- Bullish ARPA price prediction ranges from $0.0285 to $0.1930
- Analysis suggests that the ARPA price might reach above 0.1928
- The ARPA bearish market price prediction for 2023 is $x0.0280
What is ARPA (ARPA)?
ARPA Network (ARPA) is a decentralized secure computation network that aims to develop fair, secure, and privacy-preserving blockchain ecosystems. As such, they innovate cryptographic systems to make blockchains more versatile, reliable, and interlinked.
ARPA threshold BLS signature network serves as the basis of a verifiable Random Number Generator (RNG), secure wallet, cross-chain bridge, and decentralized custody across multiple blockchains. ARPA Mainnet has completed over 224,000 computation tasks in the past years.
Randcast, a verifiable Random Number Generator (RNG), is the first application that leverages ARPA as infrastructure. Randcast offers a cryptographically generated random source with superior security and low cost compared to other solutions. Metaverse, game, lottery, NFT minting and whitelisting, key generation, and blockchain validator task distribution can benefit from Randcast’s tamper-proof randomness
Table of contents
- What is ARPA (ARPA)?
- ARPA (ARPA) Market Overview
- Analysts’ Views on ARPA
- ARPA Current Market Status
- ARPA Price Analysis 2023
- ARPA Price Prediction 2023-2030 Overview
- ARPA Price Prediction 2023
- ARPA Price Prediction 2024
- ARPA Price Prediction 2025
- ARPA Price Prediction 2026
- ARPA Price Prediction 2027
- ARPA Price Prediction 2028
- ARPA Price Prediction 2029
- ARPA Price Prediction 2030
- ARPA Price Prediction 2040
- ARPA Price Prediction 2050
- Conclusion
- FAQ
- More Crypto Price Predictions:
ARPA (ARPA) Market Overview
HTTP Request Failed... Error: file_get_contents(https://api.tokenncoin.com/coins/info?name=arpa): Failed to open stream: HTTP request failed! HTTP/1.1 404 Not FoundAnalysts’ Views on ARPA
Prof.Noan.Ai, a netizen who forewarns on scams tweeted that ARPA won’t be able to hold the gain for longer with its green candlestick. As such, he predicted that a fall was on the way for ARPA. He further stated that ARPA could fall right now or maybe even after a leg up
ARPA Current Market Status
ARPA has a circulating supply of 1,242,888,889 ARPA coins, while its maximum supply is 2,000,000,000 ARPA coins, according to CoinMarketCap. At the time of writing, ARPA is trading at $0.1064 representing 24 hours increase of 14.61%. The trading volume of ARPA in the past 24 hours is $593,214,566 which represents an 86.32% increase.
Some top cryptocurrency exchanges for trading ARPA are Binance, Bitrue, BingX, Bybit, and Bitget.
Now that you know ARPA and its current market status, we shall discuss the price analysis of ARPA for 2023.
ARPA Price Analysis 2023
Currently, ARPA ranks 177th on CoinMarketCap. Will ARPA’s most recent improvements, additions, and modifications help its price go up? First, let’s focus on the charts in this article’s ARPA price forecast.
ARPA Price Analysis – Bollinger Bands
The Bollinger bands are a type of price envelope developed by John Bollinger. It gives a range with an upper and lower limit for the price to fluctuate. The Bollinger bands work on the principle of standard deviation and period (time).
The upper band as shown in the chart is calculated by adding two times the standard deviation to the Simple Moving Average while the lower band is calculated by subtracting two times the standard deviation from the Simple Moving Average. When the bands widen, it shows there’s going to be more volatility and when they contract, there is less volatility.
When Bollinger bands are used in a cryptocurrency chart, we could expect the price of the cryptocurrency to reside within the upper and lower bounds of the Bollinger bands 95% of the time. The above thesis is derived from an Empirical law.
The sections highlighted by red rectangles in the chart above show how the bands expand and contract. When the bands widen, we could expect more volatility, and when the bands contract, it denotes less volatility.
The green rectangles show how LRC retraced after touching the upper band (overbought) and lower band (oversold).
Currently, ARPA has had a massive surge in price. The increment in the price is so large that ARPA is way above the upper Bollinger Band. Even the one red retracement candlestick is above ARPA.
