Following this month’s surge, ARB is now looking bullish after breaking out of a key range yesterday. Though the price is currently down due to a recent rejection, we can anticipate a strong recovery soon. Unlike most layer 2 tokens, which have seen impressive growth in the past month, ARB […]
Tag: Arbitrum
Brace For Impact: Arbitrum’s $ARB Token Supply Release Looms
The crypto community is gearing up for the upcoming release of 92.65 million $ARB tokens on November 16, 2024. Valued at approximately $48.5 million, these tokens will be distributed to Arbitrum’s team, advisors, and investors, marking a significant event for the project. This release follows a much larger distribution earlier […]
ARBITRUM PRICE ANALYSIS & PREDICTION (October 10) – ARB Decides Next Major Move As Volatility Shrinks, Where Next?
ARB’s structure is still on a downward slope on the macro level, though it took a slight break in selling after posting a small gain months back. It appears down on the day as it traded flat for almost a week. Arbitrum is one of the most promising scaling solutions […]
ARBITRUM PRICE ANALYSIS & PREDICTION (September 21) – ARB Post 5% Daily Gain While Accumulating, Potential Bullish
ARB’s bears appeared to have reached an exhaustion point following the latest increase, initiated after a slight fall. The asset is currently accumulating daily as the price is slowly jerking up for a big rally. Looking back from where the price started to fall in the first quarter of the […]
Ethereum’s Layer 2 Ecosystem Surges: Base And Arbitrum One Lead The Charge
Ethereum’s Layer 2 (L2) ecosystem is experiencing explosive growth, with Base and Arbitrum One emerging as the top contenders, boasting over 1.5 million active addresses combined. Base, in particular, has seen a remarkable rise in 2024, with active addresses skyrocketing from near zero to 1 million in just nine months. […]
ARBITRUM PRICE ANALYSIS & PREDICTION (August 29) –Supply Turns Low As ARB Reaches Oversold, Possible Reversal
While most altcoins saw a major recovery since the monthly crash, ARB’s price remained relatively calm due to low volatility. It has initiated a drop again and is now losing momentum as the market bleeds. ARB appears back on a selling mode after initiating a false break above a five-month […]
Arbitrium (ARB) Breaks Out: Bullish Momentum Builds Amidst Surging Social Activity
Arbitrium’s price has burst out of a bullish falling wedge pattern, setting the stage for a potentially explosive upward move. This development coincides with the project’s dominance in social activity, with a remarkable 6.8k engaged posts and 399k interactions in the past 24 hours, according to Phoenix. $ARB/USDT ANALYSIS ARB […]
Arbitrum’s ARB Token Faces Pressure Amidst Supply Concerns
In a recent development, GSR Markets withdrew 7.91 million ARB tokens, worth $4.38 million, from Coinbase. Historical transaction data suggests that these tokens will be replenished after a brief period. However, ARB’s struggles continue, with the token hitting an all-time low of $0.43 and plummeting 43% year-to-date. 五小时前 GSR Markets […]
Base Surges Ahead In Layer 2 Networks, Dominating Active Addresses And NFT Creation
The gap between Layer 2 networks is widening, with Base now recording nearly 40% more daily active addresses than both Arbitrum and Optimism combined. As of August 2024, Base has solidified its position as a key player in the Layer 2 space, drawing significant attention from the crypto community. The […]
ARBITRUM PRICE ANALYSIS & PREDICTION (August 12) – ARB Calms At Resistance After A Small Bounce, More Drops Ahead
ARB’s Price is up by more than 4% today despite the relative loss amongst altcoins in the past hours. However, it is still maintaining a downward movement following a recent price breakdown. Last week was a bit painful for Arbitrum as it broke through the $0.6 level (its launch price […]
ARBITRUM PRICE ANALYSIS & PREDICTION (August 4) – ARB Pauses Selling At $0.6 After A Steady Weekly Drop, Can It Hold?
Arbitrum’s price has reached a critical trading level again in the latest dip. But it appeared to have found a temporal support and now trades calmly. A major move at this support will determine the next direction. After a three-week break from a low of $0.56 in July, Arbitrum retraced […]
ARBITRUM PRICE ANALYSIS & PREDICTION (July 23) – ARB Advances Recovery Despite Latest Market Drop, Defies The Odds
Amid a slight decrease in the entire crypto market today, ARB sustained recovery and further showed strength with a 7% increase in the last 24 hours. While defying the odds on the day, it may lose momentum soon. ARB’s outlook is still bearish on the daily chart, although the market […]
Wintermute’s Major Deposits Impact PEPE And ARB Markets
Wintermute has recently made significant moves in the cryptocurrency market, depositing a staggering 702.9 billion PEPE tokens, valued at approximately $6.59 million, to Binance. This substantial deposit coincided with a 3.4% drop in the price of PEPE, highlighting the market’s sensitivity to large-scale transactions. 过去 4 小时 Wintermute 累计向币安充值 7029 […]
ARBITRUM PRICE ANALYSIS & PREDICTION (July 5) – ARB Dips Near Launch Price Amid Crash, Enters Oversold Condition
Following a huge collapse this week, Arbitrum moved out of a two-week consolidation phase and continued to break down daily. It has lost a key support level and is now rolling back to its launch price level. So far, ARB has seen a notable reduction over the past 72 hours […]
$ZRO Gains Momentum On Arbitrum Network With Significant Transactions
The wallet address 0x11b3 recently received 1.69 million $ZRO tokens, valued at $6.46 million, from the @GSR_io wallet 0xd8d on the Arbitrum network. This transaction follows a previous move where the same wallet used Binance as a bridge to convert 5 million $ZRO, approximately $13.99 million on the Ethereum network, […]
ARBITRUM PRICE ANALYSIS & PREDICTION (June 27) – ARB Settles Above $0.7, Is It Negotiating the Next Dip?
Following serious sell-offs in the past months, Arbitrum ARB looks extremely oversold on a daily scale with no signs of recovery. However, it has found temporal support above $0.7 but is yet to signal a buy. Three weeks ago, ARB lost the key $1 level after witnessing a lot of […]
ARBITRUM PRICE ANALYSIS & PREDICTION (June 10) – ARB Bounces Off $0.9 In The Latest Dip, Can It Hold As Solid Support?
The recent meltdown has put Arbitrum ARB in a more bearish condition as it lost a key level. While providing a discount for a long-term buy, it has found support and now decides on where next to head on a daily scale. After witnessing a short bounce, ARB saw a […]
ARBITRUM PRICE ANALYSIS & PREDICTION (May 24) – ARB Faces Key Resistance After Charting 25% Weekly Gain, Potential Breakup?
Arbitrum’s ARB price appeared strong on a weekly scale after bouncing above a key level. The price is still trading far away from the top, providing a big discount for a long-term buy while negotiating a key resistance level. ARB saw a huge loss during the last bearish correctional phase […]