In this Arkham technical analysis, we will examine the current price action, trading volume, key levels and indicators for ARKM-BTC. Arkham (ARKM) is a decentralized platform that utilizes blockchain technology to provide users with secure and transparent financial services. Its innovative features include a decentralized exchange, a prediction market, and a multi-collateral Dai stablecoin, all of which are designed to empower users with greater control over their financial assets. With Arkham (ARKM), users can enjoy enhanced security, transparency, and flexibility in their financial dealings.
Arkham Price Overview:
As of May 16, 2024, Arkham is trading at approximately 3e-05 BTC. Let’s dive into the detailed price action for ARKM-BTC:
| Metric | Value |
|---|---|
| Open (O) | 4e-05 |
| High (H) | 4e-05 |
| Low (L) | 3e-05 |
| Close (C) | 3e-05 |
| Volume (C) | 126,280.00 |
- Open (O): The opening price for today’s trading session was approximately 4e-05 BTC.
- High (H): Arkham reached a daily high of around 4e-05 BTC.
- Low (L): The daily low for ARKM-BTC was approximately 3e-05 BTC.
- Close (C): At the time of analysis, Arkham is trading near its daily close of 3e-05 BTC.
| Metric | Value |
|---|---|
| 1D Change (%) | -5.35% |
| 3D Change (%) | -10.80% |
| 7D Change (%) | -19.31% |
| 30D Change (%) | 39.15% |
| 90D Change (%) | 134.44% |
| YTD Change (%) | 149.71% |
Over the past three days, ARKMBTC has dropped by approximately -10.80%, showcasing increased market volatility. Throughout the last week, it continued to fall, with a loss of around -19.31%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with ARKMBTC maintaining an upward trend of approximately 39.15%, despite intermittent fluctuations. Examining the last 90 days, ARKMBTC has witnessed substantial rise of approximately 134.44%, reflecting strong long-term confidence. Year-to-date, ARKMBTC has steadily appreciated by around 149.71%, attracting both institutional and retail investors and highlighting its potential as a long-term investment.
Arkham Live Chart:
You can access a live price chart for ARKM-BTC on various cryptocurrency market websites or trading platforms. These charts provide real-time data, allowing you to track price movements and indicators as they evolve.
Price Volatility and Momentum:
- Volatility score is 0.89623.
- Momentum score is 0.05149.
ARKM BTC Technical Analysis
Arkham Trading Volume:
The trading volume for Arkham (ARKM) over the past 24 hours has been insignificant, with approximately 126,280.00 BTC traded against ARKM. Elevated trading volume often indicates increased market activity and can be an essential factor to consider in technical analysis.
Moving Averages:
- 50-day Simple Moving Average (SMA): ARKM is currently trading below the 50-day SMA, indicating short-term bearish momentum.
- 200-day Simple Moving Average (SMA): Arkham is also trading below the 200-day SMA, indicating a negative long-term outlook.
Relative Strength Index (RSI):
- The RSI30 for ARKM-BTC is currently in the neutral zone, around 50.28277. This suggests that Arkham is in range-bound territory.
Analysis from TradingView:
Our Key Takeaways:
Arkham (ARKM-BTC) is currently exhibiting signs of short-term bearish momentum, with key support and resistance levels in focus. Traders and investors should closely monitor the BTC monthly resistance level and the BTC support level for potential trading opportunities. Additionally, the neutral RSI and insignificant trading volume are neutral signals for potential sideways movement.
Navigate challenges in realm of Arkham (ARKMBTC) at 3.45e-05 BTC with technical analysis pointing to bearish outlook and potential downturns.
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Disclaimer: The information provided herein, including any technical analysis of cryptocurrencies, is for informational and educational purposes only. It should not be considered as financial advice or a recommendation to buy, sell, or hold any cryptocurrency or make any financial decisions.
Cryptocurrency markets are highly volatile and speculative. Past performance is not indicative of future results, and there are no guarantees of profit or protection against losses. Cryptocurrency investments are subject to significant risks, including but not limited to market fluctuations, regulatory changes, and technological vulnerabilities.
Technical analysis involves the use of historical price and volume data, patterns, and indicators to make predictions about future price movements. It is a subjective and speculative approach to market analysis and should not be the sole basis for making investment decisions.