Latest PublicAI (PUBLIC) Price Analysis

Deep Dive

1. Technical Downtrend (Bearish Impact)

Overview: PUBLIC’s 7-day RSI (62.01) sits near neutral, but 21-day RSI (47.69) signals weakening momentum. Price trades below key moving averages ($0.0649 SMA-7), confirming a bearish trend.

What this means: Traders often interpret prices below short-term moving averages as a signal to reduce exposure. The lack of bullish divergence in RSI metrics suggests limited buying interest at current levels.

What to look out for: A sustained break above $0.065 could signal trend reversal, while a drop below $0.052 (September 1 low) may trigger panic selling.

2. Liquidity Crunch (Mixed Impact)

Overview: Trading volume plummeted 69.97% to $2.95M, while turnover ratio (volume/market cap) sits at 0.23 – indicating thin, unstable markets.

What this means: Low liquidity magnifies price moves, allowing modest sell orders to disproportionately impact valuations. This environment often deters institutional participants, creating a negative feedback loop.

3. Mixed Fundamental Catalysts

Overview: Despite a 2M token buyback ($129k) on September 2 (DaCryptoGeneral) and a Chainlink partnership announcement, selling pressure persists.

What this means: Buybacks typically signal confidence, but PUBLIC’s 54% monthly drop suggests investors prioritize macro risks like high circulating supply (201M tokens) and competition in AI-data projects. The project’s $14M revenue and enterprise deals (SherifDefi) have yet to translate into sustained demand.

Conclusion

PUBLIC’s decline reflects technical headwinds, liquidity risks, and cautious sentiment toward its revenue-driven token model. While fundamentals show long-term potential, short-term traders appear focused on market structure weaknesses.

Key watch: Can PUBLIC hold the $0.052 support zone, or will shrinking liquidity trigger another leg down?

Deep Dive

1. Revenue-Driven Buybacks (Bullish Impact)

Overview: PublicAI executed a 2M PUBLIC token burn ($129k) on September 2, part of a policy directing 90% of platform revenue to buybacks. This mechanism ties token value to real-world demand for AI training data.

What this means: Reduced circulating supply creates deflationary pressure, countering heavy selling from early unlocks. With $14M in signed enterprise contracts, recurring buybacks could stabilize prices. However, reliance on customer adoption introduces execution risk.

What to look out for: Quarterly burn reports and new client announcements.

2. Chainlink Partnership (Bullish Impact)

Overview: PublicAI joined Chainlink’s BUILD program on September 3, integrating human-validated data into oracle feeds for DeFi and AI applications (Chainlink).

What this means: The collaboration expands use cases for PUBLIC tokens beyond the native platform, attracting developers seeking high-integrity AI data. Chainlink’s ecosystem reach (1,700+ projects) could drive network effects.

3. Technical Recovery (Mixed Impact)

Overview: PUBLIC’s 7-day RSI rose to 53.02 (neutral), recovering from oversold levels. The price broke above its 7-day SMA ($0.0649), though remains 52% below its August 15 all-time high of $0.1541.

What this means: Short-term momentum favors buyers, but the 30-day SMA ($0.00) suggests unresolved long-term bearish pressure. A sustained move above $0.066 (current price) could target $0.07–$0.08 resistance.

Conclusion

PUBLIC’s rebound reflects a mix of tokenomics tightening and partnership-driven optimism, though macro downtrends persist. Key watch: Can trading volume sustain above $9.8M (current 24h level) to confirm buyer conviction?