The price drop in Arbitrum (ARB), which entered the crypto industry like a bomb, attracted attention, selling pressure is increasing.
carried out airdrop With the Arbitrum ecosystem, which has gathered a large audience, developments continue. The graph is not clear yet. ARBLarge price movements are observed in . Down 12% in the last 24 hoursThe new star of crypto has frightened its investors. $1.44from levels, $1.27declining levels, It has signed a sharp price action on a one-day time frame.currently support level of under pricing In ARB, volatile price movements continue. The ARB ecosystem, which also has a large audience on social media, increased its activities after this decline.
Arbitrum (ARB) Graphic Analysis
Bullish in volume from $1.11 ARB It reached the level of $1.41. on the market fudwith the effect of the news, it started a downtrend. ARBAs of the current situation, it has broken its strong support. With the break of the $1.31 supportfacing voluminous sales pressure ARB, It may have moved towards the $1.20 levels.In order for ARB to move upwards again, respectively, 1.316 – 1.344 – 1.408 resistancesfollowable.
