PEOPLE -6062.91% in 1 Year Amid Sharp Technical Downtrend
On SEP 1 2025, PEOPLE dropped by 262.88% within 24 hours to reach $0.0182, PEOPLE dropped by 299.31% within 7 days, dropped by 262.88% within 1 month, and dropped by 6062.91% within 1 year.
Technical indicators suggest a continued bearish trajectory for PEOPLE, with key support levels breaking rapidly. The Relative Strength Index (RSI) has fallen below 30, indicating oversold conditions, while the Moving Average Convergence Divergence (MACD) remains negative, reinforcing the downward momentum. Price action has also failed to close above critical moving averages, signaling a lack of bullish conviction. Analysts project further downside risks if short-term volatility continues to erode investor confidence.
The recent collapse of PEOPLE has raised concerns among holders and market participants. A combination of weak on-chain metrics and declining exchange volume suggests that selling pressure is not showing signs of abating. Investors are closely watching whether the asset can find a stabilizing floor. At present, the asset appears to be in a technical distribution phase, with no clear sign of a reversal pattern forming on candlestick charts.
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