đ PEOPLE/USDT Chart Analysis & Prediction đ
1. Overview of PEOPLE/USDT Trend đ
PEOPLE/USDT is currently trading at $0.08444, showing a positive gain of 5.99%. The price reached a high of $0.09089 in the past 24 hours, suggesting growing bullish momentum as it bounces from a recent support level.
2. Key Indicators đ
âą Bollinger Bands: The price is close to the upper Bollinger Band at $0.08629, indicating that volatility has increased and a breakout could be approaching.
âą RSI (Relative Strength Index): With an RSI(6) value of 55.91, the asset is in a relatively neutral zone, suggesting there is still room for upward movement without immediate risk of overbought conditions.
âą MACD: The MACD shows a slight bullish crossover, with MACD(12) above the signal line. This is a positive sign that upward momentum might continue.
3. Support & Resistance Levels đ ïž
âą Support: The recent support level stands at $0.07867, which could act as a strong base if the price retraces slightly.
âą Resistance: Immediate resistance is around $0.09089, the recent high. Breaking above this level could push the price towards a new high in the $0.095-$0.10 range.
4. Price Prediction đź
With increasing volume and a neutral RSI, PEOPLE/USDT could continue its upward trend, potentially testing the $0.09 resistance. If it breaks through, the price might reach $0.095 or even $0.10 in the short term.
#TetherUnderInvestigation #USJoblessClaimsDip #BTC67KRebound #CryptoPreUSElection #ETHBTCNewLow