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  • ARB Price Prediction: ARB Price Trades Within a Descending Triangle?

Finance

ARB Price Prediction: ARB Price Trades Within a Descending Triangle?

06/17/2023
Bitcoin Ethereum News

ARB Price Prediction: ARB Price Trades Within a Descending Triangle?

  • 1
    ARB’s price is currently trading at $0.9455 with a 4.91% gain in the 24-hour trading volume.
  • 2
    ARB price is down by 17.05% over the last 24 hours.
  • 3
    As per price action a favorable reversal may be demonstrated in the chart in the near future.

ARB’s price recently saw a critical decline in value after breaking below the 100 EMA support level on the daily timeframe. The current candle stick pattern suggests the exhaustion of selling pressure in the market. It is currently making a descending triangle price pattern.

The price is making a lower-high and low-low pattern …

Source: https://www.thecoinrepublic.com/2023/06/16/arb-price-prediction-arb-price-trades-within-a-descending-triangle/

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