Attention Arbitrum (ARB) investors: Breath held!

Arbitrum (ARB), which saw a huge sale with the retreat in Bitcoin, caused panic by reaching the lowest level of the last six months.

Arbitrum (ARB), which saw a huge sale with the retreat in Bitcoin, caused panic by reaching the lowest level of the last six months.

Bitcoin, which has been turbulent in recent days, continues to deal a blow to altcoins. Especially the decline in some parities did not go unnoticed. Arbitrum, which has a significant place in the Turkish crypto ecosystem, is one of the leading projects. The popular coin, which is followed with curiosity by influencers and investors, has approached the bottom level of the last six months with its short-term decline. So will the decline in ARB continue? What level for ARB?

With the decline of Bitcoin (BTC), Arbitrum (ARB), which dropped to $ 0.85, worried both its ecosystem and investors. The popular coin, which has been hovering near the bottom levels of the last six months, continues to pose danger. ARB, which has difficulty exceeding $ 1.2338 in a short time period, may retreat to the range of $ 0.80 - $ 0.73 if it cannot hold at $ 0.99. If this area is lost, it is highly likely that there will be a huge selling pressure on the parity.

Bitcoin’in 70.000 dolar üzerinde günlük kapanış yapması, BTC dominansının düşüşü, jeopolitik gerilimin durulması veya Katman-2 trendinin gelmesi halinde Arbitrum’dan beklentiler artacaktır. Böyle bir senaryoda ARB yatırımcılarının direnç olarak takip etmesi gereken noktalar sırasıyla 1,23 – 1,45 – 1,70 -1,80 – 2,10 ve 2,43 dolar.

According to Google Trens data, there is a huge decrease in searches for the word Arbitrum. Arbitrum research, which reached 100 Google Trends points on March 13, dropped to 27 as the parity started to decline. This development, which was reflected in social metrics with the recent decline of ARB, did not go unnoticed. In order to observe a possible ARB bull, attention should be paid to this metric being above 50.

$BTC $ARB