The Arweave crypto asset is showing bullish traits as Marketcap, Volume, Liquidation, and OI are supporting the price, this scenario exhibits that it can achieve more growth. In the same way, on the price chart, it has demonstrated good performance in the past week, and month by 63.88%, and 427.43% respectively, indicating a reliable upward trend.
The AR crypto experienced a 3.11% surge in the last 24 hours, and it is currently trading at $44.0814 at press time.
Therefore, the Arweave crypto has displayed a strong revival as the price bounced back from a critical level of around $3.5 on the chart. If it follows that bounced rally, the AR crypto might continue to poise upward and the rally may keep going upwards to smash the resisting hurdle levels and soar to new heights towards testing the major supply level from the current price level.
Correspondingly, the AR asset is showing bullish strength and rising potential as it stays above major 20, and 50-day EMA bands. likewise, the asset is in a strong uptrend as the MACD shows a broad histogram which is at 1.940 and shows a bullish crossover. Where the MACD line is at 7.488, and the signal line is at 5.545. The present daily chart conditions show a wider space towards the direction north and indicators appear to support the price.
Therefore, If demand for the AR token remains high, its price could reach $65, but $50 would be the primary resistance level.
Another possibility would be, that if the Arweave crypto price fails to stay above the $40.0 price level, it could decline further.
The AR crypto experienced a 3.11% surge in the last 24 hours, and it is currently trading at $44.0814 at press time.
Therefore, the Arweave crypto has displayed a strong revival as the price bounced back from a critical level of around $3.5 on the chart. If it follows that bounced rally, the AR crypto might continue to poise upward and the rally may keep going upwards to smash the resisting hurdle levels and soar to new heights towards testing the major supply level from the current price level.
Correspondingly, the AR asset is showing bullish strength and rising potential as it stays above major 20, and 50-day EMA bands. likewise, the asset is in a strong uptrend as the MACD shows a broad histogram which is at 1.940 and shows a bullish crossover. Where the MACD line is at 7.488, and the signal line is at 5.545. The present daily chart conditions show a wider space towards the direction north and indicators appear to support the price.
Therefore, If demand for the AR token remains high, its price could reach $65, but $50 would be the primary resistance level.
Another possibility would be, that if the Arweave crypto price fails to stay above the $40.0 price level, it could decline further.