Arweave (AR) has experienced a 6.64% increase against the US Dollar, with a current trading price of $38.55. The cryptocurrency has outperformed the market, as the total crypto market cap increased by 8.50% in the same time period. AR is currently trading 17.15% below our prediction on Mar 28, 2024. Despite the recent gains, the long-term outlook for Arweave remains uncertain, as the market sentiment is currently bullish, with the Fear & Greed index reading Greed.

The key support levels for Arweave are $33.10, $31.67, and $29.54, while the key resistance levels are $36.67, $38.81, and $40.24. The cryptocurrency has displayed high volatility recently, with a 1-month volatility of 28.10%. It is important to monitor the AR market sentiment, key support and resistance levels, and other metrics moving forward. However, the unpredictable nature of the cryptocurrency markets and the high price volatility of even the largest crypto assets should be taken into consideration.