- Pirate chain coin price is currently in a consolidated momentum with a loss of 4% in the intraday session. Meanwhile, ARRR coin price may hit a high of $5 in the near future.
- ARRR crypto price suggests a consolidated momentum for upcoming weeks. In contrast, ARRR/BTC pair looks to break the previous resistance
ARRR crypto price is currently in a consolidated momentum and is trading near the value of $2.27. It has seen a loss of more than 5% in the intraday session. ARRR coin price has an ROI of more than 4700% which has always remained a selling point for the project. ARRR crypto price is moving below the 0.786 fib and can observe support near 1fib.
Pirate chain is ranked 224th in the crypto verse with a market capitalization of $454,501,279. The volume of the ARRR coin is seeing a decline from the past few days. Volume to market capitalization ratio of the Pirate chain shows that it may continue the consolidation phase. One can invest in ARRR crypto as per their risk capacity.
Bulls And Bears Both Are Resting In ARRR Crypto Price
The weekly technical chart of the Pirate chain showcases a bearish trend for the upcoming weeks.. On coming to the daily chart the price is forming a strong support near $2.. Resistance for the ARRR crypto price while going above can be seen near $4. One can expect a bounce back in the Pirate chain from $1.5. The price of the asset is currently below the 50 and 100 Daily Moving Average, with a negative crossover. ARRR coin price negative crossover can act against the bulls in the long run.The 100 MA line is currently near the value of $3.86 making it a temporary hostile region for the price. Price of the coin has seen a jump above 100 DMA in the past, and can see a new rise. If the price of the Pirate chain goes above $5 then a strong uptrend can be observed. ARRR/BTC pair is currently in a slump but can soon observe a rise in the future.
Conclusion
ARRR crypto price is currently in a consolidated momentum but can soon rise to the new high . Pirate chain price has given huge returns to the investors in the past and can do the same in the future. ARRR/BTC pairs can also accompany the gains in the future.
Technical Levels
Major Support: $2
Major Resistance: $5