Arweave (AR) is currently priced at $4.01, reflecting a 24-hour change of -2.43%. The daily price range has been relatively narrow, with a high of $4.19 and a low of $3.89, indicating low volatility in the short term.

Trading volume stands at approximately 48 million, representing 18.30% of the market cap. This volume, combined with the current price action, suggests a moderate level of market interest, though it has not translated into significant upward momentum.

Short-term moving averages are bearish, with the 8 SMA at $4.00 showing a slight increase of +0.34%, while longer-term SMAs indicate a downward trend, with the 144 SMA at $4.15 reflecting a decline of -3.36%. The Hourly RSI at 33 indicates that AR is nearing oversold territory, suggesting potential for a rebound if buying pressure increases.

The 7-day RSI is at 48, indicating that momentum is relatively neutral but on the cusp of turning bearish. The 14-day price change is -6.60%, contrasting with a positive 30-day change of 9.53%, signaling a potential consolidation phase following recent volatility.

With the all-time high of $89.24 established in November 2021, AR's current price reflects a significant retracement, indicating a longer-term bearish trend. However, the recent 7-day price change of nearly 3% suggests some recovery efforts, albeit fragile.

Given the bearish signals from moving averages and the RSI indicators, a cautious approach is warranted. The lack of strong upward momentum, combined with recent negative price action, leads to a rating of Hold; investors should monitor for signs of reversal before considering new positions.