Arbitrum $ARB has shown signs of recovery over the past two trading sessions after more than two weeks of declines. On June 13, ARB experienced a sharp drop to a low of $0.330 before closing at $0.348. The bearish trend continued over the weekend, with ARB falling 4.36% on Saturday and 1.74% on Sunday, reaching $0.327. On Monday, the price hit an intraday high of $0.342 but lost momentum, closing at $0.318, down nearly 3%. Selling pressure persisted on Tuesday, with a further decline of almost 5%, settling at $0.303. A slight recovery occurred on Wednesday, with ARB rising 1.29% to $0.307.
The bearish momentum resumed on Thursday, with a nearly 2% drop to $0.301, followed by a further 5% decline on Friday, falling below $0.30 to close at $0.286. Saturday saw continued selling, with a 4.05% drop to $0.275. On Sunday, ARB hit an intraday low of $0.252 but rebounded to close at $0.267, down 2.62%. Sentiment shifted on Monday, with ARB surging nearly 13% to reclaim $0.30, closing at $0.301. Buyers maintained control in the current session, with the price rising over 3% to $0.311.