the price could surge
The AR price is at the crucial support, and it looks clear that the price could bounce higher and break the resistance at $50.
Once the price is above $50, then the price could go higher, as the gates would open towards higher levels.
At press time, the AR price is at $27.50 with an intraday loss of -1.48%, which is taking support at $23. The price approaches to cut 200-day and 50-day EMA's dynamic resistances from below. Meanwhile, in MACD, a bullish cross is anticipated. The RSI is taking a U-turn towards overbought from the oversold territory, which flashed at 36.15 and has taken support on 14-SMA.
therefore, if the price manages to surge, near-time resistance would be $35.0 and $45.0, respectively. however, if the price fails to surge and plunges by breaking $23.0 support, then near support would be at $12.0.
Once the price is above $50, then the price could go higher, as the gates would open towards higher levels.
At press time, the AR price is at $27.50 with an intraday loss of -1.48%, which is taking support at $23. The price approaches to cut 200-day and 50-day EMA's dynamic resistances from below. Meanwhile, in MACD, a bullish cross is anticipated. The RSI is taking a U-turn towards overbought from the oversold territory, which flashed at 36.15 and has taken support on 14-SMA.
therefore, if the price manages to surge, near-time resistance would be $35.0 and $45.0, respectively. however, if the price fails to surge and plunges by breaking $23.0 support, then near support would be at $12.0.
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