Arbitrum $ARB Price Analysis



{spot}(ARBUSDT)

Arbitrum began the prior week with a bearish tone, declining nearly 6% on Monday to close at $0.434. Tuesday saw heightened volatility as buyers and sellers vied for dominance, with sellers prevailing, pushing ARB down over 2% to $0.424. Selling pressure escalated on Wednesday, driving the price to an intraday low of $0.393. However, a rebound allowed ARB to recover above $0.40, closing at $0.415, still down over 2%. On Thursday, ARB hit an intraday high of $0.431 but lost momentum, falling over 4% to $0.397.

The bearish trend deepened on Friday, with ARB dropping over 5% to settle at $0.377. Sellers maintained control on Saturday, causing a further decline of over 2% to $0.368. Despite persistent selling pressure, ARB staged a recovery on Sunday, gaining nearly 4% to close at $0.382. Bullish momentum strengthened on Monday, with the price surging almost 6%, breaking above the 200-day SMA to reclaim $0.40 and settle at $0.405. In the current session, ARB is trending downward.
ARB3.55%
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