Arweave (AR), one of the coins that exploded after the upward movement of Bitcoin (BTC), came to the fore.
With BTC jumping above $36,500, buyers took the reins again. Most altcoins increased by more than 10 percent and made their mark at the top. Arweave, which recorded an increase of 22.63 percent in the last 24 hours, took the second place in the “Top Rising” list. Can the rise in AR continue? What is the latest situation on the technical side?
It started to attack from the support level!
AR, which moved directly upwards after hitting $6.78, reached $8.30 in a short time and recorded a total increase of 22.63. AR, which was traded in the $ 8.25 band as of the writing of the news, may move towards $ 8,959 when it breaks $ 8,603. In this process, the price movement of BTC will also be critical.
BTC unwinding to $35,000 or AR breaking $8.06 would trigger a possible decline. In such a scenario, the levels where a pullback can be expected are $7.88 – 7.65 – 7.51 – 7.20 and $6.78. In particular, the price movement at $7.88 could be decisive for the short-medium term.