ARPA/USDT made a strong price correction during this month of September. However, now this asset is beginning to show signs of recovery. Looking at the chart for the daily period, we can see that the price found support at the 0.78 level of the Fibonacci retracement. and now moves with little volatility.
The WT_CROSS indicator is printing a slight bullish signal at the moment. As well as RSI and SMIIG it is very overbought in the daily period with a slight crossing indicating upward bias.
We can see a good resistance at the 0.68 Fibonacci retracement level, exactly where EMAS 20 and 100 are practically crossing in a negative way. However, if the asset price reaches this point, we will have a 30% gain in value.
This is just my observation, not financial advice.
Always do your own research.
The WT_CROSS indicator is printing a slight bullish signal at the moment. As well as RSI and SMIIG it is very overbought in the daily period with a slight crossing indicating upward bias.
We can see a good resistance at the 0.68 Fibonacci retracement level, exactly where EMAS 20 and 100 are practically crossing in a negative way. However, if the asset price reaches this point, we will have a 30% gain in value.
This is just my observation, not financial advice.
Always do your own research.