The post Is $0.20 the Next Accumulation Zone? appeared on BitcoinEthereumNews.com. Key Insights: Arbitrum trades near $0.26, down 89% from highs, testing $0.20–$0.30 support range. Futures open interest drops to $118M, reflecting reduced speculation and cautious positioning. RSI nears oversold while MACD flattens, showing weakening downside momentum in the current zone. Arbitrum Crashes 89%: Is $0.20 the Next Accumulation Zone? Arbitrum (ARB) was now trading at $0.2662, down over 5% in the past 24 hours and nearly 18.5% in the last week. The token has fallen about 89% from its all-time high of $2.10, reached in early 2024. It continues to move within a long-term downtrend, with lower highs forming beneath a descending trendline. Current price levels place ARB in the $0.20–$0.30 range, which has acted as support throughout 2025. The zone has seen frequent rebounds over the past several months, suggesting that buyers may be stepping in again. Recent price candles have closed just above $0.25, showing some defense near this area. RSI and MACD Indicate Weak Momentum The daily chart shows the Relative Strength Index (RSI) at 33.52, just above the oversold level. This reading suggests that momentum is low, though not yet at extremes. RSI is still below its signal line, meaning pressure remains on the downside, but traders may be watching for signs of reversal. The MACD remains in negative territory. The MACD line is slightly below the signal line, and the histogram is flat. While there’s no sign of a reversal yet, a slowing decline could point to weakening momentum. A crossover would be needed to shift the current trend. Source: TradingView Futures Open Interest Drops to $118M Data from Coinglass shows that ARB futures open interest now stands at $118.41 million, far below the peak of over $400 million in late 2023. The decline in both price and open interest points to reduced market activity.… The post Is $0.20 the Next Accumulation Zone? appeared on BitcoinEthereumNews.com. Key Insights: Arbitrum trades near $0.26, down 89% from highs, testing $0.20–$0.30 support range. Futures open interest drops to $118M, reflecting reduced speculation and cautious positioning. RSI nears oversold while MACD flattens, showing weakening downside momentum in the current zone. Arbitrum Crashes 89%: Is $0.20 the Next Accumulation Zone? Arbitrum (ARB) was now trading at $0.2662, down over 5% in the past 24 hours and nearly 18.5% in the last week. The token has fallen about 89% from its all-time high of $2.10, reached in early 2024. It continues to move within a long-term downtrend, with lower highs forming beneath a descending trendline. Current price levels place ARB in the $0.20–$0.30 range, which has acted as support throughout 2025. The zone has seen frequent rebounds over the past several months, suggesting that buyers may be stepping in again. Recent price candles have closed just above $0.25, showing some defense near this area. RSI and MACD Indicate Weak Momentum The daily chart shows the Relative Strength Index (RSI) at 33.52, just above the oversold level. This reading suggests that momentum is low, though not yet at extremes. RSI is still below its signal line, meaning pressure remains on the downside, but traders may be watching for signs of reversal. The MACD remains in negative territory. The MACD line is slightly below the signal line, and the histogram is flat. While there’s no sign of a reversal yet, a slowing decline could point to weakening momentum. A crossover would be needed to shift the current trend. Source: TradingView Futures Open Interest Drops to $118M Data from Coinglass shows that ARB futures open interest now stands at $118.41 million, far below the peak of over $400 million in late 2023. The decline in both price and open interest points to reduced market activity.…

Is $0.20 the Next Accumulation Zone?

2025/11/04 23:40

Key Insights:

  • Arbitrum trades near $0.26, down 89% from highs, testing $0.20–$0.30 support range.
  • Futures open interest drops to $118M, reflecting reduced speculation and cautious positioning.
  • RSI nears oversold while MACD flattens, showing weakening downside momentum in the current zone.
Arbitrum Crashes 89%: Is $0.20 the Next Accumulation Zone?

Arbitrum (ARB) was now trading at $0.2662, down over 5% in the past 24 hours and nearly 18.5% in the last week. The token has fallen about 89% from its all-time high of $2.10, reached in early 2024. It continues to move within a long-term downtrend, with lower highs forming beneath a descending trendline.

Current price levels place ARB in the $0.20–$0.30 range, which has acted as support throughout 2025. The zone has seen frequent rebounds over the past several months, suggesting that buyers may be stepping in again. Recent price candles have closed just above $0.25, showing some defense near this area.

RSI and MACD Indicate Weak Momentum

The daily chart shows the Relative Strength Index (RSI) at 33.52, just above the oversold level. This reading suggests that momentum is low, though not yet at extremes. RSI is still below its signal line, meaning pressure remains on the downside, but traders may be watching for signs of reversal.

The MACD remains in negative territory. The MACD line is slightly below the signal line, and the histogram is flat. While there’s no sign of a reversal yet, a slowing decline could point to weakening momentum. A crossover would be needed to shift the current trend.