As such, we could expect ARPA to retrace and fall within the bounds of the Bollinger bands. However, when looking at the Bandwidth indicator at the bottom of the chart, we could see that it indicates 1.36. Once ARPA has gone above the said limit, the bands started to squeeze only after it reached 1.42. Hence, we could expect the angle of the bands with the vertical to reduce further.
As such, the volatile situation may continue and we could expect ARPA to fall by a large margin. Traders looking to short may find this an excellent opportunity to make profits.
ARPA Price Analysis – Relative Strength Index
The Relative Strength Index is an indicator that is used to find out whether the price of a security is overvalued or undervalued. As per its name, RSI indicators help determine how the security is doing at present, relative to its previous price.
Moreover, it has a signal line which is a Simple Moving Average (SMA) that acts as a yardstick or reference to the RSI line. Hence, whenever the RSI line is above the SMA, it is considered bullish; if it’s below the SMA, it is bearish.
When considering the first green rectangle from the left of the chart below we can see that the RSI is above the signal. Hence, ARPA is bullish and as a result, it is making higher highs.
The second green rectangle shows that the RSI line (purple) is below the Signal line (yellow). As such, ARPA is bearish or losing value. Therefore it is reaching lower lows as shown in the chart.
Moreover, the RSI could also be used to find out the divergence. For instance, when the token is making higher highs then the RSI should also be making higher highs in unison with it for it to be called a bull run. However, if the RSI does not make higher highs with the token, then we could say that there could be a trend reversal, as the token is losing value despite making higher highs.
Currently, the RSI of ARPA is extremely overbought as it is valued at 85.06. Although, intuitively we may think that ARPA will go through a correction, when looking at the RSI, it says otherwise.
This is because the RSI reversed a little bit higher than where it is at present. However, whether the price will increase with the increment in RSI, or whether it will decrease is yet to be found. As such traders may need to keep an eye on ARPA since there seems to be high volatility on the horizon.
However, they could make use of the RSI Resistance and Support indicator used in the chart to enter and exit the market. Moreover, the indicators show the Crossover Overbought, Crossover Oversold, Crosssunder Overbought, and Oversold regions.
In particular, the indicator shows the overbought and oversold region for each crossing of the RSI, be it from over or under. Based on this traders can make their call. Currently, ARPA has gone above the bull zone (purple) at $0.0558 and it is also far above the Crossover Overbought (green line) at $0.0688.
We could expect ARPA to fall to the green line at $0.0688 since it is extremely overbought. As such those shorting ARPA may want to consider having their take profit somewhere close to this area. Moreover, the Stochastic RSI is also on the verge of making a turnaround. As such we could expect ARPA to retrace its prices.
ARPA Price Analysis – Moving Average
The Exponential Moving averages are quite similar to the simple moving averages (SMA). However, the SMA equally distributes down all values whereas the Exponential Moving Average gives more weightage to the current prices. Since SMA undermines the weightage of the present price, the EMA is used in price movements.
The 200-day MA is considered to be the long-term moving average while the 50-day MA is considered the short-term moving average in trading. Based on how these two lines behave, the strength of the cryptocurrency or the trend can be determined on average.
In particular, when the short-term moving average (50-day MA) approaches the long-term moving average (200-day MA) from below and crosses it, we call it a Golden Cross.
Contrastingly, when the short-term moving average crosses the long-term moving average from above then, a death cross occurs.
Usually, when a Golden Cross occurs, the prices of the cryptocurrency will shoot up drastically, but when there’s a Death Cross, the prices will crash.
Whenever the price of cryptocurrency is above the 50-day or 200-day MA, or above both we may say that the token is bullish (Red rectangle). Contrastingly, if the token is below the 50-day or 200-day, or below both, then we could call it bearish (Blue triangle section).
When considering the 2023 spike, we could see that ARPA ascended gradually but was followed by a drastic fall where it found support at $0.0311 and thereafter there was another surge which was followed by a gradual increase. This was followed by a drastic fall.
This preceding pattern of making crests, falling, finding higher low support, and then rising gradually could be seen even right now, except the rise is exponential. As we could expect ARPA to fall and find Support at a higher low and thereafter rise again.
Nonetheless, in the event that there is no higher support for ARPA to land, we could expect it to find Support at the 50-day MA. If by any means the 50-day MA is not able to support ARPA’s fall, it may resort to the assistance of the 200-day MA.
