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Arbitrum forms a bullish pattern, but drop still likely – Here’s why Ambcrypto 08 paź 2024

Arbitrum forms a bullish pattern, but drop still likely – Here’s why 📉

Arbitrum is displaying a bullish pattern, but a decrease in value remains a possibility. Recent observations highlighted a significant drop in large transaction volumes, which fell from a weekly high of 342 million to 93 million.

This change in transaction volume is a key factor influencing the potential market movements of Arbitrum. Despite the formation of a bullish pattern, investors should exercise caution due to this decline in trading activity.

Źródło: ambcrypto.com ↗