Well, there is one main thing that should be taken into consideration for the price at this moment. @richardcrill has been purchasing tokens consistently since the price was at 0.05 and below, so there has been a substantial buy wall in the order book at various price points. This has also been backed up with other moderate-sized buy walls at various prices, usually around 200-1000 POB (@trostparadox placed in an order for around 600 POB recently at 0.248). This is great to see since these guys are buying to stake and they're not putting any (or very little) liquidity back into the order book. It's also worth watching out for since these guys have a considerate advantage on token holdings early on and earn much larger curation rewards in relation to other holders. When governance starts and big liquid sell-offs start to appear it may become apparent that the community should have been asking more questions instead of sitting idle.

Alongside richardcrill's consistent buying at the top buying price, he is also picking up sell orders from people dropping in larger portions of liquidity. I noticed that he bought 800POB from @leprechaun the other day at 0.4.

Of course, there are other people trying to buy POB too which is causing a slowly increasing price due to the scarcity of the token right now (most are staking). With that being said, there are still consistent sales of curation rewards from people daily which is keeping the market active. I think it's a smart move by these sellers if they're wanting to sell a portion of their potential stake to diversify or protect themselves from a potential failure.

I've noticed richardcrill has a powerdown active for HIVE with around 500 hive being received per week. I don't know his intentions obviously, or know what the end goal is, but it will definitely be interesting to see how the market will change if/when he decides to back off from buying POB.

We are on a blockchain for anyone that has forgotten. We can see all transactions made by certain accounts. Instead of putting out half-arsed predictions or trying to throw together some technical analysis with no grounds, start following the bread crumbs.

https://he.dtools.dev/@richardcrill?symbol=POB
https://he.dtools.dev/@trostparadox?symbol=POB
https://he.dtools.dev/@leprechaun?symbol=POB

(shared since these guys are the top three major stakeholders of the platform, excluding @proofofbrainio since I'd imagine their intentions would be clearly for the long-term success of the platform, but even so, still keep an eye on that too)

https://he.dtools.dev/@proofofbrainio?symbol=POB