The Arbitrum team this week announced a collaboration with Gomble Games. This is a Korean game studio with 100 million unique users.
Gomble Games, in turn, announced the launch of the Web3 game “Treasure Hunt” on June 17 on the#Arbitrumnetwork.
Of course, news of this caliber did not affect the#ARBrate. But in general, the asset has been ready for a reversal and growth since the beginning of May. The growth impulse in the twentieth of May ran into resistance in the form of the EMA of the 50-week TF. After which the price, during the general correction of altcoins, once again, for the third time, came to global upward trend support since October 2023.
As long as the price is above this trend and above the volume level of $0.8992, you can wait for a second attempt at a reversal. At which very important resistance is the volume level of $1.1689 and, of course, the EMA 50 of the weekly TF.
