Arweave (AR) is currently priced at $4.15, showing a 24-hour change of 1.50%. The daily price action has remained stable, with a high of $4.19 and a low of $4.05, resulting in a tight daily range of 0.14%.

Volume has been robust at approximately 22 million, representing 8.12% of the market cap, indicating healthy trading activity. The short-term moving averages are predominantly bullish, with the 8 SMA, 13 SMA, and 21 SMA all trending upwards, although the 55 SMA is slightly negative.

The 1-hour Relative Strength Index (RSI) is at 65, suggesting that Arweave is nearing overbought territory, while the 7-day RSI sits at 51, indicating neutrality in the longer-term trend. Over the past week, the price has appreciated by approximately 9.15%, reflecting a positive momentum, while the 14-day change shows a decline of about 6.77%, hinting at recent volatility.

In the context of its historical performance, Arweave has significant potential with an all-time high of $89.24 reached in November 2021. Despite this, the current price level is still far below its peak, allowing for potential upside if market conditions improve.

Considering the overall technical indicators and recent price performance, I rate Arweave as a Buy. The upward trend in short-term moving averages and increasing trading volume suggest bullish momentum, despite the high RSI indicating a cautionary note for immediate trades.