Arbitrum (ARB), which showed an increase of close to 13 percent, managed to become one of the most rising coins of the day.
Led by Bitcoin (BTC), an uptrend was observed in almost all altcoins. ARB, the fourth most valuable coin of the day with an increase of 12.11 percent, broke its silence. ARB, which has not been on the rise for a while, made its investor smile by coming from $1.27 to $1.50 within hours.
Arbitrum (ARB) Graphic Analysis
ARB, which became one of the most increasing coins of the day with an increase of close to 13 percent, showed a voluminous rise especially today. Reaching $1.47 within hours with the reaction it received from $1.27, ARB achieved an increase of 12.11 percent. ARB, which has remained popular since its listing, has garnered a lot of attention after this price action.
ARB, which has lost its daily, weekly and monthly opening price, can now consider these values as a support task. One of the important criteria in ARB’s upward movement will be the permanent overshoot of $1.51. Another important factor for the coin, which is far from the ATH level for now, will be the volatile movements of BTC. In the process where the pricing continues to be positive, it will be likely to face selling pressure at the levels of 1.59 – 1.74 and 1.81 dollars.
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