Close Menu
Altcoin ObserverAltcoin Observer
  • Regulation
  • Bitcoin
  • Altcoins
  • Market
  • Analysis
  • DeFi
  • Security
  • Ethereum
Categories
  • Altcoins (1,264)
  • Analysis (1,457)
  • Bitcoin (2,035)
  • Blockchain (1,179)
  • DeFi (1,394)
  • Ethereum (1,398)
  • Event (54)
  • Exclusive Deep Dive (1)
  • Landscape Ads (2)
  • Market (1,438)
  • Press Releases (1)
  • Reddit (688)
  • Regulation (1,336)
  • Security (1,928)
  • Thought Leadership (2)
  • Videos (41)
Hand picked
  • The FTX reimbursements about to pour $ 5 billion on the market, how will Bitcoin and Ethereum react?
  • SafeMoon CEO Braden John Karony found guilty on all counts
  • Dry launches the DEFI round table to redo the regulation of cryptography
  • SCOOP 180M ADA whales like Etoro Délie – Next Pike Price?
  • The largest continental Europe bank explores retail offers Bitcoin, Bitcoin
We are social
  • Facebook
  • Twitter
  • Instagram
  • YouTube
Facebook X (Twitter) Instagram
  • About us
  • Disclaimer
  • Terms of service
  • Privacy policy
  • Contact us
Facebook X (Twitter) Instagram YouTube LinkedIn
Altcoin ObserverAltcoin Observer
  • Regulation
  • Bitcoin
  • Altcoins
  • Market
  • Analysis
  • DeFi
  • Security
  • Ethereum
Events
Altcoin ObserverAltcoin Observer
Home»Bitcoin»Arbitrum – AMBCrypto
Bitcoin

Arbitrum – AMBCrypto

September 12, 2024No Comments3 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
News Articles Fi Editors 2024 09 12t125331.419 1000x600.jpg
Share
Facebook Twitter LinkedIn Pinterest Email


  • Arbitrum hits new all-time low.
  • The Arbitrum token will be unlocked as the balance of addresses increases.

Arbitrum (ARB) was launched on March 23, 2023, with an initial price of around $0.50 on many major exchanges.

ARB hit an all-time high in early 2024, but has since fallen below its launch price, forming a potential double bottom on the daily time frame.

This double bottom has not yet confirmed a reversal since the ARB has not moved its medium-term high.

Source: TradingView

Despite this, many analysts believe that ARB may have bottomed out, especially with the historical trend of a bullish fourth quarter for the cryptocurrency market.

Technical indicators like the MACD have turned bullish, adding to the anticipation of a price rebound.

Total number of addresses with growing balance

From an on-chain perspective, Arbitrum has seen growth in the number of addresses holding ARB, despite the overall price decline since launch.

This increase highlights the continued adoption of Arbitrum’s Layer 2 solution based on the Ethereum blockchain, which aims to improve scalability and reduce transaction costs.

Source: IntoTheBlock

Arbitrum DAO, the network’s governance body, is considered a significant innovation, marking the first Ethereum Virtual Machine (EVM) deployment to achieve Stage 1 decentralization, further strengthening the project’s credibility in the crypto space.

Arbitrum Liquidation Levels

ARB price action has been driven by liquidation levels. Currently, there are 31 critical long liquidation levels versus 32 short liquidation levels, suggesting that market sentiment remains balanced.

This almost equal split of long and short liquidations implies that traders are unsure of the ARB’s next move, but optimism is slowly building.

This neutral sentiment reflects general market conditions, as most cryptocurrencies are declining with many investors liquidating their positions.

Source: Hyblock Capital

Next ARB Token Unlock This Month

In five days, Arbitrum will unlock 2.65% of its current circulating supply. This is equivalent to approximately 92 million ARB tokens. The tokens will be distributed to team members, future contributors, and investors.

These events can affect short-term price movements. It is important to consider them in the context of Arbitrum’s long-term fundamentals. Market sentiment will also play a key role in price movements.

Source: Token Unlock


Realistic or not, here is ARB’s market cap in terms of BTC


ARB’s stock price was $0.51 and its market cap was $1.8 billion. This suggests room for growth if the overall cryptocurrency market recovers.

Investors are closely monitoring ARB’s technical and on-chain indicators. The token could see a price increase if market conditions improve. A crypto bull market in the coming months could significantly increase ARB’s value.

Next: Is Terra Classic (LUNC) About to Break the 567% Barrier?



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleTrader Michaël van de Poppe Says Rival Ethereum Will Surge Over 200% in Months, Updates Bitcoin Outlook
Next Article What does this mean for ETH?

Related Posts

Bitcoin

Dry launches the DEFI round table to redo the regulation of cryptography

May 29, 2025
Bitcoin

Price prediction of undulation: investors are looking for an alternative path for financial freedom as XRP and Coldware Eye $ 3

May 29, 2025
Bitcoin

Brian Quintenz reveals crypto links while CFTC Exodus continues

May 29, 2025
Add A Comment
Leave A Reply Cancel Reply

Single Page Post
Share
  • Facebook
  • Twitter
  • Instagram
  • YouTube
Featured Content
Event

Crypto Vision Conference 2025: A Breakthrough Day for Web3 in the Philippines

May 29, 2025

Makati City, Philippines — April 26, 2025 — The AIM Conference Center was a hub…

Thought Leadership

The Future of Organizations – Jason Fernandes, Co-Founder AdLunam Talks DAOs & Web3

May 28, 2025

In the latest episode of Token Money Magnet, we dive deep into the world of…

1 2 3 … 48 Next
  • Facebook
  • Twitter
  • Instagram
  • YouTube

SCOOP 180M ADA whales like Etoro Délie – Next Pike Price?

May 29, 2025

UNISWAP broke out with a rally of 17% – but the climb of the UNI is not what seems

May 29, 2025

The Thailand regulator issues clear rules for the emission of G-Takens

May 29, 2025
Facebook X (Twitter) Instagram LinkedIn
  • About us
  • Disclaimer
  • Terms of service
  • Privacy policy
  • Contact us
© 2025 Altcoin Observer. all rights reserved by Tech Team.

Type above and press Enter to search. Press Esc to cancel.

bitcoin
Bitcoin (BTC) $ 105,909.38
ethereum
Ethereum (ETH) $ 2,650.83
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.26
bnb
BNB (BNB) $ 674.74
solana
Solana (SOL) $ 166.79
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.216623
cardano
Cardano (ADA) $ 0.727774
tron
TRON (TRX) $ 0.275587