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Technical analysis by Zorroreny about Symbol ARPA on 4/24/2025

https://sahmeto.com/message/3446420
Zorroreny
Zorroreny
Rank: 641
2.9
،Technical،Zorroreny

ARPA is at critical point, we dipped bellow S/R range and are risking further dump - 1:1 move would mean dump to 0.004$ range.On other side current pattern is similar to one we made in March 2020 when we also pierced bellow support, created bullish divergence (just as now) and then got a strong reversal. If we are to repeat the move then we can expect strong push up to test 0.20$ range - conformation of that move would be to flip last S/R range into support.

Translated from: English
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Signal Type: Neutral
Time Frame:
1 week
Price at Publish Time:
$0.024351
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