Arbitrum Price Prediction: ARB Surges 6% As This AI OnlyFans Rival Presale Closes On $1 Million

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Arbitrum Price Prediction: ARB Plummets 7% After Robinhood Launches Own Blockchain For Stock Trading In Europe, While This Bitcoin Layer-2 ICO Nears $2 Million
Arbitrum Price Prediction: ARB Plummets 7% After Robinhood Launches Own Blockchain For Stock Trading In Europe, While This Bitcoin Layer-2 ICO Nears $2 Million

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The Arbitrum price surged 6% in the last 24 hours to trade at $0.3435 as of 3:20 a.m. EST on trading volume that dropped 44% to $357.78 million.

The ARB price initially skyrocketed on June 30, when both Arbitrum and Robinhood announced that the Robinhood Chain is being built on Arbitrum to power the future of asset ownership.

Arbitrum further explained that Robinhood will be able to transform its business using crypto rails, and along the way, bring in a substantial number of new users to the Arbitrum network.

The project concluded the announcement by saying that Arbitrum is very excited to continue working on this partnership with Robinhood’s team to build towards a future where anyone, anywhere in the world, can invest without barriers.

Arbitrum Price Prediction

Arbitrum’s price initially surged on late Sunday, going from $0.30 up to $0.38, only to then correct over the next two days and drop back down to a support level at $0.32. However, this changed again in the last six hours, when it started growing once more. Within only a few hours, the project’s value surged to $0.350, but the resistance rejected it, and it now sits at $0.343 as of the time of writing.

The sudden price surge caused a widening of the project’s Bollinger Bands, sending out a bullish signal to traders looking for earning opportunities.

Arbitrum Price Prediction

ARB/USDT chart analysis (Source: TradingView)

The project’s RSI initially dipped to a value of 20 following the sell-off on June 30. It then recovered to a neutral value of 50, fluctuating between 45 and 55 throughout the day yesterday.

As traders became more involved over the last six hours, the RSI fluctuations increased, fluctuating between 50 and 70. With traders unwilling to push the RSI deeper into the overbought zone, the price found itself unable to breach the resistance at $0.35 and is now experiencing smaller fluctuations below it.

Promising Alternative To Arbitrum

With Arbitrum’s price limited by a major resistance, investors are buying into SUBBD Token (SUBBD) — a new crypto currently still in presale, that recently raised $720k and is now on its way to its first million.

SUBBD was designed to be a native cryptocurrency for the SUBBD platform — a new hub for content creators, and a major new rival to OnlyFans. It has introduced several changes to the way these platforms work, which have already intrigued a number of users.

Additionally, the decentralized platform utilizes AI to simplify tasks for content creators. Simply put, AI can automate a number of day-to-day management tasks that consume too much of the creators’ time, allowing them to instead focus on building a stronger relationship with their fans. This approach has intrigued many, and over 2,000 top-earning creators have already joined SUBBD, boasting a combined following of 250 million fans.

With more people joining every day, experts believe that SUBBD could disrupt a massive $85 billion industry. More than that, its token could see a major price surge once it goes live and starts being used. This is why early investors did not hesitate to buy it at its low ICO price, expecting it to soar, encouraged by predictions by experts.

Among those experts is 99Bitcoins, which has over 723k subscribers on YouTube, and predicts that SUBBD might be the next token to see 10x gains.

If you wish to join others who have purchased SUBBD for only $0.0558 each, participate in its presale now. Buy before a presale price hike in around 2 hours

Visit the SUBBD Token website.

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