CoinInsight360.com logo CoinInsight360.com logo
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
NullTx 2025-03-03 09:45:58

ARBITRUM PRICE ANALYSIS & PREDICTION (March 3) –ARB Increases Near $0.5 as Volatility Expands, Where Next?

ARB saw a little-to-no movement in the past week due to a serious volatility contraction. While this has caused lack of interest in the market, the price may explode massively when the volatility expands. From a local peak of $1.23 in December, ARB saw a lot of clampdowns and slipped to $0.345. This marked the assets lowest price level ever but has managed to recover well for a couple of days. It tried to resume bearishness this week but the $0.38 level provided support and the price climbed back to where it calmly traded for almost a week. These choppy price actions indicate an extreme volatility contraction on the daily chart. An expansion of the volatility could cause a serious havoc if the price continues to move in favour of the bears. It may revisit the monthly low or even break lower to a new low. As the volatility expands to the upside, ARB may recover some lost grounds and later resume bearishness. A continuous surge in the volatility could lead to a trend shift if the momentum gets stronger. So far, it has lost over 60% of its price from the local peak. A further collapse could cause more pain in the market as it loses momentum. Right now, there’s no sign of the bulls. ARB’s Key Level To Watch Source: Tradingview There’s a pullback level at $0.427. Losing $0.384 could roll the price back to the monthly low with a potential breakdown. The key level to consider for such a break would be $0.345. An increase from the current trading level could signal a recovery to $0.516. If the price increases above this level, the next line of resistance to keep in mind is $0.613 and may be $0.75 in the future. Key Resistance Levels: $0.516, $0.613, $0.75 Key Support Levels: $0.427, $0.384, $0.345 Spot Price: $0.463 Trend: Bearish Volatility: Low Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news !

Leggi la dichiarazione di non responsabilità : Tutti i contenuti forniti nel nostro sito Web, i siti con collegamento ipertestuale, le applicazioni associate, i forum, i blog, gli account dei social media e altre piattaforme ("Sito") sono solo per le vostre informazioni generali, procurati da fonti di terze parti. Non rilasciamo alcuna garanzia di alcun tipo in relazione al nostro contenuto, incluso ma non limitato a accuratezza e aggiornamento. Nessuna parte del contenuto che forniamo costituisce consulenza finanziaria, consulenza legale o qualsiasi altra forma di consulenza intesa per la vostra specifica dipendenza per qualsiasi scopo. Qualsiasi uso o affidamento sui nostri contenuti è esclusivamente a proprio rischio e discrezione. Devi condurre la tua ricerca, rivedere, analizzare e verificare i nostri contenuti prima di fare affidamento su di essi. Il trading è un'attività altamente rischiosa che può portare a perdite importanti, pertanto si prega di consultare il proprio consulente finanziario prima di prendere qualsiasi decisione. Nessun contenuto sul nostro sito è pensato per essere una sollecitazione o un'offerta