ARB Gains 2.74% as Zero MACD Histogram Limits Confirmation

Arbitrum (ARB) gained 2.74% over 24 hours to $0.18 on Binance spot, but a zero MACD histogram and declining futures open interest limited confirmation of the move. ARB traded at the bottom of its $0.18–$0.19 range, with spot volume at approximately $9.3 million. The token remained below its seven-day simple moving average, 12-period exponential moving average and 26-period exponential moving average, each near $0.19. The 20-day simple moving average stood at $0.21, while the 50-day and 200-day averages were $0.16 and $0.11, respectively. The 14-period relative strength index was 48.03, indicating a broadly neutral reading.

Source: TokenPost