ARPA is consolidating in a descending channel, currently facing a rebound at the resistance line. The 50MA also acts as a resistance barrier, increasing pressure on the price. A strong breakout above the channel, followed by a successful retest, will confirm a bullish trend and indicate a potential upward momentum. Keep a close eye on the price action for further developments.
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Alican07
· 2025-03-23 07:12
ANALYSIS #ARPA /USDT ARPA is consolidating in a descending channel, currently facing a rebound at the resistance line. The 50MA also acts as a
ANALYSIS #ARPA /USDT
ARPA is consolidating in a descending channel, currently facing a rebound at the resistance line. The 50MA also acts as a resistance barrier, increasing pressure on the price.
A strong breakout above the channel, followed by a successful retest, will confirm a bullish trend and indicate a potential upward momentum. Keep a close eye on the price action for further developments.