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ARBUSDT

Arbitrum ARB price near the critical point, where to next?The price of ARBUSDT has reached a critical point: the crossing of the local trend line and the beginning of a strong liquidity zone. In the price range of $1.12-1.27, longs have been taken twice in recent months with the hope of a strong "hype" growth in the price of Arbitrum, but it did not work out. So we assume that it will not be possible to break above $1.27 at the first time, as many ARB holders will sell their investments at "break-even", as human psychology is so organized. On the other hand, a lot of ARBs were distributed to cryptocurrency community members "for free," so why sell them, let them stay in the investment portfolio, maybe they will grow someday) After the ARBUSD price stabilizes above $1.27, you can try to take a long +20% to $1.55 _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
14
ARBUSDT may head for weekly resistance at 1.34-1.36Here are the supports and resistances marked on the chart for this pair. The price is trading between weekly support WS1 and weekly resistance WR1. And recently the price was pushed down by daily resistance DR1 and found support from 4h support 4HS1 and both of these resistance and support are between WS1 and WR1. From the direction point of view, it seems the price wants to retest the daily resistance again. And it is likely to break that this time in order to move further to weekly resistance WR1. But lets watch how the price reacts when it reaches daily resistance again.
Long
by angela_altair
ARB/USDT Technical Analysis And will it hit $10 in BullRun?#Arbitrum Chart Analysis: Current price: $1.21 Range trading since launch Price range: $1.10-$1.43 over the past 72 days Experienced a bull trap at $1.70, but returned to the same parallel channel shortly after Waiting for a breakout for a significant move Upside Breakout: If #ARB breaks $1.44 and sustains above this channel, a substantial upward rally is possible. Downside Breakout: If #ARB breaks below $1.10, a potential downside target of $0.5 can be anticipated. This could present a favorable accumulation opportunity. Exercise patience and wait for the breakout; avoid trading based on speculation. Bullish on ARB in the long run; potential for $10+ during the next bull run. Note: This analysis represents my personal view and is not financial advice. Conduct your own research before investing in any coins. Thank you.
Long
by CryptoPatel
5
ARB Short Call | Target $0.94ARB has recently broken the lower trendline, indicating a potential shift in its price trajectory. Additionally, it is exhibiting a symmetrical pattern, suggesting a potential continuation of the current trend. Given the current market price, traders and investors may consider entering positions around the current market price. Traders and investors may consider booking profit at a target range of approximately $0.94 to $0.95. Summary: Entry: CMP Target: $0.95 SL: $1.20 However, it's essential to conduct thorough analysis and consider other relevant factors before making any investment decisions. Market conditions, news, and overall market sentiment should also be taken into account to ensure a well-informed and prudent approach to trading or investing in ARB.
Short
by blocksat
ARBUSDT price analysisARBUSDT has gained almost 19% since its low of $1.011 on 8th May 2023. The coin is currently at its resistance zone of $1.2059 in a 2-hour chart. If the candle closes above this zone with volume supporting price we can expect the price to reach $1.30. Other technicals: Price is above 21-EMA and 50-EMA : Bullish RSI >50 : Bullish Supertrend : Buy Note: Studies are for educational purposes only. We will not be responsible for any of your Profits & Losses. Please trade with a proper risk management strategy to avoid huge capital loss.
Long
by teakfinance