Markets· ★★· bearish·

ARB Falls 7.65% to $0.177 as Token Unlock Adds Supply Pressure

  • —ARB trades at $0.177, down 7.65% on the day
  • —Price sits below SMA-7, SMA-15 and SMA-30 but above SMA-50 at $0.173
  • —RSI at 44.7 and bearish MACD show no oversold signal
  • —Volume of $175.7 million is 43% below the 30-day average
Why it matters: The token unlock could add selling pressure; holding the $0.173 SMA-50 will be key for ARB's next move.
#ARB
Source: DiarioBitcoin
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