ARPA is looking really good on the major timeframe. We have a breakout of the local small parallel channel and the volume last year was pretty strong. 25x is possible on this coin in 2024. Take profit at the top of the parallel channel or 1:1 FIB extension (LOG). It looks like the pump is starting, so it is time to buy if you are interested in this coin. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
ARPA Network (ARPA) is a decentralized secure computation network built to improve the fairness, security, and privacy of blockchains. ARPA threshold BLS signature network serves as the infrastructure of verifiable Random Number Generator (RNG), secure wallet, cross-chain bridge and decentralized custody across multiple blockchains.
ARPA was previously known as ARPA Chain, a privacy-preserving Multi-party Computation (MPC) network founded in 2018. ARPA Mainnet has completed over 224,000 computation tasks in the past years. Our experience in MPC and other cryptography laid the foundation for our innovative threshold BLS signature schemes (TSS-BLS) system design and led us to today’s ARPA Network.
Randcast, a verifiable Random Number Generator (RNG), is the first application that leverages ARPA as infrastructure. Randcast offers a cryptographically generated random source with superior security and low cost compared to other solutions. Metaverse, game, lottery, NFT minting and whitelisting, key generation, and blockchain validator task distribution can benefit from Randcast’s tamper-proof randomness. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
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ARPA looks good guys, retesting the local small parallel channel. Time to add to the position.
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It's very important for ARPA to hold the ascending parallel channel. So far looks very bullish!
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The channel is holding so I am still bullish. NO reason to sell.
Is it going to continue to dump? Holding, but with a considerable loss at the moment. Thanks
Xanrox
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What is your opinion in this coin?
Murdaawg
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Hello thank you for your share, one thing tho BTC just hit to 48k, im just not sure if this is the right time to be in any coin, but i am in. What do you about it?
Xanrox
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@Murdaawg, Yeah, sure but it depends on which coin
zdneo
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Hello @Xanrox, thank you for your analysis! Based on the incoming volume I also think that the way is up. So hopefully no whale decides to take the profit anytime soon.