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ARPA Chain / TetherUS

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ARPAUSDT trade ideas

🐏 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 ----------------------- 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
Long
by V0VOLAN
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
by MrCash1985