PEOPLE - Doesn't look promising
Looking at the weekly, we can see that the pump on the last few days doesn't mean much on a larger picture.
There is major resistance at 0.035 which has held strong over the last 12 months, and a consolidation triangle was formed.
Triangles are more often continuation patterns, so the higher probability is for a continuation to the downside.
Right now bulls are trying to fight the breakdown, but let's see what the next couple of weeks have for us.
