ARB trades near $0.187 on volume 50% below average ahead of 92.65M token unlock
- —Price at $0.187376, up 0.07% from the open but below SMA 5, 7, 10, 15, 20 and 30
- —Daily volume of $154.6M is 49.76% below the 30-day average of $307.7M
- —RSI at 49.1 is neutral; MACD histogram at -0.0034 keeps a bearish bias
- —A 92.65M ARB unlock is expected on October 16; price impact is unconfirmed
Why it matters: The 92.65M ARB unlock could add sell pressure amid thin volume, though its effect on price remains unconfirmed.
Source: DiarioBitcoin