Arweave (AR) is currently trading at $3.45, reflecting a minor 24-hour change of 0.37%. The daily range has been relatively narrow, with a high of $3.57 and a low of $3.42, indicating a lack of significant volatility in the short term.

The trading volume stands at 16,027,659, representing 7.11% of the market cap, suggesting moderate interest among traders. However, the hourly and daily moving averages are indicating a bearish trend, as the 8, 13, and 21 SMAs are all slightly lower than the current price, while only the 55 SMA shows a positive change of 1.67%.

The Relative Strength Index (RSI) values for both 1 hour and 7 days are at 45, which indicates that AR is currently neither overbought nor oversold. Additionally, the price has experienced a notable decline over the past week, down approximately 13%, which could signal underlying weakness in the asset.

The historical context shows that AR reached an all-time high of $89.24 on November 5, 2021, but has since experienced significant depreciation. The recent price performance over 14 and 30 days further underscores the asset's downtrend, with losses exceeding 13% in both timeframes.

Given the current technical indicators, including the bearish moving averages and RSI signals, combined with the recent price decline, a cautious approach is warranted. Therefore, the recommendation is to Hold AR at this time, monitoring for any signs of reversal or improved trading volume before considering a Buy position.