ARbit (ARB) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Friday, the crypto has advanced 29.77% to $0.00255525659.
InvestorsObserver is giving ARbit a 87 Volatility Rank. Find out what this means to you and get the rest of the rankings on ARbit!
Highly Volatile
InvestorsObserver gives ARbit a high volatility rank of 87, placing it in the top 13% of cryptos on the market.The Volatility Gauge analyzes which means that one day won't define its volatility rank - a trend will. ARB's high volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively wide price swings and is well protected from price manipulation.
ARbit price is trading near resistance. With support near $0.00139323573678565 and resistance around $0.00256524896833879. This leaves ARbit with potential selling pressures ahead as it may be getting over extended.