PEOPLE price reaches $0.04275 per coin, up 3.09% during the day

DAO today's price quote, PEOPLE latest price breakout to $0.04275, up 3.09%, trading volume $8066.32 million Based on the analysis of the k-chart, it is now in an oscillating trend. It rose sharply from 15:00, recovered from 13:00, and fell from 09:00. A rise in price but a fall in volume usually means that the upward momentum of the market is weakening and the number of buyers is decreasing. This volume-price divergence may be due to a lack of selling. In this case, prices may retrace or move sideways in the future. Due to the lack of trading volume support, the price rise may be unsustainable and investors should be alert to the risk of a price pullback at higher levels. It is advisable to keep an eye on whether the trading volume can keep up with the price rise and whether there is new buying intervention. Low market heat and reduced trading volume. The Williams indicator points out that there is no overbought or oversold condition. The volume of trading has decreased recently, the volume of trading is lower than in the previous hours, the price is rising and the volume of trading is decreasing: the upward momentum is weakening. Rising momentum is weakening, it is recommended to operate cautiously, pay attention to the changes in volume and price, and avoid entering blindly. The above content is for reference only and does not constitute investment advice.