#ARPAUSDT: A Breakout, a Pullback, and 122% Potential

3 Tem 2023

💎On May 22nd, #ARPAUSDT experienced a significant breakthrough above a long-standing range that had persisted for over a year. Following the breakout, the price surged by more than 140% from the range's upper boundary. However, a sharp pullback ensued, halting the upward movement precisely at the uptrend trendline, coinciding with the respected 200 Moving Average on the 3-Day chart.

💎The shift in supply has transformed it into a demand zone, where the current price resides. This development presents an enticing opportunity for both bullish speculators and long-term investors. To capitalize on this potential, it is crucial for #ARPA to maintain its position above the Moving Average and the trendline. By doing so, we could witness a substantial price explosion, with a projected increase of up to 122% for ARPA.

💎Nevertheless, caution is advised as there are not one, but three Fibonacci-based resistance levels that demand close monitoring. MCP team will diligently keep you updated on the progress, providing valuable insights for Paradise Club Members 🌴