$ARK's price has seen a slight decline of 1.988% over the past 24 hours.
Trading within the Bollinger Bands suggests limited volatility, with current levels near the lower band.
The support at 0.3464 appears critical; breaching it may intensify the downtrend.
Resistance stands at 0.3662, limiting upward momentum in this bearish climate.
Bitcoin's influence remains unclear, hinting at a potential independent trend for ARK.
Given the prevailing downtrend and market uncertainty, traders should focus on short-term strategies.
The key takeaway is that ARK may experience heightened volatility that could present buying opportunities near support levels.
