$ARPA is currently experiencing a -2.507% price change in the last 24 hours.
The price fluctuated between a high of 0.01799 and a low of 0.01624, showing significant volatility.
Bollinger Bands indicate resistance at 0.0176785 and support at 0.0164625, highlighting narrowed trading conditions.
With an overall market trend in a downtrend, the bearish sentiment is evident.
Macroeconomic factors, including inflation data and regulatory uncertainties, continue to weigh on investor confidence.
Bitcoin's recent undefined influence suggests a lack of correlation impacting ARPA’s movements directly.
Traders should consider a short-term approach due to the current volatility and downtrend.
Key takeaway: Focus on breakout points around support and resistance for potential trading opportunities.
