Binance Futures Lists ARX Perpetual Contracts
- Futures Contract Launch: Binance Futures has listed ARX perpetual contracts, marking significant support for this token that launched just days ago, catering to the needs of leveraged traders.
- Strong Market Demand: Following its initial listing on June 22, ARX quickly expanded to futures contracts, indicating robust demand from exchanges that could enhance its trading volume and market visibility.
- Transformative Trading Method: Futures contracts allow traders to engage in leveraged trading without holding the underlying asset, which can lead to higher returns but also increases market volatility risk, especially for newly launched tokens.
- Monitor Funding Rates: Changes in funding rates will serve as a crucial indicator of market sentiment, with persistent positive rates suggesting crowded longs and negative rates indicating a short-dominated market, potentially foreshadowing sharp reversals.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for ARX
Technical Sentiment Analysis for ARCS (ARX). As of , ARCS (ARX) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 0 technical signals, shows that 0 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for ARX 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 crypto.
Support, Resistance & Moving Averages. From a structural perspective, ARX 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 $-.
ARCS (ARX) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | - | - | - | - | - | - | - |
| Fibonacci | - | - | - | - | - | - | - |
About ARX
About the author
