Arbitrum

2024

Block

Lens

Higher

<ul class="news-points wp-block-list">
 <li>ARB shows key support at $1.04, with resistance at $1.06 hindering upward momentum.</li>
 <li>Increased 24-hour trading volume suggests active market participation and volatility.</li>
 <li>RSI nearing overbought levels and MACD signals potential short-term downward pressure.</li>
</ul>
<a href="https://coinedition.com/arbitrums-upcoming-48-5m-token-unlock-sparks-price-volatility-concerns/?utm_source=telegram_channel&amp;utm_medium=referral" rel="noopener noreferrer nofollow">Arbitrum (ARB)</a> has been volatile lately, but also shows some steady movement. Of note, is a wallet linked to the Arbitrum team that sent 20 million ARB tokens, worth $20.85 million, to Coinbase at an average price of $1.04.&nbsp;
Onchain Lens data shows that over the past year, this wallet moved a total of 250 million ARB tokens, worth $244.43 million, to the same exchange. ARB trades now at <a href="https://coinmarketcap.com/currencies/arbitrum/" target="_blank" rel="noopener noreferrer nofollow">$1.05</a>, down 1.26% over the last 24 hours. Let’s take a closer look at the price trends and market indicators.
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 A wallet linked with the <a href="https://twitter.com/hashtag/Arbitrum?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Arbitrum</a> team has deposit 20M <a href="https://twitter.com/search?q=%24ARB&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$ARB</a> worth $20.85M, into <a href="https://twitter.com/hashtag/Coinbase?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Coinbase</a> at an average price of $1.04. Over the past year, the wallet has sent a total of 250M <a href="https://twitter.com/search?q=%24ARB&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$ARB</a>, valued at $244.43M, into <a href="https://twitter.com/hashtag/Coinbase?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Coinbase</a>. Wallet: 0xd6c8a4e72584f24bd5517afed6c01d21477c17f6 <a href="https://t.co/GSXmRVgQJM" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/GSXmRVgQJM</a>— Onchain Lens (@OnchainLens) <a href="https://twitter.com/OnchainLens/status/1867470374168052020?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">December 13, 2024</a>
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The <a href="https://coinedition.com/arbitrum-arb-price-prediction/?utm_source=telegram_channel&amp;utm_medium=referral" rel="noopener noreferrer nofollow">ARB price</a> chart shows both bullish and bearish movements. First, …
The post <a href="https://coinedition.com/arb-bulls-aim-higher-as-bears-block-1-06-in-volume-driven-market/" rel="noopener noreferrer nofollow">ARB Bulls Aim Higher as Bears Block $1.06 in Volume-Driven Market</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

ARB Bulls Aim Higher as Bears Block $1.06 in Volume-Driven Market

Coin Edition

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