The post Altcoins Experience Massive Correction! ARB Price On A Path To Record New Low Soon? appeared first on Coinpedia Fintech News
The crypto market displays massive price volatility as top altcoins continue to record constant fluctuations in their respective portfolios. Further, the Arbitrum price has experienced a correction of over 10% within the past 24 hours, making it one of the top losers of the day.
The ARB coin price traded in a closed range between $1.0380 and $1.2036 for a brief period, following which the bulls gained momentum, and the price broke out of the range. The rally was short-lived as the Arbitrum token faced rejection at $1.4195 after recording a jump of 29.05%.
TradingView: ARB/USDT
The price traded sideways for a while, indicating weak buying and selling pressure for the coin. Following this, the ARB token displayed significant price volatility in the chart for about a week.
The year 2024 started positively, as the price jumped over 35% in value within the fi
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