The bullish crossover in ARB’s Moving Average Convergence Divergence (MACD) setup reinforces the positive market sentiment. Currently, the MACD line sits above the signal line, reflecting sustained buy-side pressure.
Since August 9, the MACD histogram has shown consistent growth, with expanding green bars pointing to increasing upward momentum.
This pattern suggests the uptrend is gaining traction, with more traders entering long positions, potentially driving further price gains.
Since August 9, the MACD histogram has shown consistent growth, with expanding green bars pointing to increasing upward momentum.
This pattern suggests the uptrend is gaining traction, with more traders entering long positions, potentially driving further price gains.
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Truly Unbiased Cryptocurrency News beincrypto.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.