Analysis of ConstitutionDAO (PEOPLE) – May 26, 2025. #PEOPLE
📊 Market Summary
Current price: $0.0243 USD
24h Change: +2.7%
24h Volume: $59.5 million
Market capitalization: $123.7 million
24h Range: $0.0226 – $0.0248
Circulating supply: 5.06 billion of #people🔥🔥
🧩 Technical Analysis (4H Chart)
Overall trend: PEOPLE shows a sideways trend with a slight upward inclination in the last 72 hours.
Key supports: $0.0225 and $0.0210
Key resistances: $0.0255 and $0.0270
Technical indicators:
RSI (14): Currently at 52.5, indicating a neutral market with the potential for movement in either direction.
Simple Moving Averages (SMA):
SMA 50: $0.0171
SMA 200: $0.0324
The current price is between both, suggesting a possible consolidation before a significant movement. The Fear and Greed index for PEOPLE is at 47.28, indicating a slight leaning towards fear.
#people🔥🔥 is in a consolidation phase with a slight bullish bias. We should closely monitor the mentioned support and resistance levels, as well as key technical indicators. Since the ConstitutionDAO project has concluded, it is essential to consider the lack of long-term fundamentals when making investment decisions, so be very careful.