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Vladislav Hryniv
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šŸš€ According to AMBCrypto: $ARB Now Ready for a Mega Pump? AMBCrypto analyzed Santimentā€™s data to see what metrics had to suggest regarding a bull rally for ARB. We found that whale activity around the token remained high last week. Investorsā€™ confidence in ARB also increased, which was evident from the sharp rise in its total amount of holders. Additionally, the tokenā€™s MVRV ratio also improved, suggesting that ARB might indeed start a bull rally. However, its NVT ratio looked troublesome as it shot up. A rise in the metric indicates that an asset is overvalued, signaling a possible price correction.Ā  Though the NVT ratio hinted at a price drop, technical indicators continued to remain bullish on the token. An analysis of Arbitrumā€™s daily chart revealed that its Money Flow Index (MFI) went northward. The Chaikin Money Flow (CMF) also registered an uptick, indicating that the chances of a bull rally were high.Ā  At press time, $ARB is trading at: - $1.4247 on KuCoin exchange; - $1.4245 on WhiteBIT exchange; - $1.4248 on OKX echange #ArbitrumARB

šŸš€ According to AMBCrypto: $ARB Now Ready for a Mega Pump?

AMBCrypto analyzed Santimentā€™s data to see what metrics had to suggest regarding a bull rally for ARB. We found that whale activity around the token remained high last week.

Investorsā€™ confidence in ARB also increased, which was evident from the sharp rise in its total amount of holders.

Additionally, the tokenā€™s MVRV ratio also improved, suggesting that ARB might indeed start a bull rally. However, its NVT ratio looked troublesome as it shot up.

A rise in the metric indicates that an asset is overvalued, signaling a possible price correction.Ā 

Though the NVT ratio hinted at a price drop, technical indicators continued to remain bullish on the token. An analysis of Arbitrumā€™s daily chart revealed that its Money Flow Index (MFI) went northward.

The Chaikin Money Flow (CMF) also registered an uptick, indicating that the chances of a bull rally were high.Ā 

At press time, $ARB is trading at:

- $1.4247 on KuCoin exchange;

- $1.4245 on WhiteBIT exchange;

- $1.4248 on OKX echange

#ArbitrumARB

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content.Ā See T&Cs.
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