Arweave (AR) Price Prediction 2022
Arweave holds the 77th position on CoinGecko right now. AR price prediction 2022 is explained below with a daily time frame.
A horizontal channel or sideways trend has the appearance of a rectangle pattern. It consists of at least four contact points. This is because it needs at least two lows to connect, as well as two highs. Buying and selling pressure is equal, and the prevailing direction of price action is sideways. Horizontal channels provide a clear and systematic way to trade by providing buy and sell points. When the price hits the top of the channel, sell your existing long position or take a short position. The difference between the other two is that a horizontal channel is characterized as having equal highs and lows.
Currently, AR is in the range of $9.91. If the pattern continues, the price of AR might reach the resistance level of $18.15, & $41.55. If the trend reverses, then the price of AR may fall to $12.23, & $8.33.
Arweave (AR) Support and Resistance Level
Resistance Level 1 $11.51
Resistance Level 2 $16.43
Resistance Level 3 $25.87
Resistance Level 4 $42.70
Support Level 2 $7.64
Arweave holds the 77th position on CoinGecko right now. AR price prediction 2022 is explained below with a daily time frame.
A horizontal channel or sideways trend has the appearance of a rectangle pattern. It consists of at least four contact points. This is because it needs at least two lows to connect, as well as two highs. Buying and selling pressure is equal, and the prevailing direction of price action is sideways. Horizontal channels provide a clear and systematic way to trade by providing buy and sell points. When the price hits the top of the channel, sell your existing long position or take a short position. The difference between the other two is that a horizontal channel is characterized as having equal highs and lows.
Currently, AR is in the range of $9.91. If the pattern continues, the price of AR might reach the resistance level of $18.15, & $41.55. If the trend reverses, then the price of AR may fall to $12.23, & $8.33.
Arweave (AR) Support and Resistance Level
Resistance Level 1 $11.51
Resistance Level 2 $16.43
Resistance Level 3 $25.87
Resistance Level 4 $42.70
Support Level 2 $7.64
