ARB Price Drops Amid Selling Pressure, Consolidation Expected
Arbitrum's (ARB) price has dropped by 8.39% to $0.1311, making it one of the steepest movers among major cryptocurrencies.
The asset is currently trading below its short- and medium-term moving averages but remains above longer-term trend support.
Despite this downward trend, Arbitrum's ecosystem continues to grow, with Robinhood Chain generating up to $1.92 million in daily fees and contributing over $1 million to DAO revenue since July 2026.
The asset is expected to consolidate within the $0.1173 to $0.1449 range over the next two to three trading days, reflecting recent volatility.