Arweave (AR) is currently priced at $4.22, reflecting a 24-hour change of -2.63%. The trading activity shows a daily range of $4.17 to $4.41, indicating relatively low volatility, with the price situated closer to the lower end of this range.

The volume over the past 24 hours stands at approximately 25.3 million AR, which represents 9.14% of its market capitalization. The moving averages suggest a bearish trend, with the 8 SMA at $4.28 showing a decline of 1.39%, while longer-term SMAs such as the 21 SMA at $4.33 indicate a greater downturn of 2.47%.

Momentum indicators reveal an oversold condition with a 1-hour RSI of 26, suggesting that the asset may be due for a short-term correction or rebound. Conversely, the 7-day RSI at 50 indicates a neutral sentiment in the market, while the 14-day price change of 3.81% indicates some recovery potential in the medium term.

Comparatively, Arweave’s performance over the last 30 days has been slightly positive with a price change of 1.60%. However, the stark contrast between its current price and the all-time high of $89.24 raises concerns about its long-term growth potential and current market positioning.

Given the bearish indicators from moving averages and low RSI levels, alongside a 24-hour decline, a cautious approach is warranted. Therefore, the current rating for Arweave (AR) is a Hold, as the potential for a short-term recovery exists, but the overall trend remains negative.