- Arweave price is consolidating inside the price range of $16.65 and $10.80 over the daily price chart.
- AR crypto is trading above 20 and 50 EMA but still below 100 and 200-days Daily Moving Average.
- Пар АР/БТЦ је на 0.0005817 БТЦ са падом унутар дана од 4.74%.
На дневном графикону цена, Арвеаве price is trending strongly in a positive direction. On April 7th, the token began to stabilise at $43, having started to decline towards lower levels. Although the currency is trading towards the higher trendline, it is certainly going upward and is committed to breaking out of the consolidation. Investors in AR must hold off until bulls continue to hold the region’s outside border, which is bounded by a horizontal range. The AR coin price seems to be quite devoted to getting over the consolidation phase. AR needs to expand its customer base in order to keep up with the consolidation phase’s top trendline. Between $10.85 and $16.50, the price of AR currency has been holding steady.
Арвеаве currently has an estimated price of $15.13 and lost 4.69% of its market value yesterday. The trade volume decreased by 29.19% during intraday trading. This suggests that short selling pressure is present on the daily chart of the AR currency. The volume to market cap ratio is 0.03167.
Цена AR coin is striving to sustain the upward trend shown over the daily price chart while also attempting to boost demand. For AR to move up and toward the top trendline of the consolidation phase, the token must maintain its current level. To record its recovery phase, the token needs to exit the consolidation phase. Volume shift needs to increase in favor of bulls because it is currently below average.
Шта технички индикатори предлажу о АР-у?
The price of the AR currency is now trying to stay constant. As buyers enter the deal, AR currency is able to emerge from the consolidation stage. By pulling the token back towards the lower trendline, bears could halt the current bullish ascent of the AR currency. Technical indicators suggest that the AR coin is moving in a sideways direction.
Relative Strength Index shows the AR coin’s sideways velocity. The RSI is hovering around overbought territory at 56. The AR coin’s bearish momentum is visible on MACD. After a negative crossover, the MACD line is lower than the signal line.
Zakljucak
On the daily price chart, the Arweave price is trending strongly in a positive direction. On April 7th, the token began to stabilize at $43, having started to decline towards lower levels. Although the currency is trading towards the higher trendline, it is certainly going upward and is committed to breaking out of the consolidation. Investors in AR must hold off until bulls continue to hold the region’s outside border, which is bounded by a horizontal range. The AR coin price seems to be quite devoted to getting over the consolidation phase. Volume shift needs to increase in favor of bulls because it is currently below average. Technical indicators suggest that the AR coin is moving in a sideways direction. After a negative crossover, the MACD line is lower than the signal line.
Технички нивои
Нивои подршке: 13.85 и 11.00 долара
Нивои отпора: 15.55 и 16.65 долара
Одрицање од одговорности
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Source: https://www.thecoinrepublic.com/2022/08/14/arweave-price-analysis-ar-coin-struggle-to-escape-the-consolidation-phase-whats-next/