Arpa
ARPA Golden Pocket, aaaaaand its gone!ARPA reached the Golden Pocket of Fibonacci Retracement taken from March 2020 to all time high. And naturally retraced, seems like it still has ways to go until bottom.
Daily Support (~0.06921 to 0.05846) is one possibility.
4H Support of 0.08245 is another.
Relying on my BTC idea, I think Daily Support is a likely target.
Keep in mind that ARPA has been in a weak Uptrend channel, within a Strong Downtrend channel (*insert Inception music*).
This is my Thesis, targets are purely hypothetical based on my analysis.
This is NOT Investment and/or Trading Advice.
Happy Trades!
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ARPA Chain Giant Long-Term Rising WedgeWe have this huge ascending channel within which ARPAUSDT has been trading... It is helping us define a clear path.
We can see higher highs and higher lows.
Today, we can see a break above MA200, EMA100 and EMA300, opening the doors for additional growth.
The main bullish scenario we see happening goes with the blue arrow... All the signals and indicators are pointing up.
Namaste.
ARPA Weekly Pitchfork !As you can see, ARPA is moving in a pitchfork in the weekly time frame. EMA 100 holds it and can act as our final support. So here can be a low-risk area with a ✅ great risk/reward ratio. We can expect it to rise to the median line of the pitchfork and our ⛔ stop-loss can be set under the EMA 100. Try to accumulate it in this area and hold it for the coming weeks and months.
🐏 ARPA- Descending channel breakoutThe price has reached the bottom of macro parallel channel and broke out from the local formation while being supported by dynamic and horizontal levels.
Static targets:
0.11432
0.14595
0.19486
0.27908
+use channel trendlines for dynamic targets
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About ARPA:
ARPA is a blockchain-based layer 2 solution for privacy-preserving computation, enabled by Multi-Party Computation (“MPC”). Founded in April 2018, the goal of ARPA is to separate data utility from ownership and enable data renting. ARPA’s MPC protocol creates ways for multiple entities to collaboratively analyze data and extract data synergies while keeping each party’s data input private and secure.
Developers can build privacy-preserving dApps on blockchains compatible with ARPA. Some immediate use cases include credit anti-fraud, secure data wallet, precision marketing, joint AI model training, and key management systems. For example, banks using the ARPA network can share their credit blacklist with each other for risk management purposes without exposing their customer data or privacy.
ARPA partners with organizations and tech companies like IEEE Standard Association, ISO, JD.com, Sinochem Group, CAICT, Elrond, and Chainlink.
Source: coinmarketcap
ARPABTC: Buy setup above the resistanceHello my dear friend!
"ARPA is a blockchain-based layer 2 solution for privacy-preserving computation, enabled by Multi-Party Computation (“MPC”). Founded in April 2018, the goal of ARPA is to separate data utility from ownership and enable data renting. ARPA’s MPC protocol creates ways for multiple entities to collaboratively analyze data and extract data synergies while keeping each party’s data input private and secure.
Developers can build privacy-preserving dApps on blockchains compatible with ARPA. Some immediate use cases include credit anti-fraud, secure data wallet, precision marketing, joint AI model training, and key management systems. For example, banks using the ARPA network can share their credit blacklist with each other for risk management purposes without exposing their customer data or privacy.
ARPA partners with organizations and tech companies like IEEE Standard Association, ISO, JD.com, Sinochem Group, CAICT, Elrond, and Chainlink." source:CMC
Oversold, Low Volume, & on the 200 EMA Is the sell-off over?Good afternoon,
Today we are looking at the ARPA/USD on the daily chart. In October, we saw the price of ARPA rise 276% on the news of a Coinbase listing. Since then, the price structure began to retrace, exacerbated by the recent Bitcoin "flash-crash." The good news is we are beginning to see the average selling volume on the daily chart below the average daily volume before the Coinbase pump.
RSI is showing oversold.
MACD is beginning to turn.
Price is currently sitting at the 200 Day EMA, which should be a strong support area.
Is this the bottom? No way to tell, but I think we're pretty close baring any erratic price decline from Bitcoin.
If the price breaks through $0.115
Next two targets are $0.148 & $0.175
If price breaks down;
Next two targets are $0.07 & $0.045
ARPA set to run! (and maybe a marathon)Good morning and happy December.
Taking a look at the 4H chart for ARPA, as you can see it is attempting to take on the upper resistance of the descending wedge. It is know around the investing world that a descending wedge in any scenario is a bullish pattern. With BTC moving slightly upward, most likely influenced by the U.S Stock Market, this might be the catalyst we need to break this coin out of this wedge. So long as the crypto market continues to push upward into the end of the year and into early 2022, this coin has a bright future long-term.
TP 1: .185
TP 2: .260
TP 3: the sky is the limit really, this coin might push to $1
ARPAUSDTin this month arpa have a good fundamentals News and just break the falling wedge , just wait for confirm and after that you can buy it , target are obvious on the chart
as you know you should watch BTC moving too , MANAGE YOUR MONEY AND CHECK IT by YOURSELF
NOT FINANCIAL ADVICE
GOOD LUCK GUYS