Current Chart Analysis: The daily chart of ARB continues to show a steady downtrend within a broad range. This pattern reflects sustained selling pressure and dominant bearish sentiment in the market. The price is approaching a significant support level around $0.76 - $0.74, historically serving as a crucial zone for price stabilization. Support and Resistance...
#ARB The price is moving within a bullish channel pattern on a 12-hour frame, which is a retracement pattern We have a bounce from a green support area at 0.9000 We have a tendency to stabilize above the Moving Average 100 We have a downtrend on the RSI indicator that supports the rise and gives greater momentum Entry price is 0.9700 The first target is...
What Is Arbitrum and Why Is It a Big Deal ? The price of Arbitrum is $1.40 today with a 24hour trading volume of 1 billion dollar. This represents a 2.7% price increase in the last 24 hours and a 4% price increase in the past 7 days Arbitrum is a rollup chain designed to improve the scalability of Ethereum. It achieves this by bundling multiple transactions into...
TL;DR Potential local bottom at $1.07, potential targets at $1.6 and $1.93 Arbitrum is still trading in its rectangle. After a recent rejection from the resistance, today it retested $1.07. If it holds, it would mark a perfect Wave 2 end (61.8% of Wave 1). In turn, according to Elliott wave theory, this would set the Wave 3 target to $1.6 or $1.93. 🎯 $1.6 is...
💎 Paradisers! Keep an eye on #ARBUSDT as it displays strong indications of a bullish continuation from the demand zone after a breakout from descending resistance. 💎 Our meticulous analysis of the price action reveals that $ARBITRUM is poised to breach descending resistance. Should it successfully do so and sustain momentum above the EMA 100, we anticipate a...
We are considering a scenario of price movement for ARB. Currently, the asset is within a price range that attracts active market participants' interest. This interest is confirmed by the analysis of the volume profile and increased activity on the vertical histogram. The asset's price is currently below the resistance level at $1.2746, which is above the...
Over the past week, 10,000 new users have joined the Ethereum Layer-2 Arbitrum network, with the price of Arbitrum ( AMEX:ARB ) eyeing a significant milestone at $1.50. With anticipation of Ethereum ETF inflows, many of the 1.51 million AMEX:ARB investors are likely to hold their assets, potentially catalyzing further price fluctuations. The Arbitrum community...
ARB followed Ethereum and pumped around 25%! Rumours now around EthereumETF can push the prices to new ath for many coins. BINANCE:ARBUSDT Possible Targets and explanation idea ➡️Weekly timeframe, after listing still relevant fib. IAP model ➡️We come back and close W October 2023 Fvg in May 2024 ➡️Based on my money power indicator you can see periods where...
On the weekly timeframe the purple line represents the flagpole, however if I zoom out to the monthly timeframe the neon lemon lime trendline is the full pole of the bullflag. Not sure which one will be the most valid in the long run so I have posted measured move targets for both. *not financial advice*
Arbitrum a highly anticipated project, is an Ethereum layer-two scaling solution that uses optimistic roll-ups to achieve its goal of improving speed, scalability, and cost-efficiency. There are not enough candles to see the big picture. But the short-term view is that there is a descending channel, and if ARB breaks it upward, an impulse wave can be expected....
The Arbitrum DAO has approved an eight-week pilot M&A program following overwhelming support for the proposal. On-chain metrics suggest that Arbitrum ( AMEX:ARB ) may experience a rally soon, despite a recent 7.5% increase in its value. The pilot program received over 99% support from DAO members and aims to conduct data-driven research and discussions to inform...
Due to chart Trend we can give this gain In crypto market btc break 63k we will bet on the long
Main trend. There is a lot of hype on this cryptocurrency in the Internet space. Although according to the graph especially profit in comparison with other similar HYIP altcoins is not. Take into account and “prices” and volume, at which this cryptocurrency got to the so-called early “investors”. Secondary trend . Medium-term, the price is in an ascending...
#ARBUSDT.P #Analysis & #LongSetup #Eddy For example, in an altcoin"Arbitrum", I have provided you with proper analysis & long setup so that you are aware of the general movements of the market and other altcoins & don't rush to buy, the structure is not complete. ((This analysis was based on the liquidity structure and its combination with other styles,...
#atbitrum #arb price chart is weakened, may be do a bounce about %10 up in short term, but the boxes are the mid term supports. Not financial advice.
Arbitrum (ARB) is currently trading at approximately $1.20, with recent fluctuations between $1.06 and $1.20 over the past week. The 24-hour trading volume is notably high, around $694.90 million, which underscores significant market activity. With a market capitalization of about $3.19 billion, ARB is a major player in the Layer-2 scaling solutions for Ethereum,...
My opinion is ARB / Arbitrum is finishing it's major 2nd wave correction as an running flat and breaking the white downtrend line indicates that 3rd major wave is starting. How ever if the red scenario happens more possibility to invalid the whole bullish scenario rather than it's to be a expanded flat. Let's see. DYOR! Always invest what you can afford
#ARB The price is moving in a bearish channel pattern on the 4-hour frame and sticking to it well The price rebounded well from the lower border of the channel at the green support level 0.9500 We have a tendency to stabilize above the Moving Average 100 We have oversold resistance on the RSI indicator to support the rise, with a downtrend about to break...