In this ConstitutionDAO technical analysis, we will examine the current price action, trading volume, key levels and indicators for PEOPLE-USDT. Here are three sentences about ConstitutionDAO (PEOPLE) cryptocurrency: 1. ConstitutionDAO (PEOPLE) is a decentralized autonomous organization (DAO) that aims to promote and protect the principles enshrined in the United States Constitution. 2. The cryptocurrency of ConstitutionDAO (PEOPLE) is designed to be a tool for advocacy, education, and community engagement, with the goal of fostering a more informed and active citizenry. 3. By leveraging blockchain technology and smart contracts, ConstitutionDAO (PEOPLE) seeks to create a transparent and inclusive platform for citizens to participate in the democratic process and hold elected officials accountable.
ConstitutionDAO Price Overview:
As of October 02, 2023, ConstitutionDAO is trading at approximately 0.00972 USDT. Let’s dive into the detailed price action for PEOPLE-USDT:
| Metric | Value |
|---|---|
| Open (O) | 0.01061 |
| High (H) | 0.01066 |
| Low (L) | 0.00932 |
| Close (C) | 0.00972 |
| Volume (C) | 133,337,065.10 |
- Open (O): The opening price for today’s trading session was approximately 0.01061 USDT.
- High (H): ConstitutionDAO reached a daily high of around 0.01066 USDT.
- Low (L): The daily low for PEOPLE-USDT was approximately 0.00932 USDT.
- Close (C): At the time of analysis, ConstitutionDAO is trading near its daily close of 0.00972 USDT.
| Metric | Value |
|---|---|
| 1D Change (%) | -8.22% |
| 3D Change (%) | -7.78% |
| 7D Change (%) | 0.10% |
| 30D Change (%) | 4.18% |
| 90D Change (%) | -29.36% |
| YTD Change (%) | -52.05% |
Over the past three days, PEOPLEUSDT has fallen by approximately -7.78%, showcasing increased market volatility. Throughout the last week, it continued to increase, with a gain of around 0.10%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with PEOPLEUSDT maintaining an upward trend of approximately 4.18%, despite intermittent fluctuations. Examining the last 90 days, PEOPLEUSDT has witnessed substantial decrease of approximately -29.36%, reflecting strong long-term confidence. Year-to-date, PEOPLEUSDT has steadily dropped by around -52.05%, attracting both institutional and retail investors and highlighting its potential as a long-term investment.
ConstitutionDAO Live Chart:
You can access a live price chart for PEOPLE-USDT on various cryptocurrency market websites or trading platforms. These charts provide real-time data, allowing you to track price movements and indicators as they evolve.
Price Volatility and Momentum:
- Volatility score is 0.63073.
- Momentum score is 0.0418.
PEOPLE USDT Technical Analysis
ConstitutionDAO Trading Volume:
The trading volume for ConstitutionDAO (PEOPLE) over the past 24 hours has been significant, with approximately 133,337,065.10 USDT traded against PEOPLE. Elevated trading volume often indicates increased market activity and can be an essential factor to consider in technical analysis.
Moving Averages:
- 50-day Simple Moving Average (SMA): PEOPLE is currently trading below the 50-day SMA, indicating short-term bearish momentum.
- 200-day Simple Moving Average (SMA): ConstitutionDAO is also trading below the 200-day SMA, indicating a negative long-term outlook.
Relative Strength Index (RSI):
- The RSI30 for PEOPLE-USDT is currently in the neutral zone, around 45.88461. This suggests that ConstitutionDAO is in range-bound territory.
Analysis from TradingView:
Our Key Takeaways:
ConstitutionDAO (PEOPLE-USDT) is currently exhibiting signs of short-term bearish momentum, with key support and resistance levels in focus. Traders and investors should closely monitor the USDT monthly resistance level and the USDT support level for potential trading opportunities. Additionally, the neutral RSI and significant trading volume are neutral signals for potential sideways movement.
Disclaimer: The information provided herein, including any technical analysis of cryptocurrencies, is for informational and educational purposes only. It should not be considered as financial advice or a recommendation to buy, sell, or hold any cryptocurrency or make any financial decisions.
Cryptocurrency markets are highly volatile and speculative. Past performance is not indicative of future results, and there are no guarantees of profit or protection against losses. Cryptocurrency investments are subject to significant risks, including but not limited to market fluctuations, regulatory changes, and technological vulnerabilities.
Technical analysis involves the use of historical price and volume data, patterns, and indicators to make predictions about future price movements. It is a subjective and speculative approach to market analysis and should not be the sole basis for making investment decisions.
