ARPA breaking out first time ever

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Garry Kabankin
Jul 10, 2020

ARPA is a secure computation network compatible with blockchains. It enables private smart contract privacy protection and a scalable computational sharding.

This project raised $8M last summer and it's ERC20 token started trading in August.

Often flat or in downtrend. Now it's different. ARPA pumped almost x2 during a single day!

Why? And what's ahead? Let's see.

🟥 Emerging Trends

Arpa is currently #3 in Emerging Trends due to rapid increase of amount of it's mentions in crypto social media:

And it's actually quite a bearish indicator according to the study.

🟥 Trading volume

ARPA's trading volume chart shapes is telling us 'beware! bots working hard', which is not healthy

🟥 Transaction volume

Spikes come very close to tops. Last spike may also mark a top. Bearish sign

🟥 Daily Active Addresses

Too rapid DAA spike doesn't look good.

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