Arcblock Price Surges 14% As This Wallet ICO Heads For $9M

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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.

In addition to the strong 24-hour performance by the ABT price, the crypto is also the number 1 trending project on CoinGecko.

Top trending cryptos (Source: CoinGecko)

Arcblock Price Challenging Resistance

4-hour chart for ABT/USD (Source: GeckoTerminal)

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 GeckoTerminal. Should the altcoin overcome this technical barrier, it could gain the space needed to rise to the subsequent mark at $1.5088.

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 crypto dropping below this level, which could expose it to the risk of plunging all the way down to $1.1190 in the short term.

Technicals Suggest The Arcblock Price Could Go Either Way

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).

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.

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.

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

The Ultimate Crypto Custody Solution

With the decentralized nature of the crypto space, it is very easy for investors to find themselves in a situation where they are engaging with numerous applications spread across the place in order to manage and grow their digital holdings.

This is where Best Wallet comes in. This one non-custodial application offers all the features investors need to manage, grow and secure their crypto. Not only does the wallet offer support for over 60 blockchains and their native tokens, it also allows users to import all of their crypto wallets into a single app, making it so much easier for investors to keep an eye on their assets.

After consolidating all of their wallets, Best Wallet users can then engage in multiple activities including staking and swapping all within a single app to put their crypto to work for them.

There is also a Best Card offered within the project’s ecosystem. This means that users can spend their earnings and assets without having to first trade to a fiat currency, cash out and wait for days for banks to clear the funds.

One of the standout features of Best Wallet is the “Upcoming Tokens” section, which shines the spotlight on emerging crypto projects with high growth potential. The app has already flagged Pepe Unchained (PEPU) and Catslap (SLAP), which have both gone on to deliver massive returns for investors that bought in when Best Wallet first identified the cryptos.

The real ones know: the best gains are made early. 👀
Check out Upcoming Tokens in Best Wallet and get ahead before everyone else does. Don’t wait until it’s trending—secure your edge now.
Don’t sleep 📲 https://t.co/he5kzra7TY pic.twitter.com/uoYRADyIQO
— Best Wallet (@BestWalletHQ) January 29, 2025

For the full experience, investors can purchase BEST tokens to unlock additional benefits. By simply holding BEST, Best Wallet users will enjoy lower transaction fees, greater staking rewards, as well as gain early access to new projects. BEST holders also have a say in Best Wallet’s governance.

Best Wallet ICO Raises More Than $8.6 Million

Best Wallet’s ongoing presale is charging towards the $9 million after raising more than $8.6 million already, signaling strong investor confidence in the project’s future.

Anyone that wants to get in on the ground stages of the project can do so by buying BEST tokens through the simple widget embedded on the project’s website. Selling for $0.0238, the token can be bought with either crypto or bank card.

Buy and stake BEST here to unlock a 207%.

Best Wallet – Manage Your Crypto