$ARDR š What Ardor (ARDR) Is
Ardor is a blockchain platform designed to solve blockchain bloat and improve scalability through a parent-child chain architecture. The ARDR token powers the network, used for block validation (āforgingā in proof-of-stake) and securing consensus. It enables enterprises to run custom child chains with their own tokens while relying on the main chain for security. This architecture also allows features like asset creation, voting systems, and cross-chain operations.ļæ½
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Key fundamentals:
Pure proof-of-stake (PoS): Energy-efficient, no mining required.ļæ½
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Parent-child chain model: Reduces ledger size and supports multiple business-focused blockchains.ļæ½
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ARDR supply is fixed: No block rewardsāforgers earn transaction fees only.ļæ½
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š Recent Price & Market Behaviour
ARDRās price has been muted or slightly down recently, showing weak short-term momentum.ļæ½
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In PKR, 1 ARDR trades around ~āØ15 (conversion value).ļæ½
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Trading volume and liquidity remain moderate, which can make prices more volatile.ļæ½
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Market sentiment factors:
Broader crypto downturns and Bitcoin dominance often put pressure on smaller altcoins like ARDR.ļæ½
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ARDR often trades below key moving averages, indicating weak short-term trends.ļæ½
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š Technical Levels (Where Traders Watch)
Support:
Around $0.059ā$0.061, a key area where buyers may step in.ļæ½
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Resistance:
Around $0.063ā$0.065, hurdles the price needs to clear for bullish momentum.ļæ½
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Indicators:
RSI and other oscillators are mostly neutral, suggesting neither strong bullish nor bearish dominance.ļæ½
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This means ARDR is sideways or range-bound unless it breaks out above resistance or below support.
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