December 23, 2024 Ar – Arweave Daily Chart Analysis
Outlook
AR current price is 16.21 USDT and the current market cap is 17.659.038 USDT. This chart period started 210 days ago (28 May 2024) with a total of 98 days closing above the opening price and 112 days closing below the opening price. The lowest price was 12.45 USDT on 04 November 2024, and the highest price was 46.70 USDT on 01 June 2024. The current price is 30.20% above the lowest price and 65.29% below the highest price.
Moving Average
Moving Averages (Closing Prices):
5-Day Moving Average: 16.46
22-Day Moving Average: 22.25
50-Day Moving Average: 20.48
100-Day Moving Average: 19.72
250-Day Moving Average: 25.94
500-Day Moving Average: 19.27
Moving Average Analysis
The current price is %1.54 lower than the 5-Day moving average and has been below it for 0 days.
The current price is %27.16 lower than the 22-Day moving average and has been below it for 0 days.
The current price is %20.87 lower than the 50-Day moving average and has been below it for 0 days.
The current price is %17.81 lower than the 100-Day moving average and has been below it for 0 days.
The current price is %37.52 lower than the 250-Day moving average and has been below it for 0 days.
The current price is %15.89 lower than the 500-Day moving average and has been below it for 0 days.
Trends
The longest uptrend in the 210 day period is 7 days. It started at 12.97 USDT on 04 November 2024 and ended by increasing by 57.13% to 20.38 USDT on 11 November 2024.
The longest downtrend is 7 days. It started at 30.73 USDT on 29 July 2024 and ended by decreasing -36.74% to 19.44 USDT on 05 August 2024.
Support & Resistance
This review was made for the last 7 days
Last 7 days support levels:
Support: 18.00 USDT on 18-12-2024
Support: 16.34 USDT on 19-12-2024
Support: 14.31 USDT on 20-12-2024
Support: 15.21 USDT on 22-12-2024
Last 7 days resistance levels:
Resistance: 18.44 USDT on 21-12-2024
The lowest support level is 14.31 USDT on 20-12-2024, and the highest resistance level is 18.44 USDT on 21-12-2024. The percentage difference between these levels is approximately 28.9%.
Volume
The previous trading day’s volume (22-12-2024) 1,023,738.85 USDT. Highest volume in the last 210 days is 5,218,284.94 USDT on 23-11-2024. Lowest volume in the last 210 days is 147,905.45 USDT on 28-07-2024. Difference between highest and lowest volume is 3428.12%.
Volume Moving Averages
( Excluding Today)
5-day Moving Average Volume: 2,411,505.63 USDT
22-day Moving Average Volume: 2,614,125.92 USDT
50-day Moving Average Volume: 2,363,074.24 USDT
100-day Moving Average Volume: 1,579,659.93 USDT
250-day Moving Average Volume: 1,120,461.55 USDT
Volume Moving Averages Comparison
Volume of the previous trading day: 1,023,738.85 USDT
Previous day’s volume is 57.55% lower than the 5-day moving average.
Previous day’s volume is 60.84% lower than the 22-day moving average.
Previous day’s volume is 56.68% lower than the 50-day moving average.
Previous day’s volume is 35.19% lower than the 100-day moving average.
Previous day’s volume is 8.63% lower than the 250-day moving average.
Percentage Differences Between Moving Averages:
5-day moving average is -7.75% lower than the 22-day moving average.
22-day moving average is 10.62% higher than the 50-day moving average.
50-day moving average is 49.59% higher than the 100-day moving average.
100-day moving average is 40.98% higher than the 250-day moving average.
Volume Trend
The longest consecutive volume increase started on 16-06-2024 with a volume of 333,733.27 USDT and ended on 20-06-2024 with a volume of 1,318,809.83 USDT, lasting for 4 days and representing a 295.17% increase.
The longest consecutive volume decrease started on 24-06-2024 with a volume of 1,226,296.36 USDT and ended on 30-06-2024 with a volume of 547,537.16 USDT, lasting for 6 days and representing a 55.35% decrease.
Price Volume Coorelation
During the longest volume increasing period price increased from 28.59 USDT to 26.09 USDT, which represents a -8.75% increase.
During the longest volume decreasing period price decreased from 28.58 USDT to 27.83 USDT, which represents a -2.62% decrease.
Strategy
Under serious selling pressure, a “long” position should not be opened until closing above the 500-day moving average
Ar – Arweave
Legal Disclaimer: This Chart and The Accompanying Analyses Are Not Investment Advice.
