Argo Blockchain plc (ticker ARBKF on Pink Sheets, or ARBK on Nasdaq) is turning heads of late, so our real question today is: Should you be buying it? Let’s break it down.
What Is the Buzz Around Argo Blockchain?
Zacks Investment Research upgraded ARBKF to “Rank #2 (Buy). Positive signs such as the 10-day moving average piercing through the 50-day on May 23, 2025 only added to the enthusiasm of tickeron.com. And tech analysts at StockInvest.us noted that short‑ and long-term indicators are suggesting buy trends.
Price Action & Technical Signals
StockInvest.us characterizes ARBKF as a high-risk, high-volatility bet. As for June 17, 2025, ARBKF finished at $0.0381, rising nearly 18% on the day.
Short-term bullish “golden cross” and MACD signals are in place, but the same metrics spouted a “double-top” sell setup, warning of a possible 10 percent drop in the run up to June 20.
There’s a very strong support at around $0.0365 and some resistance is expected at $0.0393, so the price could be trading in the range from $0.0308 to $0.0454.
Forecasts & Price Targets
Predictions differ by the platform:
• StockInvest.us is predicting a 9% potential increase,
• While CoinCodex projects a possible moderate increase (~1%) in overall sentiment, which is bearish.
coincodex.com
This mixed analysis brings ARBKF shares to something of a wild card: short squeezes may push its value up, yet larger bearish patterns drag it down.
The Basics & the Market Today
From my perspective on the fundamentals, ARBKF is largely driven by the price of Bitcoin, mining margins, and regulation in the space. (For one thing, its market cap under $40 million magnifies every move, good or bad.)
But recent coverage like “Bleak Prospects” on Seeking Alpha highlighted ongoing losses and questions over the succession of its CEO.
seekingalpha.com
Then, ARBKF’s liquidity can be thin, resulting in wide daily price swings that are frustrating to traditional investors.
Pros and Cons at a Glance
| ✅ Pros | ⚠️ Cons |
|---|---|
| Zacks new Buy (Rank #2) | High volatility (>15% daily) |
| Bullish near-term technicals signals (MA Crossovers, MACD) | Sell signals: double-top, pivot tops |
| Up to 8–9% possible gain in 3 months | Bears overall; technical and fundamental risks |
| Low valuation, upside potential | Low liquidity, crypto and regulatory exposure |
Should You Buy ARBKF?
If you have an iron stomach and think Bitcoin rallies between now and the next few months, ARBKF is a speculative but potentially rewarding punt. The technical image and analyst upgrades lend some short-term credence.
Yet the mixed sentiment, weak trading volume, and the fact that its fundamentals remain beholden to all things crypto could be a sore-thumb for risk-averse investors or those who plan on holding the stock for the long term.
Key tipping points:
• If there is an upside break above $0.0393, it may even push the price higher.
• A crack below $0.0365 will confirm bear bias — stop-losses/hedges are important here.
Final Takeaways
Near-term trade: Yes, ARBKF can trade higher with crypto winds at its back and recent technical breakouts.
Long-term play: It’s speculative — volatility is up, liquidity can be hard to come by, and crypto-related risks are still significant.
Fit for your portfolio? Only as a small, speculative bet. Never forget to stripe with strict risk controls (read: stop-loss orders).