Arweave's ecosystem expands with new developer tools and L2 integrations, even as the token price drifts to $3.28.
What's Happening:
Price falls to $3.28, trading below 50 & 200-day MAs
DevBot and L2 updates signal strong developer activity
Facing stiff competition from Irys and Filecoin
Bearish technicals dominating short-term action
Why It Matters: Arweave is the "permanent web." The Permaweb thesis is unique. While price is suffering from competition fears, the core utility (store data once, forever) has no true substitute.
Technical View: $AR is weak. $3.00 is a major historical support level. We are approaching it fast. A bounce at $3.00 is the most likely trade setups. Upside resistance is $4.00.
🎯 Key Levels:
Support: $3.00 | Resistance: $4.00
24h Range: $3.20 - $3.40
💡 History that cannot be deleted is history that matters
What's your take? Drop a 🔥 for bullish, ❄️ for bearish 👇
#Arweave #AR #Permaweb #DePin #Web3Storage
Disclaimer: This content is for educational purposes only and should not be considered financial advice. Always do your own research (DYOR) before making any investment decisions.
