Question 1

Why is POKT’s price up today? (13/09/2025)

Accepted Answer

## TLDR  
Pocket Network (POKT) rose **2.94%** in the past 24h, slightly outpacing the broader crypto market (+1.73%). Here are the main factors:

1. **Mainnet Upgrade Anticipation** – Exchanges paused deposits/withdrawals ahead of a major network upgrade, sparking short-term speculative activity.  
2. **Partnership Momentum** – Recent collaborations (e.g., OverProtocol) boosted sentiment around POKT’s decentralized infrastructure role.  
3. **Technical Rebound** – Oversold conditions and bullish MACD divergence hinted at a near-term recovery.

---

## Deep Dive  
### 1. Mainnet Upgrade & Exchange Suspensions (Mixed Impact)  
**Overview:**  
Bithumb and Upbit [halted POKT deposits/withdrawals](https://coinmarketcap.com/community/articles/689b0a9cb37c031160651882) on August 12 ahead of Pocket Network’s mainnet upgrade. While trading remains active, users rushed to adjust positions before the freeze, likely contributing to volatility.

**What this means:**  
- **Bullish angle:** Upgrades often signal protocol improvements (e.g., scalability, security), attracting long-term interest.  
- **Bearish risk:** Temporary liquidity constraints could amplify price swings post-upgrade resumption.

**What to watch:**  
Confirmation of upgrade success and resumed exchange operations by August 13–14.

---

### 2. Strategic Partnerships & Ecosystem Growth (Bullish Impact)  
**Overview:**  
Pocket Network’s July partnership with OverProtocol ([announced June 29](https://coinmarketcap.com/community/articles/6861c7c218cdca683258821b)) aims to expand decentralized infrastructure in South Korea. This follows integrations with Lit Protocol and Bancor, positioning POKT as a critical Web3 middleware layer.

**What this means:**  
- Increased demand for POKT tokens to stake or pay for decentralized RPC services.  
- Growing adoption in Asia (a key Web3 growth region) strengthens network utility.

---

### 3. Technical Indicators Signal Short-Term Rebound (Neutral)  
**Overview:**  
POKT’s price ($0.0341) reclaimed its 7-day SMA ($0.0329), while the MACD histogram turned positive (+0.0002373) for the first time in two weeks. However, the RSI (42.83) remains neutral, suggesting limited momentum.

**What this means:**  
- The bounce aligns with a broader altcoin rally (Altcoin Season Index up **69%** in 30 days).  
- Resistance at the 30-day SMA ($0.0354) could cap gains unless volume sustains.

---

## Conclusion  
POKT’s 24h rise reflects a mix of upgrade-driven speculation, partnership momentum, and technical rebound signals. While bullish catalysts exist, the token remains **19% below its 60-day high**, requiring sustained network usage growth to reverse its mid-term downtrend.

**Key watch:** Post-upgrade exchange activity and September’s Altcoin Season Index trajectory.

Question 2

Why is POKT’s price down today? (11/09/2025)

Accepted Answer

## TLDR  
Pocket Network (POKT) fell **1.63%** over the last 24h, underperforming the broader crypto market (+0.85%). While weekly gains (+3.37%) suggest short-term resilience, the token remains down **19.76%** over 30 days. Key factors:

1. **Exchange Suspensions** – Bithumb/Upbit halted POKT deposits/withdrawals for a mainnet upgrade (bearish short-term liquidity).  
2. **Technical Correction** – Price rejected at key Fibonacci resistance ($0.0349) amid bearish RSI momentum.  
3. **Market Rotation** – Altcoin season index surged 30% weekly, but POKT missed broader risk-on flows.

---

## Deep Dive

### 1. Exchange Suspensions (Bearish Impact)  
**Overview:**  
Bithumb and Upbit [suspended POKT deposits/withdrawals](https://coinmarketcap.com/community/articles/689b0a9cb37c031160651882) on August 12 ahead of Pocket Network’s mainnet upgrade. While standard procedure, this temporarily reduced liquidity access for Korean traders, who drove a 250% price surge during POKT’s May 2025 listing.

**What this means:**  
South Korea accounts for ~15% of POKT’s spot volume. Restricted access likely triggered short-term sell pressure from traders rebalancing portfolios.

**What to look out for:**  
Resumption timelines (no updates yet) and post-upgrade network stability.

---

### 2. Technical Resistance (Mixed Impact)  
**Overview:**  
POKT faces resistance at the 23.6% Fibonacci retracement level ($0.0349). The RSI (42) shows weakening momentum, while the MACD histogram turned positive but remains below the signal line.

**What this means:**  
Traders may view the 24h dip as profit-taking after a 7-day rally. However, the 30-day SMA ($0.0361) now acts as overhead resistance, requiring sustained buying to break higher.

---

### 3. Altcoin Rotation Mismatch (Neutral Impact)  
**Overview:**  
The Altcoin Season Index surged 30% weekly, signaling capital rotation into smaller tokens. However, POKT’s 24h volume fell 14% to $1.3M, suggesting weaker speculative interest despite sector tailwinds.

**What this means:**  
Investors may favor newer narratives (e.g., AI tokens) over decentralized infrastructure projects like POKT in the current cycle.

---

## Conclusion  
POKT’s dip reflects localized exchange disruptions and technical headwinds, overshadowing its role in Web3’s decentralized infrastructure. While network upgrades could strengthen fundamentals, the token needs sustained demand catalysts to decouple from its bearish monthly trend.

**Key watch:** Can POKT reclaim $0.0349 (Fib 23.6%) to signal bullish reversal, or will sub-$0.03 support retests dominate near-term trading?

Latest Pocket Network (POKT) Price Analysis

Why is POKT’s price up today? (13/09/2025)

TLDR

Deep Dive

1. Mainnet Upgrade & Exchange Suspensions (Mixed Impact)

2. Strategic Partnerships & Ecosystem Growth (Bullish Impact)

3. Technical Indicators Signal Short-Term Rebound (Neutral)

Conclusion

Why is POKT’s price down today? (11/09/2025)

TLDR

Deep Dive

1. Exchange Suspensions (Bearish Impact)

2. Technical Resistance (Mixed Impact)

3. Altcoin Rotation Mismatch (Neutral Impact)

Conclusion