Over the last month, ARB declined by 19.42%. Currently, 89% of holders face losses, prompting long-term exits. The NVT Ratio hit 201, reflecting less active users amid bearish conditions. The analysis indicates potential further price drops, suggesting ARB could reach 0.56 USD amidst ongoing market challenges.
Despite a potential price drop, the negative MVRV ratio of -5.01 suggests holders are capitulating, possibly indicating a reversal opportunity. If a rebound occurs, ARB might reclaim a price of 0.74 USD, signaling hope amidst current market fears.