BOSS Wallet data source, Arbitrum latest price news, ARB real-time price rose 3.64% to $0.7262, transaction volume $491 million
From the analysis of the K-line chart, it can be seen that it is now in an upward trend. It has risen significantly compared to 16:00, rebounded compared to 15:00, and broke through the high point of 11:00. The simultaneous rise in price and trading volume usually points to strong buying support in the market.
Buyers are trading heavily at higher price levels, indicating that market sentiment is optimistic and bullish. Against this backdrop, prices are likely to continue to rise in the future as the market's momentum remains strong and buying continues to pour in.
Investors should focus on the breakthrough of key resistance levels. If the price can continue to break through and stabilize at a higher level, it indicates the continuation of the upward trend. The upward trend is obvious, and both trading volume and price are rising. According to the Williams indicator, it is now overbought.
Trading volume has increased recently, with more trading volume than in previous hours, and both price and volume rising at the same time: trading is active and the upward momentum is strong.
The market is bullish and the upward trend is obvious. You can consider increasing your investment appropriately, but you need to pay attention to key resistance levels.
The above content is for reference only and does not constitute investment advice.