Arbitrum (ARB) price fell 2.07% to $0.5483, indicating a brief pause in its uptrend. The token’s technical indicators show a temporary loss of momentum, with the RSI (14) dropping to 44.50 and the MACD (12, 26) indicating a bearish crossover. Key support levels to watch are $0.50, $0.45, and $0.40.
On the other hand, ConstitutionDAO (PEOPLE) is holding steady, up 0.16% to $0.07445. Its technical indicators point to consolidation, with the RSI (14) at 53.20 and the MACD (12, 26) neutral. This stability could pave the way for a potential breakout.
EigenLayer (EIGEN) was the standout performer, surging 5.76% to $3.73. The token’s RSI (14) reached 68.50, signaling moderate buying pressure. With its strong momentum, EIGEN’s short-term target is $4.20.
Exit strategy and short-term goals:
Consider the following levels for a potential retracement:
- ARB: $0.60 (short term target), $0.50 (support)
- PEOPLE: $0.085 (short term target), $0.065 (support)
- EIGEN: $4.20 (short term target), $3.40 (support)
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