#NOM There was a very strong bullish momentum (burst from around 0.009 → 0.0147) After the top, the market did not fall sharply, but: made a healthy pullback formed higher lows
$ARC is a relatively small-cap altcoin, typically: moving fast (high volatility) heavily influenced by Bitcoin's trend used more for short-term trading (scalp / day trade) than long-term investment Currently there is no very strong fundamental news (major partnerships or new listings), so the price is being driven mainly by technical analysis and market sentiment.