ARPA Price Analysis – Elder Force Index
Elder Force Index is an indicator that was invented by Alexander Elder, who was an entrepreneur. The indicator mainly uses two parameters to adjudicate the buying and selling force and thereby predicts the market trend. In particular, it relies on price change and volume. As such the strength of the buying force or selling force is dependent on either the price change or the volume.
Whenever the EFI is greater than zero, or positive, we could say that the trend is bullish, as there is more buying pressure. However, when the EFI is in the negative zone, we could say that the cryptocurrency is in the negative zone and the selling pressure is more.
Moreover, the Elder Force could also be used to figure out trend reversals and breakouts. For instance when the EFI is making higher highs while the cryptocurrency is making lower highs, then we could say that this is a bullish divergence. However, in the event that the cryptocurrency is making higher highs while the EFI is making lower highs, then it is a bearish divergence.
When looking at the chart, we could see that the EFI has been following a pattern of a vertical rise followed by a gradual fall. Meanwhile, when scrutinizing the fall of ARPA’s EFI we could see that it fell from approximately 14M to 10.5M. Since EFI takes the price and the volume into consideration, it could have either of them that affect this large fall.
However, when scrutinizing the Bear-bull-power indicator, we could note that the BBP indicator hasn’t fallen by much while the volume has reduced from approximately 47% to 16%. It may be that the traders may want to see off this highly volatile situation.
ARPA Price Prediction 2023-2030 Overview
Year | Minimum Price | Average Price | Maximum Price |
2023 | $0.1898 | $0.1928 | $0.2015 |
2024 | $0.2051 | $0.2257 | $0.2310 |
2025 | $0.3952 | $0.4013 | $0.4125 |
2026 | $0.1878 | $0.1969 | $0.2021 |
2027 | $0.2451 | $0.2527 | $0.2831 |
2028 | $0.2921 | $0.3060 | $0.3129 |
2029 | $0.4871 | $0.4978 | $0.5140 |
2030 | $0.3912 | $0.4286 | $0.4982 |
2040 | $0.7215 | $0.7527 | $0.7984 |
2050 | $0.9987 | $1.0742 | $1.250 |
ARPA Price Prediction 2023
When looking at the chart above we could see that ARPA has been heavily dependent on Support 3 at $0.0294 since last May. However, from nowhere ARPA surged to reach its present price. Based on observations made on ARPA’s behavior during the last occasion that its price was in this region, we could not that ARPA surged even further. It broke Resistance 1 at $0.1340 and went on to reach Resistance 2 at $0.1603.
Moreover, if the bulls are still persistent at Resistance 2 then ARPA would able to break Resistance 2 and reach Resistance 3 at $0.1928.
Contrastingly, if the bulls take over the market, we see ARPA seeking to land on Support 1 at $0.0791. However, Support 1 has been quite weak, as such, ARPA may seek support at Support 2 ($0.0624). The good thing about this Support 2 level is that it has acted as a launchpad for ARPA to spring back. Nonetheless, in the unfortunate event that ARPA is not held at Support 2, it may fall to Support 3 at 0.0294 which is quite a hard place to rise from.
ARPA Price Prediction – Resistance and Support Levels
When looking at the chart above, we could see that ARPA has been heavily dependent on the 8:1 Gann line for support when it has been rising. We could see that although ARPA had two spikes as highlighted in the chart, it wasn’t able to keep moving in that Gann line where those two spikes belonged to. As such it fell along the 2:1 Gann line, while the 3:1 Gann line has been a tough resistance to break through.
However, currently, ARPA has broken the 3:1 Gann line and has gone above the 2:1 Gann line as well. We could expect ARPA to slide along the 2:1 Gann line. With more pressure from the bears, we may see ARPA fall and reach for Support at the 3:1 Gann line. In the event the Bulls are too strong for the 3:1 Gann line, ARPA will be back at square one.
ARPA Price Prediction 2024
There will be Bitcoin halving in 2024, and hence we should expect a positive trend in the market due to user sentiments and the quest by investors to accumulate more of the coin. However, the year of BTC halving didn’t yield the maximum ARPA based on the previous halving. Hence, we could expect ARPA to trade at a price not below $0.2257 by the end of 2024.
