📈ARK Token📈
Here are the key reasons why ARK Token surged :-
1)Binance Staking Announcement: Binance introduced ARK staking, allowing users to earn up to 8% annually by holding ARK in their exchange wallets.
2)Increased Demand: The announcement led to a surge in buying activity, as more users wanted to take advantage of staking rewards.
3)Short-Term Bullish Trend: ARK broke key resistance levels, climbing past $0.20 and even spiking to $0.24, signaling strong momentum.
4)Technical Indicators: RSI and Stochastic RSI showed bullish signs, indicating continued upward movement.
5)Market Speculation & Hype: Positive news often triggers FOMO (Fear of Missing Out), driving short-term price spikes.
While $ARK remains bullish, investors should watch for potential price corrections and resistance levels at $0.24 and beyond.
