- Arweave coin price is currently seeing a consolidated move and may see momentum to a new high in the future. The asset is currently down by more than 3%.
- AR coin price technical indicators are currently favoring the bulls. In contrast, AR/BTC pair has seen a pump of more than 1.25%
AR coin price has failed to give a significant breakout and may hit the next support zone in the future. Arweave coin cost is currently trading near the value of $37 and is down by more than 4% in the intraday session. It has an ROI of over 39789% and may see substantial gains in the future. It is around 57% to see a breakout to its all-time high. The coin’s volume has been seeing an upside move and has seen a dip of more than 20% from the past sessions. The market predominance alongside the market cap can also show strong momentum and soon see a new high. One can figure a solid potential gain force in the asset and can make a move to a new high.
Technical Indicators Of AR Coin Price May Sustain In The Consolidation
AR coin price is currently seeing a consolidated move in the weekly chart and can soon see a new high in the future. On coming to the daily chart, the asset price is looking to break down to lower levels. The setback of the AR while moving upwards can be seen near $50. Meanwhile, the Support of the coin on the downside trend can be seen near $30. There is a formation of a consolidation zone on the 4-hour technical chart. If the asset price observes a momentum above $80, a rally in ARWeave can be seen. AR/BTC pair can also see a strong move in the upcoming days. One can invest in Arweave as per their needs and price action scenario.
Conclusion
AR coin price is currently seeing a downside move and may see a reversal in trend in the future. AR/BTC pair can also observe a strong move in the future. One should do their due diligence before investing in the Arweave.
Technical Levels
Major Resistance: $55
Major Support: $30
Disclaimer
The views and opinions stated by the author, or any people named in this article, are for informational ideas only, and they do not establish the financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.