{"id":622664,"date":"2025-01-30T04:12:09","date_gmt":"2025-01-30T04:12:09","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=622664"},"modified":"2025-01-30T04:12:09","modified_gmt":"2025-01-30T04:12:09","slug":"arcblock-price-prediction-abt-is-no-1-trending-crypto-on-coingecko-after-14-surge-as-this-best-wallet-crypto-ico-charges-towards-9-million","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/arcblock-price-prediction-abt-is-no-1-trending-crypto-on-coingecko-after-14-surge-as-this-best-wallet-crypto-ico-charges-towards-9-million","title":{"rendered":"Arcblock Price Prediction: ABT Is No. 1 Trending Crypto On CoinGecko After 14% Surge As This Best Wallet Crypto ICO Charges Towards $9 Million"},"content":{"rendered":"

The Arcblock price surged more than 14% in the last 24 hours to trade at $1.32 as of 10:31 p.m. EST as investors rush to buy the altcoin.<\/span><\/p>\n

In addition to the strong 24-hour performance by the ABT price, the <\/span>crypto<\/span><\/a> is also the number 1 trending project on CoinGecko.<\/span><\/p>\n

\"trending<\/p>\n

Top trending cryptos (Source: <\/span>CoinGecko<\/span><\/a>)<\/span><\/p>\n

Arcblock Price Challenging Resistance<\/span><\/h2>\n

\"ABT<\/p>\n

4-hour chart for ABT\/USD (Source: GeckoTerminal)<\/span><\/p>\n

The Arcblock price rebounded off of the support level at $1.2392 in the last 24 hours, and is now trying to overcome the major resistance at $1.3740, according to data from <\/span>GeckoTerminal<\/span><\/a>. Should the altcoin overcome this technical barrier, it could gain the space needed to rise to the subsequent mark at $1.5088.<\/span><\/p>\n

On the other hand, a rejection from the $1.3740 barrier within the next 8 hours might invalidate the bullish thesis. In this more bearish scenario, ABT could end up retesting the aforementioned $1.2392 support. This potential retest might be followed by the <\/span>crypto<\/span><\/a> dropping below this level, which could expose it to the risk of plunging all the way down to $1.1190 in the short term.<\/span><\/p>\n

Technicals Suggest The Arcblock Price Could Go Either Way<\/span><\/h2>\n

From a technical point of view, indicators on ABT’s 4-hour chart show bulls and bears are fighting to take control over the Arcblock price. This means that the crypto’s price could move in either direction in the next few hours. Traders and investors will want to keep an eye on the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI).<\/span><\/p>\n

The MACD line crossed above the MACD Signal line in the last 24 hours to trigger a major bullish technical flag and suggest ABT has entered a positive trend. However, in recent hours, the gap between the two lines has stopped growing. This might be a sign that ABT’s bullish momentum is cooling down.<\/span><\/p>\n

Meanwhile, RSI readings have fluctuated between 50 and the low 60s as both bulls and bears struggle to take control of the Arcblock price. Although the current RSI reading above 50 could be interpreted as an indication that buyers have the upper hand, the negative slope of the RSI line warns that the situation could very easily turn bearish if bulls lose their footing slightly.<\/span><\/p>\n

While traders wait for confirmation of ABT’s next move, investors are rushing to buy new presale token <\/span>Best Wallet (BEST)<\/span><\/a> to grow their portfolios. According to Crypto Gains, a popular YouTuber with over 141K subscribers, BEST could potentially soar 10X after its launch.<\/span><\/p>\n