ARB Faces Uncertainty Following Nvidia Exit as Market Sentiment Shifts

ARP market momentum shifts as Arbitrum withdrew from Nvidia-backed program, leaving investors with pessimism 
ARB price movement has been experiencing a sharp decline this week after Arbitrum withdrew from the Nvidia-backed Ignition AI Accelerator program. This move follows Nvidia’s decline to collaborate with crypto-related projects, raising concerns about Arbitrum’s future partnerships and long-term strategy. Furthermore, this Arbitrium news has become a headline in the crypto community; investors are becoming cautious about its future potential. As a result, investors’ sentiment is shifting, leading to high volatility in the crypto market. Let’s take a close look at the ARB price movement over the past 24 hours to determine whether it is exhibiting buying momentum.

ARB Retrieves From $0.3434 Dip – April 26, 2025

On 26th April 2025, ARB’s trading day began with a notable upward trajectory, demonstrating a strong bullish sentiment. But at 01:55 UTC, ARB resisted at $0.3563 and experienced a sharp fall. A Death Cross on MACD at 02:30 UTC asserted this downtrend. Substantially, at 05:15 UTC, ARB found support at $0.3485 and began to experience an uptrend. However, at 08:40 UTC, ARB price movement resisted at $0.3563 and experienced a sharp decline. 

Chart 1 – Analyzed by Buvaneswari_L, published on TradingView, April 27, 2025

At 011:55 UTC, ARB encountered an RSI Oversold condition, indicating a potential trend reversal. Likely, at 12:35 UTC, a Golden Cross on MACD signaled a possible uptrend. As expected, at 14:20 UTC, ARB found support at $0.3434, began to move in an upward channel, and closed at $0.3532

ARB Crashes to $0.3339 – April 27, 2025

As illustrated in Chart 1, on April 27, 2025, the ARB trading day started with a brief rise, demonstrating a strong bullish sentiment. But at 00:20 UTC, ARB encountered an RSI Overbought condition, indicating a possible trend reversal. Likely, at 00:50 UTC, a pin bar, followed by a full-body red candle, signaled a downtrend. As expected, ARP price movement resisted at $0.3624 and began to experience a sharp fall. A Death Cross on MACD at 01:15 affirmed this downtime. At 04:35 UTC, ARB continued its downtrend, broke the support at $0.3434, breached a breakout, and dropped to $0.3381.

At 04:50 UTC, ARB encountered an RSI Oversold zone, indicating a potential trend reversal. As expected, at 05:35 UTC, ARB found support at $0.3381 and began to move in an upward channel. A Golden Cross on MACD at 05:45 UTC reaffirmed this uptrend. Conversely, at 08:35 UTC, ARB encountered an RSI Overbought situation, indicating a possible downtrend. Likely, at 08:45 UTC, a pin bar, followed by a full-body red candle, signaled a potential downtrend. As expected, ARB resisted at $0.3453 and experienced a sharp decline. A Death Cross on MACD at 08:45 UTC affirmed this downtrend.

Eventually, at 12:40 UTC, ARB continued its downtrend, broke support at $0.3381, breached a breakout, and dropped to $0.3339. At 13:05 UTC, ARB found support at $0.3339 and moved up, fluctuating between the key levels. 

ARB’s Next Move – Buy or Sell?

In today’s ARB price analysis, ARB is projected to undergo dynamic action. In a possible scenario, if ARB continues its uptrend, it could bounce back, break the key resistance, and reach its previous high of $0.3624. If it fails to move up, it could encounter a sharp decline, suggesting a bearish sentiment. As highlighted in Arbitrum news, Arbitum withdrew from the AI accelerator program with Nvidia, raising concerns about its future partnerships and growth potential in the crypto market. As a result, ARB is experiencing a bearish sentiment. Closely monitor the key levels to find when it exhibits a buying opportunity. 

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