If this pattern plays out, $ARB could be set for a decent 50% price increase
, a promising blockchain scaling solution, is projected to witness a significant 40% surge in value, according to the Binance listings pattern. This model examines the performance of assets listed on Binance that have obtained their own perpetual futures contracts.
Historically, these assets have tended to bottom out a few days after launch, followed by a rally of approximately 50% into the second week. As of now, Arbitrum is trading at $1.2. Since March 28, the ARB token has experienced a 15% increase in value, bringing it closer to its initial listing high. The launch of Arbitrum saw the price plummet from around $5 to $1 in a matter of minutes, followed by a successful rebound. Additionally, the majority of users were unable to claim their tokens for several hours.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Real Reason Why Arbitrum (ARB) Outpacing Other Ethereum L2s RevealedArbitrum is leveraging its new wealth creation potential to sustain positive outlook over competitors
Read more »
Formula Equal: Inside the plans to launch a '50% male, 50% female' F1 team | CNNFor the past four years, Craig Pollock has been secretly laying the groundwork for a new Formula One team unlike any other already on the paddock. Now he's ready share his plans with the world.
Read more »
Harleysville man completes 50 marathons in all 50 statesFrom the mountains of Montana to the deserts of Arizona, marathon runner Keith Tindall accomplished a goal he set out to accomplish decades ago.
Read more »
GBP/USD Price Analysis: Extends bounce off 50-SMA towards 1.2330 support-turned-resistanceGBP/USD Price Analysis: Extends bounce off 50-SMA towards 1.2330 support-turned-resistance GBPUSD Technical Analysis TrendFollowing ChartPatterns Currencies
Read more »
USD/CAD Price Analysis: 50-EMA prods bears at three-week lowUSD/CAD bears struggle to keep the reins during early Wednesday as the 50-day Exponential Moving Average (EMA) probes the Loonie pair’s two-day downtr
Read more »
ARB price to $2? Ethereum L2 rival Arbitrum will double in April, fractal suggestsARB's price trajectory looks similar to MATIC after its market debut. MATIC rose 1,350% after facing a brutal selloff in its early days of trading.
Read more »