Energy Web is accelerating a low-carbon, customer-centric electricity system by enabling any energy asset owned by any customer to participate in any energy market.
They have developed and deployed open-source decentralized technologies—the Energy Web Decentralized Operating System (EW-DOS). It has a global community of more than 100 energy market participants. EW-DOS includes front-end applications and a variety of software development toolkits focused on decentralized identities, renewable energy markets, and grid integration of distributed energy resources. It’s all anchored by the Energy Web Chain, the first open-source, enterprise blockchain platform tailored to the energy sector. This will start affecting EWT Price.
Renewable Energy Markets
EW Origin software development toolkit is designed for building new solutions for corporate renewable energy procurement, 100% certified renewably-powered electric vehicle charge guarantees, low-carbon fuel sourcing, and avoided carbon tracking in alignment with relevant market standards and regulations.
Digital solutions like EW Flex software development toolkit can help grid operators tap into the vast and growing pool of customer-owned and -sited assets, while enabling customers to improve the economics of DER ownership via increased participation in a variety of wholesale energy markets and/or demand-side management programs.
The right types of digital solutions are needed to seamlessly manage vehicle identities, green EV charging, grid flexibility, services and financial settlement. Together, the EW Origin and EW Flex software development toolkits can help with this.
Let us review EWT Price
EWT/USD – Price Prediction
EWT has been maintaining a beautiful ascending trendline support. It has also formed a good support around $13.8 and is currently trading above the support fib at $16.72. As long as EWT is above this fib, we could start seeing a move towards $21.28, $23.28, $25.83, $33.20 and $45.12. Failure to hold the support at $16.72 could lead to a drop towards the support at $13.88 and $11.68. These could be good places to add long orders for EWT.
EWT is currently trading at $20.10 with a market cap of $686,629,022. Its 24 hour trading volume was $13,797,194.
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