The post AR Technical Analysis Jan 28 appeared on BitcoinEthereumNews.com.

AR is positioned at a critical juncture at the $3.31 level. Despite the downtrend, the RSI near the oversold region at 35 and Bitcoin’s sideways movement make both bullish and bearish scenarios possible; traders should be prepared for both directions. Current Market Situation AR/USD is trading at $3.31 as of January 28, 2026, showing a slight 1.22% increase over the last 24 hours. The price range is in a narrow consolidation between $3.25-$3.39, with volume at a moderate $12.90M. The overall trend is downward; the price is trading below EMA20 ($3.60) and the Supertrend indicator is giving a bearish signal, keeping it under pressure from the $4.03 resistance. RSI at 35.51 is approaching oversold, signaling short-term recovery potential, but MACD’s negative histogram maintains bearish momentum. Multi-timeframe (MTF) analysis identifies 11 strong levels across 1D/3D/1W timeframes: 1 support/3 resistances on 1D, 1S/1R on 3D, and a balanced 3S/3R on 1W. Critical support at $3.2200 (strength score 65/100), resistances at $3.4000 (68/100), $3.7643 (66/100), and $5.2723 (69/100). This setup depicts a market awaiting a clear breakout; traders should monitor volume and candle closes. Scenario 1: Bullish Scenario How Does This Scenario Occur? For the bullish scenario, a volume-backed close above the $3.4000 resistance (strength 68/100) is required first. If this level breaks, momentum increase is expected; positive divergence on RSI (higher RSI without a lower low) and MACD histogram approaching zero would serve as confirmation signals. Supertrend flipping bullish (above $4.03) and breaking above EMA20 ($3.60) would confirm a short-term trend reversal. In MTF, clearing the first two of the three 1W resistances ($3.40-$3.76) would bring buyers into play. A 50%+ volume increase and a chain of green candles would strengthen this scenario. Bitcoin holding above $89,071 support would support an altcoin rally. Invalidation of this scenario: Close below $3.2200 support. Target…

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Filed under: News - @ January 29, 2026 4:28 am