ARB is currently trading within a cup and handle formation, a bullish pattern often signaling potential price increase. Historically, this pattern indicates that the asset could experience a significant uptrend. With current indicators, investors remain optimistic about the possibility of ARB recovering its momentum.
ARB’s crucial demand zone lies between 0.74 USD and 0.659 USD, where 13,200 addresses hold 320,000 ARB in the money. This zone is expected to provide robust support as ARB navigates market dynamics. Analysts are observing whale activities, contributing to mixed market sentiment and influencing potential price rallies.