# ARBUSD

#Crypto Market Rebounds #ARBUSD
Arbitrum is climbing up despite significant emission pressure, the price has already returned to $0.3534. An ascending Elliott model is forming, but it lags behind similar models on other coins. The fifth wave could raise the price to $0.38, and a signal from the cash flow allows for this scenario to be realized.
The Arbitrum project may launch another initiative to support its reputation. Following a recent token buyback, a proposal has emerged to conduct an airdrop for early participants to thank those who supported the project from the very beginning.
On May

#ARBUSD
Elliott waves are being redrawn, the third wave reached $0.3633, however the fourth one is quite deep, dropping to $0.3152. The fifth should push the price to $0.4, the aroon indicator is already signaling a reversal upwards.
Chip manufacturer Nvidia has withdrawn its consent to partner with Arbitrum.
Unlocking Avalanche this week, 700,000 tokens will be unlocked at $14.80 million.
Arbitrum opens the possibility to pay fees with any tokens across all chains.

#Fed's March Rate Decision##ARBUSD
Arbitrum dropped to 0.2947$, the reason is token unlocks, the decline was stopped by a large dodgy, later the price returned to 0.3759$. Currently, the money flow is on the sellers' side, but later the price will move towards 0.44$-0.45$, primarily due to the fundamentals.
Arbitrum also launches buybacks (buyback), implementing methods of the traditional financial market (TradFi) to manage liquidity. The supply should decrease, but unlikely immediately due to unlocks.
Arbitrum developer, Offchain Labs, in collaboration with Arbitrum Foundation, has launched

#ARBUSD
Since the last post, the arbitrator has once again updated the low, the rate sank to $0.2419. The fall was stopped by the hammer, and later a bullish engulfing appeared, but it is not possible to reverse upwards, there is another wave of decline, although now it is very weak, and the aroon signals an upward reversal. It is desirable that the rate returns to at least $1 in May.
Today's unlock is Arbitrum 92.65MM Token Unlock.
The RWA market on Arbitrum has grown 1000 times in a year, but the ARB token continues to fall.