ARB Jumps 7.5% to $0.228, Extending Third Straight Week of Gains
- —ARB at $0.228: up 7.5% in 24 hours and 71.67% on the week
- —Daily volume 82.52% above the 30-day average
- —RSI at 75.1 points to extreme overbought territory
- —Token remains 97.93% below its all-time high of $11.05
Why it matters: The L2 token rally, fueled by $648M in short liquidations, may give way to a correction given overbought conditions.
Source: DiarioBitcoin