Volatility is increasing for Arbitrum (ARB), which recently tested its bottom price on Binance.
ARB, which came to $1.01 a few days ago and touched the bottom price in Binance, seems to have risen from this value. The popular coin, which is currently traded at $ 1.13, has experienced a 13 percent increase in a short time. At the same time, ARB, which remained resistant to the decline in Bitcoin, again sat on the market agenda. How’s the chart for ARB? Can the ups continue?
Arbitrum (ARB) Graphic Analysis
With the withdrawal of altcoins, $1.07 was seen in the ARB. ARB, which started to rise with a reaction from this point, came to $ 1,158 after overcoming the resistance of 1,134. Pricing in a short band range, the ARB could target $1,184 – 1,249 – $1,349 and $1,423 respectively as long as it continues to the upside. The Arbitrum ecosystem, which has been presented to the market with great interest, has not yet been able to clearly meet the expectations. A rapid price hike could bring the ARB back into the spotlight.
ARB, newly listed on exchanges, tested its bottom price on Binance a few days ago. ARB, which loosened up to $1.01, formed a volatile price structure from here. For the scenario where decreases are experienced in ARB, the levels of 1.134 – 1.06 – 1.01 dollars can be followed, respectively.
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