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Cryptocurrency prices did moderately well last week as investors embraced a risk-on sentiment in the financial market. Bitcoin jumped to above $67,000 for the first time in over a month while BitBot continued its token sale, raising millions of dollars. This article focuses on BitBot, Floki, and Arweave.<\/p>\n

Arweave price forecast<\/h2>\n

Arweave is one of the biggest players in the web 3 industry with a market cap of over $3 billion. It is disrupting the online storage industry by providing permanent storage solutions for developers. Developers can also launch smart contracts that handle transactions within seconds using its Warp technology.<\/p>\n

Arweave\u2019s price has done well in the past few weeks as it defied the gravity that we have seen in the crypto industry. It jumped to a high of $50 last week, its highest level since January 2022. It has soared by over 1,150% from its lowest point in 2023. Most recently, it has jumped for four straight weeks.<\/p>\n

Turning to the weekly chart, we see that the AR token price has been in a strong bull run in the past few weeks. It has remained comfortably above the 50-week and 25-week Exponential Moving Averages (EMA).<\/p>\n

It is now hovering at $48, its previous highest point this year, meaning that it is forming a double-top pattern, a popular bearish sign. Arweave is also nearing the 50% Fibonacci Retracement level.<\/p>\n

Therefore, while Arweave\u2019s token price outlook is bullish, buyers must now move above the crucial resistance level at $49.70. If this happens, the next point to watch will be the 61.8% retracement point at $60.<\/p>\n

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Floki price prediction<\/h2>\n

Like Arweave, the price of\u00a0Floki has defied gravity in the past few weeks. It jumped to a high of $0.0002290 last week, its highest swing since April 2nd. At its highest point this month, the token was up by 105% from its lowest point on April 13th.\u00a0<\/p>\n

Floki Inu has now pulled back and moved below the 38.2% Fibonacci Retracement level. It has also remained above the 50-day and 25-day moving averages and the lower side of the Andrews Pitchfork tool.\u00a0<\/p>\n

Therefore, the outlook for Floki is neutral for now. A break below the pitchfork tool will point to more downside, with the next point to watch being at $0.00018. The alternative is where it rebounds and retests last week\u2019s high of $0.00022.<\/p>\n

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BitBot analysis<\/h2>\n

The other notable cryptocurrency is BitBot, which has already raised over $3.5 million from global investors. BitBot is a company that seeks to change the trading industry by leveraging the concepts of technical analysis and artificial intelligence (AI).<\/p>\n

It will be a comprehensive trading bot that anyone can use to trade cryptocurrencies like Bitcoin, Ethereum, and Solana. The app will be distributed in Telegram, a leading social media platform with over 900 million users globally.\u00a0<\/p>\n

Unlike other trading bots, BitBot will have several important features. First, it will be a non-custodial bot, meaning that the developers will not have access to your funds. Second, holders of the $BITBOT token will have access to additional staking rewards. Third, these holders will take part in its governance. You can buy the BitBot token\u00a0here.<\/p>\n

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Cryptocurrency prices did moderately well last week as investors embraced a risk-on sentiment in the financial market. Bitcoin jumped to above $67,000 for the first time in over a month while BitBot continued its token sale, raising millions of dollars. This article focuses on BitBot, Floki, and Arweave. Arweave price forecast Arweave is one of […]<\/p>\n","protected":false},"author":1,"featured_media":14053,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39],"tags":[],"class_list":["post-14052","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-analysis"],"yoast_head":"\n