Arweave Price Prediction 2025: AR Aims to Target All-Time Highs Next
Key Takeaways
- Arweave is a blockchain designed to help people store their data.
- Its native coin, AR, reached a yearly high in August 2021 and has fallen since then.
- Our Arweave price prediction says AR could reach $70 next year.
The storage coin Arweave broke past $40 in August 2024, thanks to interest after it acquired the Odysee social media app. Although the price of AR fell after that, it recovered in November, thanks to a flourishing crypto market.
On Nov. 8, 2024, AR was worth about $17.55.
Let’s now examine our Arweave price prediction, made by CCN on Nov. 8, 2024. We’ll also examine Arweave’s price history and explain what it is and does.
Arweave Price Prediction
Let’s analyze some of the Arweave price predictions CCN made on Nov. 8, 2024. It is crucial to remember that price forecasts, particularly for a potentially volatile asset like cryptocurrency, often turn out to be inaccurate.
| Minimum AR Price Prediction | Average AR Price Prediction | Maximum AR Price Prediction | |
|---|---|---|---|
| 2024 | $10 | $24 | $49 |
| 2025 | $20 | $45 | $70 |
| 2030 | $50 | $100 | $200 |
Arweave Price Prediction 2024
AR’s price outlook in 2024 is shaped by its recent recovery momentum and potential breakout from current resistance levels. If upward trends continue, prices could average around $24, but bearish rejections might push them down to $10 before further bullish phases emerge.
Arweave Price Prediction 2025
By 2025, AR is expected to benefit from broader market growth and increased adoption, allowing the average price to climb to $45. Strong market conditions and successful advancements could push AR toward $70, while a failure to maintain bullish momentum could see it holding a minimum of $20.
Arweave Price Prediction 2030
Looking ahead to 2030, AR could see significant price growth driven by long-term adoption and market maturity, with an average target of around $100. In an optimal scenario of technological expansion and high demand, AR could reach a peak of $200, though market corrections or competition may hold it as low as $50.
Arweave Price Analysis
Arweave (AR) hit an all-time high of more than $90 in November 2021 before entering a multi-year bear market. It dropped 96% to a low of $3.70 on Oct. 20, 2023. A strong rebound followed, pushing it to $49.70 on May 17, 2024.
Since May, AR has trended downward, forming a descending triangle and reaching $12.50 on Nov. 4, near its historical support zone. A 41% rally to $18.30 on Nov. 7 tested resistance, but a pullback is ongoing, though upward momentum may resume.
A breakout above the resistance could confirm a new bull phase, potentially signaling wave three of a larger impulse from October 2023. Conversely, a strong rejection could trigger further downside, possibly bringing AR back toward $10.
Short-term Arweave Price Prediction
The recent 46% rise pushed AR into overbought territory per the RSI, suggesting an expected rejection that could be corrective. If prices hold above $16 or reach the $14.60 Fibonacci level, a wave three uptrend may follow, with targets at $24 and $28.
However, if prices dip below $14, the risk of a lower low increases, potentially driving AR toward $10 before the correction phase ends. The Arweave price prediction for the next 24 hours depends on whether prices can stay up.
Arweave Relative Strength Index (RSI): Is AR Overbought or Oversold?
The Relative Strength Index (RSI) is a momentum indicator traders use to determine whether an asset is overbought or oversold. Movements above and below the 50 line also indicate if the trend is bullish or bearish.
On Nov 8, 2024, Arweave’s RSI was 68, indicating a bullish but not quite overbought sentiment.
Arweave Average True Range (ATR): AR Volatility
The Average True Range (ATR) measures market volatility by averaging the largest of three values: the current high minus the current low, the absolute value of the current high minus the previous close, and the absolute value of the current low minus the previous close over a period, typically 14 days. A rising ATR indicates increasing volatility, while a falling ATR indicates decreasing volatility. Since ATR values can be higher for higher-priced assets, normalize ATR by dividing it by the asset price to compare volatility across different price levels.
