7 hit 78.96 (overbought) on November 15, while the MACD histogram turned positive (+0.00067) – its first bullish crossover since early October. Price holds above the 7-day SMA ($0.0168), but faces resistance at the 23.6% Fibonacci level ($0.0214).

What this means:
- Traders may be front-running a potential breakout above $0.0214, though weak volume (-33.9% crypto-wide) limits conviction.
- The 200-day SMA at $0.0322 remains a distant target, highlighting long-term bearish pressure.

Conclusion

POKT’s minor 24h gain reflects cautious optimism post-Shannon Upgrade, amplified by technical rebounds and infrastructure narratives. However, macro headwinds (Extreme Fear sentiment, -15.6% crypto market cap monthly) and high circulating supply (2.28B POKT) cap upside.

Key watch: Can POKT sustain relays above 1 trillion/day (Q3 2025 levels) to validate its burn-driven deflation model? Monitor the Gateway throughput dashboard for usage trends.