Arkham price primed for a recovery rally ahead of OpenAI’s announcement

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Arkham price primed for a recovery rally ahead of OpenAI’s announcement
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Arkham (ARKM) price could benefit from the OpenAI’s Friday tweet which suggests that the company will announce in their live stream “ChatGPT and GPT-4 updates.” Sam Altman, the CEO of OpenAI furhter clarified in a subsequent tweet that this announcement will not be related to GPT-5, as many in the industry are anticipating with bated breath.

Arkham price eyes a potential reversal as it clears key hurdles.

has shot up 32% to set up a local top at $2.86 but currently trades at $2.51. Even before the upcoming OpenAI announcement on Twitter, Arkham price seems to have performed better than most altcoins. Therefore, if OpenAI announces a new development in the field of AI, it could positively impact AI-based altcoins like

can flip the latter level into a support floor, it will open the path for a retest of $3.22, constituting a 27% gain. The Relative Strength Index and Awesome Oscillator are both above their respective mean levels of 50 and 0, indicating a strong bullish momentum’s presence.

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