Quick analysis of the AR coin (Arweave)
AR is currently trading at $1.80 after bouncing off support at $1.74. The coin is still 97% below its all-time high, making it an attractive accumulation zone for the permanent storage sector.
Positive scenario (above $1.74):
• Target 1: $2.00 (first resistance +25%) • Target 2: $2.25 (mid target) • Target 3: $3.10 (extended target if Bitcoin rises)
Negative scenario:
A break below $1.70 with a daily close would invalidate the upside and take us to:
$1.58 then $1.40
Stop loss: $1.68
The market cap is still small (130M), and the upside potential is strong as long as BTC holds above $62,500.
Do you expect AR to break out soon?
#AR #Arweave
$AR
AR is currently trading at $1.80 after bouncing off support at $1.74. The coin is still 97% below its all-time high, making it an attractive accumulation zone for the permanent storage sector.
Positive scenario (above $1.74):
• Target 1: $2.00 (first resistance +25%) • Target 2: $2.25 (mid target) • Target 3: $3.10 (extended target if Bitcoin rises)
Negative scenario:
A break below $1.70 with a daily close would invalidate the upside and take us to:
$1.58 then $1.40
Stop loss: $1.68
The market cap is still small (130M), and the upside potential is strong as long as BTC holds above $62,500.
Do you expect AR to break out soon?
#AR #Arweave
$AR