Will ARB Price Fall Below Its All Time Low?

6월 26일

Arbitrum has a market cap of $2.6 Billion and is ranked 33rd in the cryptoverse. The volume of the asset price has observed a drop of over 38% in the past 24 hours. ARB token price is currently trading near $0.82 with a drop of 1.29% in the intraday session.
ARB token price is currently forming weak consolidating candles on the daily chart. It is trading below the 50 and 100 Daily Moving Average. The upside trend of ARB can see a halt near the value of $1. Meanwhile, the support for the asset price can be seen near $0.75
The RSI of ARB is near 37 with a weak downside slope in it. The overall sentiment of the RSI is bearish in nature .