Arbitrum price has been facing bearish pressure in recent times showcasing downward momentum, below the key moving averages.
Over the last seven days, Arbitrum‘s performance has been unsatisfactory. On April 28, ARB was trading at approximately $1.12.
After the launch of Chapter 8 of Arbitrum Arcade, which allowed players on the Arbitrum network to access InfiniGods’ King Of Destiny game, ARB gained traction and rose to $1.68 on the same day.
However, the excitement surrounding this news died down, and ARB began to rebuild its growth. After trading at $0.98 on April 30, the news of Delabs Games announcing plans to develop Arbitrum helped ARB recover on May 1.
On May 5, ARB stabilized around $1.06. This price implies that ARB experienced a 5.36% decline in one week.
So, is ARB a good cryptocurrency to purchase, or will it continue to lose value? Experts predict that ARB will register marginal gains and close the month at US$1.08.
Analysts base this forecast on inve
We współpracy z: https://www.thecoinrepublic.com/2024/05/13/analysts-are-positive-on-arbitrum-will-arb-surpass-1/
