Arbitrum faces bearish pressure despite network growth – here's the latest: • ARB price down 8.03% in 24 hours and 20.10% over 7 days, underperforming the broaderArbitrum faces bearish pressure despite network growth – here's the latest: • ARB price down 8.03% in 24 hours and 20.10% over 7 days, underperforming the broader

Arbitrum (ARB) Daily Market Analysis 23 February 2026

2026/02/23 12:52
1 min read
Arbitrum (ARB) Daily Market Analysis 23 February 2026

Arbitrum faces bearish pressure despite network growth – here's the latest: • ARB price down 8.03% in 24 hours and 20.10% over 7 days, underperforming the broader market • Technical indicators show oversold conditions with key resistance at $0.1329 for any potential reversal • Robinhood Chain testnet launch (10 February 2026) drove 4M+ transactions in first week, boosting network activity • Price decline exacerbated by $133M+ ETF outflows and derivatives contraction, signaling institutional retreat • ARB trading below all major moving averages with high probability of further declines in near term

Market Opportunity
Arbitrum Logo
Arbitrum Price(ARB)
$0.0929
$0.0929$0.0929
-1.69%
USD
Arbitrum (ARB) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Tags: