3 Trending Altcoins Set To Rally As Binance Listing These Pairs Next

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Jun 04 2024

PEOPLE-1.19%

HIGH-2.685%

TNSR-2.004%

Should l Buy PEOPLE?

Binance Expands Support for Altcoins: Binance, the world's largest crypto exchange, has added support for three trending altcoins - ConstitutionDAO (PEOPLE), Highstreet (HIGH), and Tensor (TNSR) for spot trading.
New Trading Pairs and Services: Binance will introduce new trading pairs and trading bot services for the mentioned altcoins to enhance users' trading experience and meet increasing demand.
Altcoins Available for Trading: Users can start trading HIGH/TRY, PEOPLE/FDUSD, and TNSR/USDC pairs on June 5 with special fee offers, potentially leading to price surges due to high trading volumes.
Restrictions on Trading: The new trading pairs are not available in specific countries, including the United States and its territories, Canada, Iran, Syria, and others.
Delisting of Other Cryptocurrencies: Binance is delisting Waves (WAVES), OMG Network (OMG), NEM (XEM), and Wrapped NXM (WNXM) while focusing on the newly added altcoins that have rallied significantly.

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Technical Analysis for PEOPLE

Technical Sentiment Analysis for ConstitutionDAO (PEOPLE) As of , ConstitutionDAO (PEOPLE) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for PEOPLE stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, PEOPLE is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

ConstitutionDAO (PEOPLE) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	0.00291	0.00425	0.00569	0.00703	0.00847	0.00981	0.0113
Fibonacci	0.00425	0.00531	0.00596	0.00703	0.00809	0.00874	0.00981

About PEOPLE

Constitution DAO was an experiment that has now been dissolved. In November 2021, a group web3-enthusiasts gathered as a decentralized autonomous organization with the shared objective of buying a copy of the U.S. Constitution at a Sotheby’s Auction. There are only 13 original physical copies of the U.S Constitution in existence, which meant that this auction sparked a competitive bidding battle. Even though the group managed to raise well over $40 million in ETH, it ultimately fell short and was outbid by Ken Griffin, a billionaire hedge fund manager and CEO of Citadel.Constitution DAO announced that it would disband after its unsuccessful grassroots attempt to buy one of the most valuable and iconic documents in U.S. history. All donations are being refunded.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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