Market Update: ARKM/USDT
The ARKM/USDT pair trades at $1.629, down 6.91% in 24 hours, with 9.04M ARKM and 15.11M USDT in volume. Despite short-term decline, MA(7), MA(25), and MA(99) at $1.666, $1.691, and $1.687 suggest potential upward movement. AI sector tokens gaining momentum.
#ARKMUSDT #Cryptocurrency #MarketAnalysis #Infrastructure
Additional insights:
- Moderate volume indicates stable market interest.
- ARKM's decline may be a correction after recent gains.
- Moving averages suggest potential bullish reversal.
- AI sector growth may positively impact ARKM's price.
- Support levels: $1.559, $1.592. Resistance levels: $1.769, $1.874.
