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Complete deposit and trading tasks to receive random LOT airdrops. Exclusive Alpha trading task await!🎯 LOT Newcomer Limited-Time Airdrop is Live!
Individual users can earn up to 1,000 LOT — share from a total prize pool of 1,000,000 LOT!
🏃 Join now: https://www.gate.com/campaigns/1294
Complete deposit and trading tasks to receive random LOT airdrops. Exclusive Alpha trading task await!
[Coin World] Despite a 140% big pump at the end of 2024, Arbitrum (ARB) has been in a bearish downtrend since March 2024. The market structure shows a bearish trend on both the weekly and daily charts, with the RSI and OBV indicators highlighting significant selling pressure. Even with Bitcoin prices maintaining above $100,000, there has been a recent price fall of 28%. Key price levels to follow include the potential breakdown of the Fibonacci retracement level at $0.298, which could lead to further dips towards $0.18, with the demand zone located between $0.265 and $0.28. The article emphasizes that this is not financial advice, but rather an analysis of the current market conditions.