ARB, one of Binance’s most popular coins recently, has increased by close to 31 percent, becoming the most valuable coin of the day.
After Ethereum (ETH) reached $2,100, altcoins began to have a festive season. While almost all altcoins are bullish, ARB, the new coin of popular crypto exchange Binance, has managed to shine on the altcoins scene. Listed on many exchanges after its recent airdrop, ARB continues to maintain its popularity. ARB, which reached approximately $ 1.60, reached its new ATH value on Binance.
Arbitrum (ARB) Graphic Analysis
Eyeing new highs from its daily opening price, ARB managed to instantly reach $1,591 with an increase of more than 30 percent. In ARB, one of the new favorites of the crypto ecosystem, the $1.37 level, which is the point where the price started to rise, maintains its support role in the current process.
When we consider the shorter time frame, the $ 1.518 level can be evaluated in the pullbacks. For the uptrend to continue, a volume break of $1.5915 ATH on Binance can be followed. ARB attracted attention by becoming the most valuable coin of the day.
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