$ARPA is in a correction phase after a massive run (+53.41% recently). š The market is digesting the news of its evolution into a Privacy Layer 1, while bracing for a margin delisting event.
š¢ The Bull Case (Fundamentals)
L1 Evolution: Plans to launch a dedicated privacy blockchain in 2026 are attracting developer interest.
AI Tech: The launch of "Verifiable AI" using Zero-Knowledge proofs taps into the hottest narrative.
Trend: Long-term EMAs (25 & 99) are still supporting the bullish structure.
š“ The Risks (Short-Term)
Delisting: ARPA/BTC cross/isolated margin pairs will be delisted on Jan 23. This usually forces liquidations or closures, adding sell pressure.
Momentum Flip: MACD has crossed bearishly, and RSI (46) dropped below 50. The bears have control of the short term.
Support Test: Price has fallen below the Bollinger Bands mid-band.
