Arbitrum $ARB Price Update ARB’s price action has been a rollercoaster this week!
Here’s the latest:
Last Weekend: ARB surged, up 1.73% Saturday and a massive 17.96% Sunday to $0.367, crossing the 20 & 50-day SMAs.
Monday-Tuesday: Bears took over, dropping 6% to $0.345, then 5.22% to $0.327.
Midweek Recovery: Wednesday saw a 6.26% bounce to $0.348. Thursday hit a high of $0.364 but closed down 1.18% at $0.343.
Friday: Selling pressure spiked, with a 5.83% fall to $0.324 (intraday low $0.313).
This Weekend: Modest gains of 1.20% Saturday and 1.85% Sunday, ending at $0.334.
This Week: Monday dipped 1.67% to $0.329. ARB’s down ~0.91%, trading at $0.327.Key Levels
Support: $0.313 (watch for a break below toward $0.300)
Resistance: $0.348, $0.367 (bullish breakout potential)
Trend: Bearish bias with sellers in control, but recoveries hint at buyer support.ARB’s volatility is wild stay sharp, traders!
Keep an eye on $0.313 support and $0.367 resistance for the next move.