What's Happening in the Arbitrum (ARB)? 13 May 2023 - Coinleaks
Current Date:September 21, 2024

What’s Happening in the Arbitrum (ARB)? 13 May 2023

Aribtrum (ARB), which has been stable for a while, started to attack again by finding strength from the rise of Bitcoin (BTC).

BTC’With the depreciation of the altcoins, which were pulled to the support points, ARB ‘s reaction was remarkable. BTC to reach $ 26,900 within hours, ARB fueled the rise. 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. BTC On the other hand, the vendor’s 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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