December 30, 2024 ARB – Arbitrum Daily Chart Analysis
Outlook
ARB current price is 0.7619 USDT and the current market cap is 26.260.917 USDT. This chart period started 210 days ago (04 June 2024) with a total of 107 days closing above the opening price and 103 days closing below the opening price. The lowest price was 0.4287 USDT on 05 August 2024, and the highest price was 1.24 USDT on 06 December 2024. The current price is 77.72% above the lowest price and 38.48% below the highest price.
Moving Average
Moving Averages (Closing Prices):
5-Day Moving Average: 0.75884
22-Day Moving Average: 0.8664681818
50-Day Moving Average: 0.866014
100-Day Moving Average: 0.713282
250-Day Moving Average: 0.7570512
500-Day Moving Average: 1.05
Moving Average Analysis
The current price is %0.40 higher than the 5-Day moving average and has been above it for 1 days.
The current price is %12.07 lower than the 22-Day moving average and has been below it for 13 days.
The current price is %12.02 lower than the 50-Day moving average and has been below it for 13 days.
The current price is %6.82 higher than the 100-Day moving average and has been above it for 40 days.
The current price is %0.64 higher than the 250-Day moving average and has been above it for 1 days.
The current price is %27.76 lower than the 500-Day moving average and has been below it for 22 days.
Trends
The longest uptrend in the 210 day period is 7 days. It started at 0.4733 USDT on 04 November 2024 and ended by increasing by 41.81% to 0.6712 USDT on 11 November 2024.
The longest downtrend is 7 days. It started at 0.7264 USDT on 26 July 2024 and ended by decreasing -16.93% to 0.6034 USDT on 02 August 2024.
Support & Resistance
This review was made for the last 7 days
Last 7 days support levels:
Support: 0.7372 USDT on 26-12-2024
Support: 0.734 USDT on 29-12-2024
Last 7 days resistance levels:
Resistance: 0.7831 USDT on 29-12-2024
The lowest support level is 0.734 USDT on 29-12-2024, and the highest resistance level is 0.7831 USDT on 29-12-2024. The percentage difference between these levels is approximately 6.7%.
Volume
The previous trading day’s volume (29-12-2024) 30,881,279.70 USDT. Highest volume in the last 210 days is 321,232,723.50 USDT on 05-08-2024. Lowest volume in the last 210 days is 12,099,103.80 USDT on 30-12-2024. Difference between highest and lowest volume is 2555.01%.
Volume Moving Averages
( Excluding Today)
5-day Moving Average Volume: 45,522,592.02 USDT
22-day Moving Average Volume: 103,147,410.07 USDT
50-day Moving Average Volume: 142,080,183.33 USDT
100-day Moving Average Volume: 104,676,046.23 USDT
250-day Moving Average Volume: 80,623,513.75 USDT
Volume Moving Averages Comparison
Volume of the previous trading day: 30,881,279.70 USDT
Previous day’s volume is 32.16% lower than the 5-day moving average.
Previous day’s volume is 70.06% lower than the 22-day moving average.
Previous day’s volume is 78.26% lower than the 50-day moving average.
Previous day’s volume is 70.50% lower than the 100-day moving average.
Previous day’s volume is 61.70% lower than the 250-day moving average.
Percentage Differences Between Moving Averages:
5-day moving average is -55.87% lower than the 22-day moving average.
22-day moving average is -27.40% lower than the 50-day moving average.
50-day moving average is 35.73% higher than the 100-day moving average.
100-day moving average is 29.83% higher than the 250-day moving average.
Volume Trend
The longest consecutive volume increase started on 17-08-2024 with a volume of 18,464,408.20 USDT and ended on 24-08-2024 with a volume of 69,988,707.50 USDT, lasting for 7 days and representing a 279.05% increase.
The longest consecutive volume decrease started on 24-06-2024 with a volume of 93,880,771.30 USDT and ended on 29-06-2024 with a volume of 23,531,310.40 USDT, lasting for 5 days and representing a 74.93% decrease.
Price Volume Coorelation
During the longest volume increasing period price increase from 0.5402 USDT to 0.6216 USDT, which represents a 15.07% change.
During the longest volume decreasing period price decrease from 0.8204 USDT to 0.7796 USDT, which represents a -4.97% change.
Strategy
There is no trend formation at the moment. We should wait until a trend forms.
ARB – Arbitrum
Legal Disclaimer: This Chart and The Accompanying Analyses Are Not Investment Advice.
