The struggle between bulls and bears intensifies, and short-term fluctuations may continue
$ARDR is showing a narrow range of fluctuations on mainstream trading platforms, with the current price at $0.0993, a 24-hour increase of 0.81%, an intraday volatility of 4.76%, a turnover rate of 5.01%, and a trading volume of approximately $4.98 million.
From a technical perspective, the MACD histogram remains positive but the growth is slowing down, the KDJ indicator is maintaining a neutral range, and a divergence signal between volume and price is evident, indicating that bullish momentum is weakening.
The current price is consolidating in the range of $0.0963 - $0.0997, with a support level at $0.0954 and a resistance level at $0.1027.
Risk factors: correlation with BTC is at 0.55, be cautious of Bitcoin’s volatility transmission risk; Upbit's dominance in the market is too high, which may exacerbate the risk of price manipulation.
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