Arbitrum Price Analysis: Can Robinhood’s Involvement Boost Bullish Sentiment for $ARB Price Soon?
2025-07-04 05:40:39
Main Idea
Arbitrum (ARB) price outperformed other top-100 altcoins due to support from Robinhood Markets Inc., which announced a new web3 product developed on Arbitrum.
Key Points
1. Arbitrum (ARB) gained over 6% in the past 24 hours and over 20% in the past seven days, trading at $0.3412.
2. Robinhood Markets Inc. announced a new web3 product developed on Arbitrum, contributing to ARB's price surge.
3. Robinhood has a strong community of over 14 million retail investors, particularly in North America.
4. ARB price has established a robust support level around $0.2673 and shows bullish signals in technical indicators like MACD and RSI.
5. HOOD shares gained over 12% following the announcement, trading at $93.28.
Description
The post Arbitrum Price Analysis: Can Robinhood’s Involvement Boost Bullish Sentiment for $ARB Price Soon? appeared first on Coinpedia Fintech News Arbitrum (ARB) price was the best performing top-100 altcoins by market cap in the past 24 hours. The altcoin, which is used by one of the top layer Two (L2) networks for Ethereum (ETH), gained over 6 percent in the past 24 hours to trade about $0.3412 on Monday, June 30, during the mid-North American session. Consequently, the mid-cap altcoin, with ...
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