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- Arweave coin price is currently seeing a strong upside momentum which can lead it to a new high.It is up by more than 20% in the past 24 hours.
- AR has been building a social media network with the help of SOL which has acted as a push for the price. In contrast, AR/BTC pair is up by more than 19% in the past 24 hours.
AR coin price is currently seeing a strong upside momentum which can push it to a new high in the future. Arweave coin price is currently seeing a gain of more than 20% in the intraday session and is trading near the value of $56. It has an ROI of more than 59789% and is growing for more. It is down by more than 55% from its all-time high. The volume of the coin is also surging which can push the price to a new high. The market dominance along with the market cap is also seeing a strong upside trend and can soon reach a new high in the future. One can forecast a strong upside momentum in the price for the future.
Arweave is currently building a social media network with the help of Solana. It can act as a strong catalyst for the price to reach a new high.
Technical Indicators Of AR Coin Price Suggests A Strong Upside Momentum
AR coin price is currently seeing a strong upside momentum in the weekly chart and can push it for a new high. It has seen a gain of more than 5% from the previous week. On coming to the daily chart the price is showing a strong momentum for a new high. Resistance of the AR while going upwards can be seen near $70. Meanwhile, the support of the coin can be seen around $45. There is a formation of a consolidation zone on the 4 hour technical chart. If the price breaks 5 to 10% above the current price then a strong upside momentum can be seen. AR/BTC pair can also see a new high in upcoming days. One can invest in Arweave as per their needs and risk capacity.
Conclusion
AR coin price is currently seeing a strong upside momentum which can push it for a new high. AR/BTC pair can also see strong momentum for the price in future.
Technical Levels
Major Resistance: $70
Major Support: $45
