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Arbitrum crypto price chart exhibits a strong short and long term outlook.
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ARB crypto currently was at $2.314 with a collective weekly gain of over 18%.
Arbitrum crypto is a mixed bag in today’s session. The price registered moderate gains in the morning. However, it edged lower in the afternoon session, drifting some portion of the gains received in the morning.
Moreover, the price hovers back and forth on a four-hour time frame thus showcasing a consolidation phase. The 50-Day EMA on the four-hour chart seems to be acting as a support and pushing the price higher.
Earlier, the Arbitrum price traded strongly on the daily chart, except for the past couple of sessions. In the recent sessions, the ARB crypto price noted a back to back three sessions in red, thereafter recovering in the past 2 sessions.
Source: CoinMarketCap
Arbitrum Crypto Price Technical Analysis
The analysis of the daily chart gives a strong positive outlook. The bulls are d
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