PEOPLE price reaches $0.08862 per coin, up 3.07% on the day
Real-time price quotes, PEOPLE today's latest price reached $ 0.08862, up as much as 3.07%, the trading volume of $ 7809.08 million
By analysing the k-chart, it is currently trending up. It is down sharply from 13:00, up from 07:00 and down from 10:00. When price and volume show a simultaneous rise, it usually means that the market is supported by strong buying.
Buyers are actively trading at higher price levels, showing optimistic market sentiment and strong bullishness. In this case, prices are likely to continue to rise in the future as market momentum is strong and buying continues to increase.
Investors should keep a close eye on the breakout of key resistance levels, as a sustained breakout and stabilisation of the price at higher levels would indicate a continuation of the uptrend. Increased trading volume, where both price and volume are rising at the same time, indicates strong upward momentum.
According to the Williams indicator, the situation is not overbought or oversold. The recent increase in trading volume, an increase in trading volume compared to the previous hours, and a simultaneous rise in price and trading volume: active trading and strong upward momentum.
The market is strong and the uptrend is likely to continue, it is recommended to buy on the low side and set a stop-loss level.
The above is for reference only and does not constitute investment advice.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Layer 1 tokens generally rose, ADA rose by more than 25% in 24 hours
VanEck: Three key indicators show that Bitcoin may have further room to rise
VanEck: Reiterates Bitcoin's $180,000 target price remains unchanged