3 Undervalued Cryptos to Buy On the Dip in May 2023
The search for undervalued cryptos is on, and these are three of the best options for long-term investors seeking diversification.
Keep up with what's happening in the crypto world in real-time.
The search for undervalued cryptos is on, and these are three of the best options for long-term investors seeking diversification.
Arbitrum price analysis reveals that the ARB/USD depreciated to $1.18 after a bearish run. The coin has lost 5.72% in the last 24 hours as the bearish momentum continues.
Gas usage on Arbitrum dApps increased materially as interest in the protocol surged. Optimism failed to keep up with Arbitrum's growth.
The crypto market has always been a roller coaster ride, and the recent dip in the price of Arbitrum (ARB) tokens is no different. The bullish run that had taken the price of the ARB token up to $1.36 soon met with resistance, causing it to retrace to a 24-hour low of $1.31.
Arbitrum price analysis reveals the ARB token is trading in a falling wedge pattern following bloodshed witnessed in various altcoins across the cryptocurrency market. The Arbitrum token's price has fluctuated between $1.24 to $1.36 in the past 24 hours.
Bitcoin and Ethereum have been the stars of the cryptocurrency market for years, but the landscape is constantly changing with the rise of new players like Sui Network. Altcoin Sherpa, a popular crypto strategist, has been keeping an eye on the market and has some interesting insights to share.
The global economy remains unstable, and rising costs have prompted many to consider Bitcoin as an investment option. However, before jumping on the bandwagon, it's critical to consider what Altcoin Sherpa, a well-known cryptocurrency expert, has to say.
DEUS gets exploited by hackers yet again. Massive amounts of funds get stolen from Arbitrum and BNB chain.
A popular crypto strategist is updating his outlook on Bitcoin (BTC) and one Ethereum (ETH) rival as he warns memecoins are likely to collapse. Pseudonymous analyst Altcoin Sherpa tells his 195,100 Twitter followers that Bitcoin continues to lack a clear upward or downward trend and remains trading sideways.
Ethereum's layer-2 blockchain Arbitrum is facing a pivotal moment: will it break out of the descending triangle (in the 4-hour chart) or will it see an even deeper correction in the coming days. As NewsBTC reported, Arbitrum's on-chain data remains extremely strong and could signal an end to the downtrend.
The Arbitrum price analysis indicates a positive trend in the market with an increasing momentum. The bulls have regained control over the market and the price has moved upwards.
Arbitrum observes a high user retention rate on its protocol as overall ETH savings increase. However, code commits and active developers on the protocol decline massively.
Today's Arbitrum price analysis is bearish as the altcoin's price has been fluctuating between $1.31 to $1.36. The ARB token has been unable to break above the EMA200 (1.40) and is now heading toward its support level at $1.25.
Chronos set a new TVL milestone just seven days after its launch on the Arbitrum blockchain as DEXs draw traders amid regulatory uncertainty in the United States.
The recent Arbitrum price surge can be attributed to large investors HODLing firm on their bullish positions. Will ARB scale the $1.40 resistance?
Arbitrum price analysis reveals ARB cryptocurrency has been trending downwards in the past 24 hours, breaking below the MA200 at $1.33 and descending to $1.30 per token. The bears have been dominating the market, dropping the prices of ARB from an intra-day high of $1.36 to a low of $1.30.
If the Artbitrum (ARB) price falls below this level, it could catalyze a sharp fall to $1.
K33 Research excludes three altcoins from its quality index based on unpredictable price drivers.
The crypto market has been a rollercoaster ride for investors lately, with prices fluctuating wildly in a matter of hours. Arbitrum (ARB) was no exception, as the bear power fizzled out and bulls eye a potential reversal.
The Arbitrum (ARB) price has retraced in line with the market-wide correction over the past few days, falling close to a critical support level. In the current environment, altcoins in general continue to show weakness across the board.
Axelar partered with Cosmos-based project Sommelier to expand its DeFi vaults to Ethereum Layer 2 network Arbitrum One.
Arbitrums' overall activity surges as GMX dominates the perpetual contracts market. However, ARB token's price continues to fall.
Ethereum network fees have experienced a significant upswing following the implementation of the Shapella upgrade on April 12th. In the last 30 days, onchain fees have soared by over 153%, from a prior rate of $4.65 per transfer to a current average of $11.80 per transaction.
For those looking for the best high-growth tokens to play a surging crypto sector, here are my three top ideas right now.