Aribtrum (ARB), which has been stable for a while, started to attack again by finding strength from the rise of Bitcoin (BTC).
The reaction of ARB, one of the altcoins that was pulled to the support points with the depreciation of BTC, drew attention. The fact that BTC reached $ 26,900 within hours ignited the rise in ARB. ARB, which came to $ 1.17, managed to become the 3rd highest rising altcoin of the day. ARB, which continues to be talked about, although not as much as before, continues to remain in the focus of crypto investors.
Arbitrum (ARB) Graphic Analysis
ARB, which entered a major downtrend from $ 1.81, had come to $ 1.50 a few days ago and canceled this trend together. On the other hand, BTC’s seller progress increased the sales on the ARB side again. ARB, which is currently at $ 1.16, has started to be talked about again with its increase in the last 24 hours.
It is of great importance that the weekly and monthly opening price is exceeded in order for the bullish structure to continue in ARB. If these resistances are broken, 1.423 – 1.518 – 1.587 – 1.744 and 1.81 levels can be observed on ARB, respectively. Negative pricing of BTC or Fud news from the ARB ecosystem may bring the price down to $1.13 – $1.06 and $1.01, respectively.
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