Sign up to gain access to our free alerts service. Set price or indicator alerts for any cryptocurrency Sign up · Login

ARK Trends Higher, Is a 50% Retracement Possible?

Tuesday, July 17, 2018 at 9:49pm

Ark is an innovative project based in France, which aims to unify many different previously incompatible blockchain networks by creating an ecosystem of linked chains and easy to use tools to allow anyone to deploy their own blockchains.  Early on the team fell short of their 2,000 BTC ICO target back in December of 2016, only raising 1,279.67BTC (worth $998,000 USD, at the time) however decided to proceed with their roadmap while offering optional refunds to investors. has placed a Buy opinion on ARK while it trades at $1.56 on July 17, 2018.  Ark is still 3 times above its initially listed price of around $0.50, but off-of its January 2018 highs of $10. Coinopinions will continue to watch ARK and look to see if it can retrace some of its loses.


ARK provides users, developers, and startups with innovative blockchain technologies, which aim to create an entire ecosystem of linked chains and a virtual spiderweb of endless use-cases. This makes ARK highly flexible, adaptable, and scalable. ARK is a secure platform designed for mass adoption and will deliver the services that consumers want and developers need. Ark is Fast, decentralized, scalable, bridging and a open source platform to launch your own smart bridge compatible blockchain.