๐ $AR Coin Snapshot
Current Price: $7.47
Market Cap: $482.86 million
Circulating Supply: 65.65 million AR
All-Time High: $90.94
All-Time Low: $0.4854
After a massive run-up in the last bull cycle, AR has retraced significantlyโbut the fundamentals remain strong. Letโs look at what traders are expecting next.
๐ฎ One-Week Price Prediction
Arweaveโs price is expected to move modestly upward over the next 7 days, with a projected range of $7.15 โ $7.50. Hereโs what analysts and trend indicators are saying:
๐น CoinCodex predicts AR to reach $7.17โ$7.20, showing sideways to slightly bullish movement.
๐น CoinLore anticipates a short-term rise to $7.38โ$7.40, depending on Bitcoin's stability.
๐น CrowdWisdom360 signals a neutral sentiment, with support at $6.90 and resistance forming near $7.60.
While the upside may be limited in the short term, it's clear that $AR is gaining strength from current consolidation.
๐ Whatโs Driving AR Right Now?
1. Technical Chart Patterns
Arweave recently broke out of a falling wedge, a bullish continuation pattern.
Itโs now hovering near the 50-day EMA, which could act as support around $7.15โ$7.25.
If buyers push through $7.60, next resistance lies near $7.80โ$8.00.
2. Sentiment Index
The Fear & Greed Index sits at 74 (Greed)โmeaning market participants are more willing to take risks, but caution is advised.
3. Macro Environment
Traders are watching macro data like US CPI inflation numbersโa lower-than-expected reading could fuel bullish momentum across altcoins, including AR.
๐ Final Thoughts: Opportunity or Just a Pause?
While Arweave isnโt exploding in price just yet, its fundamentals and real-world utility in decentralized data storage are strong.
๐ง Let us knowโare you buying the dip or waiting for confirmation?
