People cryptocurrency price chart analysis in 1-hour time frame:
1. Strong uptrend: sharpest increase of all cryptocurrencies in the last 24 hours
2. support and resistance levels:
Support level: Previously, the $0.09650 level caused the price $PEOPLE to reverse twice to create 2 peaks. Currently, the price has broken through and this price level will be the support zone, everyone can buy again at this price level.
Resistance level: price levels $0.10777 and $0.11618 will be the next two price levels to see a retracement.
3. Technical indicators:
Moving average: Forms dynamic support at $0.08641.
MACD: Shows an uptrend.
RSI: price is overbought.
4. Conclusion: prices may continue to rise.