Spot

Daily

Coin

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<ul>
 <li><strong>Rising Response:</strong> ARB shows a buying response from the $0.9845 support level; long-term spot investments can be considered if a decline occurs in the range of $0.8974 – $0.8535.</li>
 <li><strong>Downtrend:</strong> ARB may continue its downward trend unless it closes daily above $1.20. Coinotag Analysts recommend the support range of $0.8974 – $0.8535 for long-term purchases.</li>
 <li><strong>Targets and Risks:</strong> If ARB rises from the support, it may set targets at $1.20 and $1.35. However, closures below the support level can strengthen the downtrend. It is important to pay attention to closures below the $0.85 support.</li>
</ul>
<p><strong>ARB is showing an upward movement with a buying response from support levels. The specified support range is crucial in the event of a decline for long-term investments. However, the downtrend may persist unless there is a closing above $1.20.</strong></p>
<h2 id="strong-medium-term-arb-analysis-strong"><strong>MEDIUM-TERM ARB ANALYSIS</strong></h2>
<figure id="attachment_131237" aria-describedby="caption-attachment-131237" style="width: 100%" class="wp-caption alignnone"><a href="https://i0.wp.com/en.coinotag.com/wp-content/uploads/2023/11/arb-usdt-1d-scaled.webp?quality=70&amp;ssl=1" rel="noopener noreferrer nofollow"><img loading="lazy" decoding="async" class=" td-modal-image wp-image-131237 size-full" src="https://i0.wp.com/en.coinotag.com/wp-content/uploads/2023/11/arb-usdt-1d-scaled.webp?resize=696%2C334&amp;quality=70&amp;ssl=1" alt="Daily ARB/USD Price Chart" width="696" height="334" srcset="https://i0.wp.com/en.coinotag.com/wp-content/uploads/2023/11/arb-usdt-1d-scaled.webp?w=2560&amp;quality=70&amp;ssl=1 2560w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2023/11/arb-usdt-1d-scaled.webp?resize=300%2C144&amp;quality=70&amp;ssl=1 300w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2023/11/arb-usdt-1d-scaled.webp?resize=1024%2C492&amp;quality=70&amp;ssl=1 1024w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2023/11/arb-usdt-1d-scaled.webp?resize=768%2C369&amp;quality=70&amp;ssl=1 768w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2023/11/arb-usdt-1d-scaled.webp?resize=1536%2C738&amp;quality=70&amp;ssl=1 1536w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2023/11/arb-usdt-1d-scaled.webp?resize=2048%2C984&amp;quality=70&amp;ssl=1 2048w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2023/11/arb-usdt-1d-scaled.webp?resize=150%2C72&amp;quality=70&amp;ssl=1 150w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2023/11/arb-usdt-1d-scaled.webp?resize=696%2C335&amp;quality=70&amp;ssl=1 696w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2023/11/arb-usdt-1d-scaled.webp?resize=1068%2C513&amp;quality=70&amp;ssl=1 1068w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2023/11/arb-usdt-1d-scaled.webp?resize=1920%2C923&amp;quality=70&amp;ssl=1 1920w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2023/11/arb-usdt-1d-scaled.webp?w=1392&amp;quality=70&amp;ssl=1 1392w" sizes="(max-width: 696px) 100vw, 696px" data-recalc-dims="1"></a>
 <figcaption id="caption-attachment-131237" class="wp-caption-text">
  Daily ARB/USD Price Chart
 </figcaption>
</figure>
<p>When examining the daily technical chart of ARB, it is observed that it is attempting to rise with a buying response from the significant support zone at the $0.9845 level. In the event of a decline to the specified range of <strong>$0.8974 – $0.8535</strong>, long-term spot investments may be considered according to the analysis.</p>
<p>If ARB price fails to close daily above the $1.20 level, it is inclined to continue the downtrend towards the support range of $0.8974 – $0.8535. Therefore, Coinotag Analysts indicate that the support range of $0.8974 – $0.8535 is more favorable for long-term spot purchases.</p>
<p>If ARB coin initiates an upward movement from the specified support range, it may aim to reach targets of $1.20 and then <strong>$1.35</strong>. However, if it closes below the specified support level, it could sustain the downtrend. Hence, investors should pay attention to closures below the <strong>$0.85</strong> support.</p>
<p>Coinotag Analysts mention that they will update the analysis if there are closures below the specified support region.</p>
<p>The post <a rel="noopener noreferrer nofollow" href="https://en.coinotag.com/is-arb-coin-in-a-suitable-zone-for-spot-investments-updated-arb-analysis/">Is ARB Coin in a Suitable Zone for Spot Investments? Updated ARB Analysis</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://en.coinotag.com">COINOTAG NEWS</a>.</p>
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Is ARB Coin in a Suitable Zone for Spot Investments? Updated ARB Analysis

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