$ARC hit a new low in nearly 180 days: the previous low was 0.049, and the current price is 0.02984.
A new low over a six-month period carries weight, suggesting the price has broken out of a long-standing range. Trading volume also surged to 49.6 times its previous level, so this breakdown was no low-volume test.
Rather than trying to calculate where the bottom is, it’s more important to watch whether the price can reclaim 0.049.
#ARC
A new low over a six-month period carries weight, suggesting the price has broken out of a long-standing range. Trading volume also surged to 49.6 times its previous level, so this breakdown was no low-volume test.
Rather than trying to calculate where the bottom is, it’s more important to watch whether the price can reclaim 0.049.
#ARC