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 […]
Tag: Arbitrum
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 […]
ARBITRUM PRICE ANALYSIS & PREDICTION (May 16) – ARB Rejects $1 Amid Recent Surge, Is More Drops Around The Corner?
Following a quick bounce from a two-month low, ARB climbed above a key psychological level and later lost momentum due to a rejection. It quickly turned weak again and now trades back near its recent low. Arbitrum went through a lot of reductions in the last two months, losing more […]
ARBITRUM PRICE ANALYSIS & PREDICTION (April 23) – ARB Faces Crucial Supply Zone Following A Short Bounce, Can It Overcome?
Two weeks ago, Arbitrum ARB climbed back above a key psychological level after dipping near the bottom during the last correction. It is currently in the middle of consolidation, gathering volatility for the next major move. Looking back from where the price started to drop in January, ARB went through […]
ARBITRUM PRICE ANALYSIS & PREDICTION (April 8) – ARB Bounces Briefly Above A Key Demand Zone: Can This Bring The Bulls Back?
ARB appeared to have found support with the latest positive actions across the market. Although, it remains bearish weekly as it may dip lower in the coming week. Otherwise, more recoveries are expected. As expected in the past months, Arbitrum’s price corrected deeper for three weeks and traded as low […]