$AR ☁️Arweave (
$AR ) is currently building strength after a period of intense compression. As the leader in decentralized "Permanent Storage,"
$AR is holding onto a critical floor, waiting for the next spark from the AI and DePIN (Decentralized Physical Infrastructure) sectors.
📊 Market
Current Price: ~$2.00 - $2.12
24h Change: 📈 +1.8% to +3.4% (Neutral-Bullish)
Market Cap: ~$132M
7-Day Trend: 📈 +10.8% (Signs of recovery)
🔍 Technical Highlights:
Support Base: $1.80 – $1.90. This zone has acted as a "hard floor" for the past week. Buyers are consistently stepping in here.
Resistance: $2.15 – $2.30. A break above $2.15 would signal a shift from consolidation to an uptrend.
The "AO" Catalyst: Continued growth in Arweave’s AO Ecosystem (parallel computing layer) is driving mid-term demand for permanent data storage, keeping the bullish narrative alive.
🔮 Prediction for February:
If
$AR maintains its position above $2.00, the next logical target is $2.30 - $2.50. However, the RSI is neutral, meaning we might see more sideways movement before a definitive breakout.🚩
#AR
#Arweave #DePIN #PermanentWeb #BinanceSquare #CryptoUpdate