Arbitrum's ARB tops $0.20 as 24-hour gain readings diverge
- —ARB hit $0.2004 USDT on October 16 within a 24-hour range of $0.1712–$0.2016
- —24-hour gains were logged at 14.51% at 18:18 and 12.25% at 15:17 KST
- —RSI(14) stood at a neutral 53.3, while MACD was classified as bearish
- —CoinGecko's October 15 close was $0.195438; October 16 close data was not yet available
Why it matters: Divergent gain estimates and mixed technical signals leave no confirmation of a sustained ARB uptrend.
Source: TokenPost