On Nov. 8, 2024, Arweave’s ATR was 0.69, suggesting relatively low volatility.
Arweave and the CCN Index
The CCN Index uses a range of indicators to determine a cryptocurrency’s price momentum.
On Nov. 8, 2024, Arweave scored 43.9 on the CCN Index, suggesting average-to-weak price momentum.
Arweave Price Performance Comparisons
Best Days and Months to Buy Arweave
We looked at Arweave’s price history and found the lowest points on certain days, months, quarters, and even weeks in the year, suggesting the best times to buy AR.
| Day of the Week | Wednesday |
| Week | 35 |
| Month | August |
| Quarter | First |
AR Price History
Let’s look at some key dates in the Arweave price history. While past performance should never be taken as an indicator of future results, knowing what the token has done in the past can help give us some much-needed context when it comes to making an AR price prediction.
| Time Period | Arweave Price |
|---|---|
| Last week (Nov. 1 2024) | $15.84 |
| Last month (Oct. 8, 2024) | $19.22 |
| Three months ago (Aug. 8, 2024) | $22.88 |
| One year ago (Nov. 8, 2023) | $7.85 |
| Launch price (May 27, 2020) | $0.4854 |
| All-time high (Nov. 5, 2021) | $90.94 |
| All-time low (May 27, 2020) | $0.4854 |
Arweave Market Cap
The market capitalization, or market cap, is the sum of the total AR in circulation multiplied by its price.
On Nov. 8, 2024, Arweave’s market cap was $1.16 billion, making it the 67th-largest crypto by that metric.
Arweave Supply and Distribution Fact Box
| Supply and distribution | Figures |
|---|---|
| Maximum Supply | 66,000,000 |
| Circulating supply (as of Nov. 8, 2024) | 65,652,466 (99.47% of maximum supply) |
From the Arweave Whitepaper
In its technical documentation or whitepaper , Arweave describes the Arweave protocol as a new mechanism design-based approach to achieving a sustainable and permanent ledger of knowledge and history.
Arweave (AR) Explained
Arweave is a blockchain designed to help people store their data. The system, originally called Archain, was released in 2018. British computer scientists Sam Williams and William Jones founded it, and the AR coin powers it.
How Arweave Works
Arweave uses a consensus mechanism called Proof-of-Access (PoA). People who want to verify transactions and add blocks to the blockchain must check that a group of transactions contains a marker taken from an earlier group. The transactions can be verified if the marker is there, and blocks can be added.
People who hold the AR coin can vote on changes to the Archain platform. The system’s miners – people who verify transactions – get AR as a reward. People can also buy, sell, and trade it on exchanges.
Is Arweave a Good Investment?
It is hard to say. While AR has performed pretty well over the last few days, it did underperform in 2023. That said, Arweave allows people to store their data permanently, giving the platform a definite purpose.
As always with crypto, you should do your own research before deciding whether or not to invest in AR.
Will Arweave go up or down?
No one can really tell right now. While the Arweave crypto price predictions are largely positive, price predictions have a well-earned reputation for being wrong. Keep in mind that prices can and do go down and up.
Should I invest in Arweave?
Before you decide whether or not to invest in Arweave, you will have to research AR and other similar coins and tokens, such as Filecoin (FIL) or Sia (SC). Either way, you must also ensure you never invest more money than you can afford to lose.
FAQs
Will Arweave reach $100?
It might do, but not for some time. Price predictions based on technical analysis think AR could reach three figures by 2030.
Keep in mind that the highest Arweave has ever traded at is $90.94, which it got to in November 2021.
What is Arweave used for?
The AR coin rewards miners on the Arweave blockchain. People can also buy, sell, and trade it on exchanges.
Disclaimer
Please note that the contents of this article are not financial or investing advice. The information provided in this article is the author’s opinion only and should not be considered as offering trading or investing recommendations. We do not make any warranties about the completeness, reliability, and accuracy of this information. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor, trader, or regular crypto user should research multiple viewpoints and be familiar with all local regulations before committing to an investment.
