ARB

Arbitrum (ARB) is currently trading between 71 and 90 cents. The token faces resistance at $1.01 and support at 63 cents. Despite a drop of about 3% last week and a sharp drop of 30% this month, the MACD shows potential for an upside.  

The 10-day moving average is above the 100-day moving average, indicating a possible rebound. If bulls take the lead, ARB could break through the $1.01 resistance level with a target of $1.20, a possible increase of 35%. However, to avoid a drop below 63 cents, strong support is crucial. The next few days will be crucial for the direction of ARB.

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