📈 Analysis and forecast for $ARDR : future prospects 🚀
As of May 24, 2025, 08:09 EEST, the price of $ARDR on Binance is $0.11239, with an increase of 13.5% over the last 24 hours. The trading volume for the day is approximately $23.7M, and the market capitalization is $107M (with a circulating supply of 998.47M ARDR). Market sentiment is positive: users note interest in L1 blockchains and Ardor updates.
Technically, $ARDR demonstrates bullish momentum. On the 4-hour chart, the price has broken the 50-day moving average ($0.10), and the RSI (14) at 65 indicates increasing strength, close to overbought conditions. Key levels: support — $0.105, resistance — $0.115. Breaking $0.115 may push the price to $0.125, but a drop below $0.105 will increase pressure towards $0.095.
Forecast: In the short term (until the end of May), ARDR may reach $0.125 if the volume is maintained. By July 2025, a correction to $0.095 is possible due to overbought conditions. The long-term target for 2026 is $0.33+, provided that the Ardor ecosystem grows and BaaS blockchain solutions are adopted. Fundamentally, Ardor benefits from scalability and the architecture of parent/child chains, which addresses blockchain congestion issues.
Future prospects? After a 13.5% increase and the current price of $0.11239, upward movement is possible upon breaking $0.115. It's better to wait for trend confirmation before entering. For holders: taking profit is justified upon reaching $0.125. Keep an eye on news about Jelurida developments and volumes — the market is volatile! #ARDR #Binance #CryptoAnalysis