Anyone else thinks it's weird how ARPA just keeps pumping? I was watching the charts all day yesterday and through the night (Europoor timezone) and I can't help but shake the feeling that these cheeky chinks are painting the chart and aiming for another leg up today. The larger timeframe charts look absolutely retarded, but with 5 min candles the chart looks... Aesthetic?
Look at how the pump consolidation in the first box. It looks way too nice. It's textbook consolidation into a second, way bigger pump after breaking out. Then after the big pump this morning it's almost like it's being walked down. This is nothing like the volatile drops you would expect to see when a low marketcap coin violently moons 150% in one day. It should look jagged, ugly, and insensible. A crap shoot. But this fucking FIVE MINUTE CHART seems to be following market averages, is respecting resistances & support, and is performing breakouts after violating them. I've never seen this before in a low marketcap coin. The chart looks like a daily candle chart for big crypto or even a weekly candle chart for stocks. I just can't wrap my head around it.
Now the question is, is this bullish or not? I'm kinda tempted to let my meager stash ride (bought 50k last week, swung it up to 60k last night with very conservative swings, just trading patterns), but I also don't want to get caught with my pants down in a China hustle when the bottom falls out. Thoughts?
I don't even know to be honest. I traded it purely on the chart. This is stated on their website: >We propose a blockchain-based secure computation network of Multi-party Computation (MPC). ARPA cryptographically enables private smart contract, unprecedented data-at-use privacy protection, as well as scalable computational sharding Apparently they are partnered with a subsidiary of JD (big Chinese retailer) and CZ is hanging around them as well.
William Johnson
Arpa is a privacy DeFi coin. Very much moon potential. Fomo in NOW!
Sebastian Cooper
>The ARPA secure multi-party computing network can be used as a protocol layer to implement privacy computing capabilities for public chains, and it enables developers to build efficient, secure, and data-protected business applications on private smart contracts.
Just made another 20% swinging the 300 sats support. Wtf?
Lucas Cook
She’s looking like she’s taking off again too... 15%-25% pa staking. Privacy. finance blockchain infrastructure. Big real world Partners. Working mainnet. Strong academic underpinning. Chink market. And Vitalic. Binance and fuck off volume and order books are stilted up. Big all time high taget to rehit. This is it I’m doubling down...
Blake White
bought a bag yesterday and today its only at 20 mil market cap with 100 mil volume easy 5x i hope
Easton Young
*i mean Vitalik supposedly agrees with mpc or something
Nathan Jenkins
The teams coins become unlocked at the end of this month. Get ready for an epic dump.
Juan Gonzalez
Anyone buying now???
Michael Gonzalez
I'm tempted. Have a buy order at 331 sats but I feel like greeding for a lower buy in
Jose Butler
HERE WE GO
Henry Cooper
Actually the weird thing is that it remained below 10 mil market cap and around 0.01 so long. This should should've been at least 0.05 since months ago. That is correcting now, will be 0.015 by the end of summer.
Robert Bailey
You mean 0.15?
Caleb Jones
It's about to break resistance again...
Eli Howard
WHAT A FUCKING JOKE
Adam Rivera
I swear to god these crafty chinks are up to something. I am too much of a pussy to buy in again