Source: TradingView

Futures Open Interest Drops to $118M

Data from Coinglass shows that ARB futures open interest now stands at $118.41 million, far below the peak of over $400 million in late 2023. The decline in both price and open interest points to reduced market activity. Traders appear cautious, with fewer large speculative positions being held.

Source:Coinglass

Some suggest this may reflect early signs of accumulation, but not all are convinced. “There could be accumulation here, but the drop in open interest also shows hesitation,” said one trader.

Next Levels to Watch

If ARB finds support near current levels, the next key resistance levels are around $0.58, $1.20, and the previous high at $2.10. These areas have previously stopped rallies and may again act as barriers.

At press time, the price was holding just above the lower edge of the $0.20–$0.30 range. A clean break below may open the way for further losses, while stability in this zone could mark the start of a base forming.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Source: https://coincu.com/uncategorized/arbitrum-crashes-89-is-0-20-the-next/

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Critical Victory: US Senate Passes Temporary Budget Bill Ending Government Shutdown Crisis

Critical Victory: US Senate Passes Temporary Budget Bill Ending Government Shutdown Crisis

BitcoinWorld Critical Victory: US Senate Passes Temporary Budget Bill Ending Government Shutdown Crisis In a crucial political breakthrough, the US Senate has approved a temporary budget bill that resolves the looming government shutdown crisis. This decisive action brings relief to millions of Americans and federal workers who faced uncertainty about government operations and services. What Does the Temporary Budget Bill Accomplish? The newly passed temporary budget bill provides essential government funding through January, ensuring continuous operation of federal agencies and services. This stopgap measure passed with a solid 60-40 vote margin, demonstrating bipartisan support for keeping the government functioning. Following the bill’s approval, President Donald Trump expressed optimism about the shutdown ending soon. The temporary budget bill represents a practical solution that allows more time for comprehensive budget negotiations while preventing immediate disruption to government services. Why Was This Temporary Budget Bill Necessary? Government shutdowns create widespread consequences that affect: Federal employee pay and benefits Essential public services National park operations Economic stability and market confidence The temporary budget bill serves as a bridge solution, providing lawmakers additional time to reach consensus on longer-term funding arrangements. This approach prevents the damaging effects of a full government shutdown while maintaining critical operations. How Does the Political Process Unfold From Here? With the temporary budget bill now passed, attention shifts to the House of Representatives and presidential approval. The legislative process requires both chambers to agree on identical versions before the bill reaches the President’s desk for signature. This temporary budget bill success follows reports of senators reaching partial agreements earlier in the week. The 60-40 vote margin indicates significant cross-party cooperation, suggesting growing consensus around the urgency of avoiding a government shutdown. What Are the Immediate Impacts of This Decision? The passage of this temporary budget bill brings several immediate benefits: Federal workers can continue their duties without interruption Government services remain accessible to citizens Economic uncertainty decreases International confidence in US stability strengthens Moreover, the temporary budget bill creates a stable environment for businesses and individuals who rely on consistent government operations. This stability is crucial for maintaining economic momentum and public confidence. Looking Ahead: What Comes After This Temporary Budget Bill? While this temporary budget bill resolves the immediate crisis, it sets the stage for more comprehensive budget negotiations in the coming months. Lawmakers now have until January to develop a longer-term funding solution that addresses broader fiscal priorities. The successful passage of this temporary budget bill demonstrates that bipartisan cooperation remains possible in challenging political environments. It serves as a model for future negotiations and highlights the importance of pragmatic solutions over ideological standoffs. Frequently Asked Questions What is a temporary budget bill? A temporary budget bill, often called a continuing resolution, provides short-term funding to keep government operations running when full-year budgets aren’t approved by the deadline. How long does this temporary budget bill last? This specific temporary budget bill funds the government through January, giving lawmakers several months to negotiate a more comprehensive budget agreement. What happens if a temporary budget bill isn’t passed? Without a temporary budget bill or full budget approval, the government would partially shut down, furloughing non-essential workers and suspending many services. Can the temporary budget bill be extended? Yes, temporary budget bills can be extended if lawmakers need additional time to reach agreement on longer-term funding solutions. What services continue during temporary budget periods? Essential services like national security, air traffic control, and law enforcement continue, while non-essential services may operate with reduced staffing. How does this affect federal employees? Federal employees continue working and receiving pay during temporary budget bill periods, avoiding the uncertainty of potential furloughs. Found this analysis helpful? Share this article with others who need to understand how the temporary budget bill affects our government and economy. Your shares help spread accurate information about important political developments. To learn more about how government decisions impact financial markets, explore our article on key developments shaping economic policy and market reactions. This post Critical Victory: US Senate Passes Temporary Budget Bill Ending Government Shutdown Crisis first appeared on BitcoinWorld.
Share
Coinstats2025/11/10 12:10