• Latest
  • Trending
Arweave (AR) Rallies By Over 60%; Levels To Watch For Price Continuation

Arweave (AR) Rallies By Over 60%; Levels To Watch For Price Continuation

November 3, 2022
XRP Toolkit Now Supported by Web3 Domain Provider Unstoppable Domains

XRP Toolkit Now Supported by Web3 Domain Provider Unstoppable Domains

January 30, 2023
UK regulator is investigating a charity linked to FTX

UK regulator is investigating a charity linked to FTX

January 30, 2023
Crypto 101: What is the blockchain trilemma?

Crypto 101: What is the blockchain trilemma?

January 30, 2023
All aboard! The Bullyz Crew ship is about to set sail on Solana.

All aboard! The Bullyz Crew ship is about to set sail on Solana.

January 30, 2023
Arizona senator doubles down on crypto amid the winter of discontent: Law Decoded, Jan. 23-30

Arizona senator doubles down on crypto amid the winter of discontent: Law Decoded, Jan. 23-30

January 30, 2023
What Is a Digital Signature in Bitcoin

What Is a Digital Signature in Bitcoin

January 30, 2023
Coinbase Wallet’s new features to make Web3 safer for users

Coinbase Wallet’s new features to make Web3 safer for users

January 30, 2023
Binance Coin (BNB) Price Analysis for January 30

Binance Coin (BNB) Price Analysis for January 30

January 30, 2023
Blockchain Company AltLayer Appoints Amrit Kumar as COO

Blockchain Scaling Project Sovereign Labs Raises $7.4 Million in Seed Round

January 30, 2023
  • Privacy Policy
Monday, January 30, 2023
Mount Rushmore Crypto
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • About Us
  • Crypto Vouchers
  • Cryptocurrency and ANKR Price Prediction
  • Cosmos cryptocurrency price prediction
No Result
View All Result
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • About Us
  • Crypto Vouchers
  • Cryptocurrency and ANKR Price Prediction
  • Cosmos cryptocurrency price prediction
No Result
View All Result
Mount Rushmore Crypto
No Result
View All Result
Home Crypto

Arweave (AR) Rallies By Over 60%; Levels To Watch For Price Continuation

J_News by J_News
November 3, 2022
in Crypto, Top News
0
Arweave (AR) Rallies By Over 60%; Levels To Watch For Price Continuation
0
SHARES
4
VIEWS
Share on FacebookShare on Twitter


  • AR’s price shows much strength after breaking out from its long downtrend movement.  
  • AR trade with good volume, breaking out from a downtrend as price eyes a rally to a region of $27. 
  • AR’s price remains strong on the daily timeframes as the price trades above the 50 Exponential Moving Average (EMA) but faces resistance at 200 EMA.

Arweave (AR) price showed some great price action as the price rallied from its weekly low of $8 as the price fell from a high of $90 in recent months. The crypto market has enjoyed a bit of relief across all assets, with Bitcoin (BTC) showing great traction, rallying and dragging the market. Arweave (AR) has enjoyed this relief bounce happening in the crypto space as the price of AR continues to show great price movement on all timeframes. (Data from Binance)

Arweave (AR) Price Analysis On The Weekly Chart

The past week has seen many altcoins continue to produce over 200% gains over the past 7 days of breaking out of their range-bound movement, as many believe more hope could be settling into the crypto space once more. 

The new week has looked more promising for some altcoins, like AR rallying with over 60% in less than 24 hours, showing the price action and volume for buy orders.

After dropping from its high of $90 some months back, the price of AR has maintained a downtrend price movement with little to no hope of a bounce. The week shows more bounces across the crypto space, with AR taking advantage of the relief bounce.

The price of AR saw its trade at a low of $8 on the weekly chart; the price swiftly bounced from this region as the price rebounded to a region of $15 as the price looked bullish to rally some more.

Weekly resistance for the price of AR – $16.

Weekly support for the price of AR – $8.

Price Analysis Of AR On The Daily (1D) Chart

Daily AR Price Chart | Source: ARUSDT On Tradingview.com

In the daily timeframe, the price of AR continues to be strong as bulls try to hold the price above its key support zone at $10, forming strong support to hold off the price from sellers.

AR currently trades at $15.15, just above its key support on the daily timeframe after successfully rallying and breaking out of its descending triangle with good volume. 

The price of AR continues to look strong, but the price needs to reclaim the region of 200 EMA, currently acting as strong resistance for the price to rally to a high of $27. If the price of AR breaks and closes above this region, we could see AR rallying a bit more.  

Daily resistance for the AR price – $16.

Daily support for the AR price – $10.

Featured Image From Invezz, Charts From Tradingview



Source link

Related articles

XRP Toolkit Now Supported by Web3 Domain Provider Unstoppable Domains

XRP Toolkit Now Supported by Web3 Domain Provider Unstoppable Domains

January 30, 2023
UK regulator is investigating a charity linked to FTX

UK regulator is investigating a charity linked to FTX

January 30, 2023
ShareTweetShareShare
Previous Post

Bitcoin’s $20K support looks weak, but pro traders are neutrally positioned

Next Post

Bytebus offers cloud mining services, the ultimate way to earn passive income.

Related Posts

XRP Toolkit Now Supported by Web3 Domain Provider Unstoppable Domains

XRP Toolkit Now Supported by Web3 Domain Provider Unstoppable Domains

by J_News
January 30, 2023
0

Alex Dovbnya Unstoppable Domain, a Web3 domain provider, has announced that it has added support for XRP Toolkit Web3 domain...

UK regulator is investigating a charity linked to FTX

UK regulator is investigating a charity linked to FTX

by J_News
January 30, 2023
0

UK’s Charity Commission says it opened the investigation into Effective Ventures Foundation on 19 December. FTX collapsed in November and...

Crypto 101: What is the blockchain trilemma?

Crypto 101: What is the blockchain trilemma?

by J_News
January 30, 2023
0

Life is full of tradeoffs.  Oftentimes, maximizing one outcome can only be achieved by sacrificing another. Sometimes these tradeoffs are...

All aboard! The Bullyz Crew ship is about to set sail on Solana.

All aboard! The Bullyz Crew ship is about to set sail on Solana.

by J_News
January 30, 2023
0

The Solana community is buzzing with excitement over the upcoming launch of the Bullyz Crew NFT project. The project, which...

Arizona senator doubles down on crypto amid the winter of discontent: Law Decoded, Jan. 23-30

Arizona senator doubles down on crypto amid the winter of discontent: Law Decoded, Jan. 23-30

by J_News
January 30, 2023
0

Even though this winter continues to stress test the case for Bitcoin (BTC) advocation, some lawmakers strive to put their...

Load More

Enter your email address:

Delivered by FeedBurner

Quick Navigate

  • Home
  • Crypto
  • Crypto Technical Analysis
  • Top News
  • Thank You
  • Store
  • Crypto Vouchers
  • About Us
  • What Cryptocurrency Is and ANKR Price Prediction
  • Cosmos cryptocurrency price prediction

Top News

Web3 vs Web2 – What Are Some Of The Core Differences?

NFT Art marketplace development- Carving the boutique of NFT Arts | by Linda John | The Capital | Dec, 2021

Shiba Inu Burn Rate Surges Over 1,300% In 24 Hours

© 2021 mtrushmorecrypto - Crypto Related News Blog

No Result
View All Result
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • About Us
  • Crypto Vouchers
  • Cryptocurrency and ANKR Price Prediction
  • Cosmos cryptocurrency price prediction

© 2021 mtrushmorecrypto - Crypto Related News Blog

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie SettingsAccept
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT