Arbitrum (ARB)

Arbitrum (ARB) and Ethena (ENA) Under Strain from ETH Price Drop, But XRP and CYBRO Continue to Stay Strong – Will Bull Run Start in August?

The crypto market feels calm and is waiting for the next bull run. Many believe that altcoins are still at good entry points. Some coins, like Arbitrum (ARB) and Ethena (ENA), are facing pressure from a drop in ETH prices. However, XRP and CYBRO remain strong, showing resilience amidst market fluctuations. This scenario fuels anticipation about a potential market surge in August. Investors are eager to discover which coins are poised for growth. With the right choices, the bull run could bring substantial gains. This article reveals the coins most likely to rise and offers insights into upcoming market trends.


CYBRO Presale Climbs Past $1.3 Million: A One-in-a-Million DeFi Investment Opportunity

CYBRO is capturing the attention of crypto whales as its exclusive token presale quickly surges above $1.3 million. This cutting-edge DeFi platform offers investors unparalleled opportunities to maximize their earnings in any market condition.

Experts predict a potential ROI of 1200%, with CYBRO tokens available at a presale price of just $0.03 each. This rare, technologically advanced project has already attracted prominent crypto whales and influencers, indicating strong confidence and interest.

cybro presale banner

Holders of CYBRO tokens will enjoy lucrative staking rewards, exclusive airdrops, cashback on purchases, reduced trading and lending fees, and a robust insurance program within the platform.

With only 21% of the total tokens available for this presale and approximately 64 million already sold, this is a golden opportunity for savvy investors to secure a stake in a project that’s truly one in a million.

>>>Join CYBRO and aim for future returns up to 1200%<<<


Arbitrum (ARB) Struggles as Bulls Appear Weak Amid Bearish Pressure

Arbitrum (ARB) is currently trading within a range of around $0.75 to $0.83. Bulls seem weak as the cryptocurrency’s price movement has faced strong resistance and bears continue to exert pressure. The nearest resistance level lies at about $0.86, with additional hurdles at $0.95. ARB’s support sits at around $0.69 and further down at $0.60. Over the past week, ARB’s price has dropped by nearly 6%, and it’s down 14% over the past month. The Relative Strength Index is very low at 25.00, suggesting potential for growth if bulls can gain momentum. If ARB manages to break the $0.86 resistance, it could potentially rise by about 10-15%.


Ethena (ENA) Shows Signs of Market Struggle Amid Bearish Trends

Ethena (ENA) is currently fluctuating between $0.42 and $0.54, reflecting a weakening momentum as the bears seem to dominate. The price has dropped by almost six percent in the past week and over twenty-two percent in the past month. Key resistance levels are spotted at $0.58 and $0.70, while support lies at $0.35 and $0.24. With an RSI of 37.13 and a low Stochastic value, the coin shows oversold conditions, suggesting a potential for bounce-back. However, the 10-day SMA sits below the 100-day SMA, hinting at a bearish trend. If Ethena can clear the $0.58 resistance, it could rally by 35%, aiming for the $0.70 mark.


XRP Bulls Eyeing Recovery Despite Bearish Signals

XRP is currently trading between $0.53 and $0.65. The coin faced a minor dip recently, down about 2.76% over the past week. However, it has shown some promising signs, climbing nearly 29% in the last month. Right now, XRP confronts resistance around $0.70, but if bulls can push through, it could rise to around $0.82, an increase of nearly one-third from the current price range. Support holds at $0.47, with another level at $0.35, providing some safeguard against major drops. Despite mixed indicators, XRP’s recent trajectory hints at potential upward movement barring any major shifts.


Conclusion

ARB and ENA show less potential in the short term due to the ETH price drop. However, CYBRO shines as a technologically advanced DeFi platform. It offers investors opportunities to maximize earnings with AI-powered yield aggregation on the Blast blockchain. Features like lucrative staking rewards, exclusive airdrops, and cashback on purchases ensure a superior user experience with easy deposits and withdrawals. With a focus on transparency, compliance, and quality, CYBRO has gained strong interest from crypto whales and influencers, making it a promising project.

Site: https://cybro.io

Twitter: https://twitter.com/Cybro_io

Discord: https://discord.gg/xFMGDQPhrB

Telegram: https://t.me/cybro_io


Disclaimer:

The information provided in this article is for general informational purposes only and does not constitute financial advice. This content includes third-party opinions and predictions, which are independent and not influenced by us. Cryptocurrency investments are highly volatile and can involve significant risk. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.



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