Arweave price stabilizes within the $9 resistance and $4.60 support range.
Current Price Movement: Arweave ($AR) is consolidating between $9 resistance and $4.60 support, currently trading at $7.01 after a 1.60% daily decline and a 5.86% weekly loss.
Key Levels: The $7.40 midpoint serves as a crucial pivot point for price momentum; maintaining above it could lead to a retest of the $9 barrier, while falling below may push prices towards $6.60 or lower.
Market Dynamics: The established range reflects a balance between supply and demand, with strong selling pressure at $9 and robust buying support at $4.60, indicating traders are closely monitoring these levels.
Breakout Potential: A confirmed breakout above $9 could signal bullish continuation, whereas a drop below $4.60 on high volume could result in significant losses, emphasizing the need for cautious trading strategies within this range.
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Technical Analysis for AR
Technical Sentiment Analysis for Arweave (AR) As of , Arweave (AR) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 8 technical signals, shows that 5 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for AR stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, AR is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Arweave (AR) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.575 | 1.178 | 1.715 | 2.318 | 2.855 | 3.458 | 3.995 |
| Fibonacci | 1.178 | 1.613 | 1.882 | 2.318 | 2.753 | 3.022 | 3.458 |
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