ARPA Price Prediction 2025
ARPA may experience the after-effects of the Bitcoin halving and is expected to trade much higher than its 2024 price. Many trade analysts speculate that BTC halving could create a huge impact on the crypto market. Moreover, similar to many altcoins, ARPA will continue to rise in 2025 forming new resistance levels. It is expected that ARPA would trade beyond the $0.4013 level.
ARPA Price Prediction 2026
It is expected that after a long period of bull run, the bears would come into power and start negatively impacting the cryptocurrencies. During this bearish sentiment, ARPA could tumble into its support regions. During this period of price correction, ARPA could lose momentum and be way below its 2025 price. As such it could be trading at $0.1969 by 2026.
ARPA Price Prediction 2027
Naturally, traders expect a bullish market sentiment after the crypto industry was affected negatively by the bears’ claw. Moreover, the build-up to the next Bitcoin halving in 2028 could evoke excitement in traders. However, there will be a dip before ARPA actually surges, as such we could expect ARPA to trade at around $0.2527 by the end of 2027.
ARPA Price Prediction 2028
As the crypto community’s hope will be re-ignited looking forward to Bitcoin halving like many altcoins, ARPA may reciprocate its past behavior during the BTC halving. Hence, ARPA would be trading at $0.3060 after experiencing a considerable surge by the end of 2028.
ARPA Price Prediction 2029
2029 is expected to be another bull run due to the aftermath of the BTC halving. However, traders speculate that the crypto market would gradually become stable by this year. In tandem with the stable market sentiment, ARPA could be trading at $0.49478 by the end of 2029.
ARPA Price Prediction 2030
After witnessing a bullish run in the market, ARPA and many altcoins would show signs of consolidation and might trade sideways and move downwards for some time while experiencing minor spikes. Therefore, by the end of 2030, ARPA could be trading at $0.4286
ARPA Price Prediction 2040
The long-term forecast for ARPA indicates that this altcoin could reach a new all-time high(ATH). This would be one of the key moments as HODLERS may expect to sell some of their tokens at the ATH point.
If they start selling then ARPA could fall in value. It is expected that the average price of ARPA could reach $0.7527 by 2040.
ARPA Price Prediction 2050
The community believes that there will be widespread adoption of cryptocurrencies, which could maintain gradual bullish gains. By the end of 2050, if the bullish momentum is maintained, ARPA could hit $1.0724.
Conclusion
If investors continue showing their interest in ARPA and add these tokens to their portfolio, it could continue to rise. ARPA’s bullish price prediction shows that it could reach the $0.1928 level.
FAQ
ARPA Network (ARPA) is a decentralized secure computation network that aims to develop fair, secure, and privacy-preserving blockchain ecosystems. They innovate cryptographic systems to make blockchains more versatile, reliable, and interlinked.
ARPA can be traded on many exchanges like Binance, Bitrue, Bybit, Bitget, and BingX.
ARPA has a possibility of surpassing its present all-time high (ATH) price of $0.2752 in 2021.
ARPA is one of the few cryptocurrencies that is quite volatile. As such, we could expect it to burst out with a large spike. If it does spike it might reach $0.2 soon after it breaks the Resistance 1 level.
ARPA has been one of the most suitable investments in the crypto space. It is highly volatile, as such, it has quite a margin when its price fluctuates. Hence, traders may be allured to invest in ARPA. It’s a good investment in the short term and in the long term as well.
The present all-time low price of ARPA is $0.00348.
The maximum supply of ARPA is 2,000,000,000 ARPA coins.
ARPA can be stored in a cold wallet, hot wallet, or exchange wallet.
ARPA is expected to reach $0.1928 by 2023.
ARPA is expected to reach $0.2257 by 2024.
ARPA is expected to reach $0.4013 by 2025.
ARPA is expected to reach $0.1969 by 2026.
ARPA is expected to reach $0.2527 by 2027.
ARPA is expected to reach $0.3060 by 2028.
ARPA is expected to reach $0.4978 by 2029.
ARPA is expected to reach $0.4286 by 2030.
ARPA is expected to reach $0.7527 by 2040.
ARPA is expected to reach $1.0742 by 2050.
Disclaimer: The views and opinions, as well as all the information shared in this price prediction, are published in good faith. Readers must do their research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.
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