BOSS Wallet data source, Arbitrum real-time price quotes, ARB's latest price today is $0.6079, up 3.02%, and the transaction volume is $212 million
By observing the K-line chart, it is currently in a downward trend. It has risen significantly compared to 15:00 and has fallen compared to 08:00. When prices and trading volumes rise at the same time, it usually means that the market is strong in buying. Buyers are actively trading at higher prices, reflecting optimistic market sentiment.
In this case, the price may continue to rise, and the momentum is strong. Investors should pay attention to the breakthrough of key resistance levels. If the price continues to rise and stabilizes, it means that the upward trend will continue. In a downward trend, the trading volume increases and the market is hot.
Williams indicator shows that it is not overbought or oversold. The trading volume has increased recently, and the trading volume has increased compared with the previous few hours. The price and trading volume have risen at the same time: the trading is active and the upward momentum is strong.
The market buying is strong and the upward trend continues. It is recommended to continue holding and pay attention to the key resistance level.
The above content is for reference only and does not constitute investment advice.