#VietnamCryptoPolicy
. Current market overview and pulse
ARB/USDT is around $0.33, a drop of ~2% in the last 24 hours, but still remains solidly in the range of $0.32–$0.34.
24h volume ~$170M, showing real interest and liquidity.
Historical context: All-time high at ~$2.39 on January 12, 2024; last low close to $0.2457 on April 7, 2025.
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📈 2. Technical and on-chain signals
Noticed descending wedge: ARB formed a classic wedge—lower highs and higher lows compressing around ~$0.41–0.45. Significant breakout potential awaits above $0.45 with solid volume.
Moving averages: Short-term and medium-term MAs turned bullish on the weekly chart—25-week MA (~$0.52) still as first resistance.
Oscillators: RSI and MACD show bullish sentiment—MACD has crossed positively, RSI is resting around ~55—room for increases.