Arbitrum ARB price is still in the downward trendEverything that was given away relatively “for free” by ARB , CRYPTO:STRKSUSD , CRYPTOCAP:W - you can write your own options in the comments - is mercilessly falling in price.
For example, #Arbitrum was distributed for $1 billion+, and now the “happy ARB holders” are patiently waiting for someone to buy this “very necessary asset” and they will sell it at a x3 premium)))
And who needs an ever-falling asset?
Well, certainly not retails ... and it does not "exist" at the current stage of the market...
“Big money” - maybe, but before that, they need to be able to buy out the ‘controlling stake’ of coins at a very laaaarge discount. And only then can they start a systematic pumping.
Therefore , in our opinion, until the OKX:ARBUSDT price breaks through the blue trend line and consolidates above $0.80, it is not worth looking in its direction, because there will be no "power" and money there.
_____________________
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ARBUSDT
Arbitrum to the Moon: Strategic Targets and Growth PotentialDonald Trump spoke at the Bitcoin conference. I decided to watch it again. Here's a brief summary:
1. The USA will become the cryptocurrency capital of the world.
2. Create a strategic Bitcoin reserve for the USA.
3. Fire Gary Gensler (SEC) on Donald Trump's first day as president.
4. Move Bitcoin mining to the USA.
And much more. I think this is the beginning of growth for Ethereum, Bitcoin, and altcoins. I gathered data from Coinbase's Orderbook and noted the large limit orders that were placed before the price correction of Arbitrum. I believe these are the approximate targets for sending Arbitrum to the Moon. The best choose Arbitrum, Optimism, and zkSync in your portfolio. May the Jedi force be with us.
#arbitrum #ethereum #optimism #DonaldTrump #zkSync
ARB ANALYSIS🔮 #ARB Analysis - Breakout 🚀🚀
💲💲 In Daily Timeframe,Falling Wedge Breakout is Done✅
But right now we can see that #ARB is trading below its crucial resistance zone and if #ARB breaks this resistance zone then we would see a bullish move 💯🚀
💸Current Price -- $0.8058
📈Target Price -- $1.9358
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#ARB #Cryptocurrency #Breakout #DYOR
ARB/USDT Main trend. Pivot Points.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 channel.
Locally at this moment in time the price is at the horizontal consolidation of the local distribution. If the price does not break and consolidate above the resistance of 1.75, a downward flag to the lower boundary of the ascending channel may be realized.
Razloki and price . Note that there was an understandable decline during the last local breakout. The next breakout will occur on 04/16/2024, which is a few days before the bitcoin halving. It is very likely that there will be a decline.
The main support zones are highlighted in gray. Also, specially drawn a simple fan, so that were clear visually dynamic support and resistance zones of the most developing trend in the future, when the price will leave the channel zone.
Local trading situation. Clearly on the linear.
The marker shows the logic and percentages of this important local reversal zone, in case of its breakout or not. Also, the meridian of the channel (green dotted line) has local resistance. Although insignificant in this trading situation. Observe risk management working with HYIP cryptocurrencies.
ALTCOINS That are STRONG NOW1) AVAX
If AVAX can close ABOVE the short term resistance zone, the way up is cleared and more upside potential becomes highly likely:
2) OPUSDT:
OP bottom should be either close, or in as it made a full retracement after the last high:
3) PALM AI
Palm has made a full retracement and filled out the opening candle. If you've been following me for a while, you'll know that this is an important metric for me to watch when buying newly released alts:
4) ARB
Incase you don't know, I have this belief on buying newly released alts where I say the price WILL return to the opening candle zones sooner or later. A healthy bounce from here is then perceived as a sign of strength as the alt is ready for more upside.
More on the above strategy here: HOW to BUY NEW ALTS:
Potential Big Moves for ARBUSDT: Bullish Continuation Ahead?Yello, Paradisers! Are you ready for some potential big moves with #ARBUSDT? Let’s dive into the analysis to see what’s brewing!
💎#ARBITRUM is showing signs of a probable bullish continuation from a support zone at $0.7215. We have observed #ARB following a descending channel for a long time. Recently, after breaking above descending resistance, it’s restoring momentum at the key support.
💎If the price successfully manages to hold momentum at this support level of $0.7215, there is a great probability of a bullish ride, similar to previous behavior at this level. If #ARB manages to break above the probable resistance at $0.8516, it will likely target the next resistance zone and beyond. However, if the price fails to hold momentum at the key support, we’re expecting a probable bullish rebound from the lower demand zone around $0.6306.
💎It's vital to maintain vigilance and closely observe #ARB price movements. A breakdown below the demand area, confirmed by a daily closure, would challenge the bullish scenario and could result in further declines.
Stay focused, patient, and disciplined, Paradisers!
MyCryptoParadise
iFeel the success🌴
#ARB/USDT#ARB
We have a descending channel pattern on the 4-hour frame, the price is moving inside it and adhering to its borders well
We have a support area in green at a price of 0.600 after the price touched it and rebounded from it
We have a trend to stabilize above the moving average 100
We have a downtrend on the RSI indicator that supports the price upwards
Entry price 0.65
First target 0.80
Second target 0.90
Third target 1.03
EBONDS an exclusive LP Fee Aggregator +++EBONDS Finance is a very special project which aims to collect money via several Blockchain LP Fees and Airdrop incentives and more. It's hosted on the Arbitrum network to have low tx fees to interact with their DAPP.
The main token is EBONDS which has a buyback scheme. The interest token is ESIR, which you get daily 1 ESIR for 1000 EBONDS.
Quote from their website: ebonds.finance
"Asset diversification with high stable allocations (asset/stable pools) and mainly operating with strong and safe protocols, balancing between V2 and V3 LP’s, offers great decentralization and high fees without the traditional risks of rugs/hacks from new degen protocols chasing high yields. Traditional rebalancing mechanisms by pure holding (without the forced rebalancing from LP) prove to be highly rewarding longterm with 30–60 day rebalancing periods.
The Collateralized Investment Strategy in different allocations generating different cash flows aim to build up the Protocol-Owned Liquidity and surplus collateral to generate a flywheel effect. More yield and rewards can be generated and flow to the most imbalanced allocation, prioritizing Protocol-Owned Liquidity first. Users can purchase EBONDS Tokens in the EBONDS.Finance dapp at 1$ / 1# EBONDS using the Purchasing Smart Contract."
"The 1% fee on the ESIR Tokens swap add an extra revenue to support the protocol and longer term hodlers. The fair way to earn ESIR Tokens is by purchasing and staking EBONDS, contributing to the Collateralized Investment Strategy. In general, available ESIR Tokens on the Liquidity Pool and users holding remain asset-backed. A maximum supply of 7.000.000# of EBONDS Tokens and 7.000.000# ESIR Tokens will ever be in circulation."
Discord Invite discord.gg
Webpage ebonds.finance
Buy EBONDS ebonds.finance
Stake EBONDS ebonds.finance
Sell EBONDS sell.ebonds.finance
Buy/Sell ESIR on Uniswap app.uniswap.org
Buy/Sell EBONDS on Uniswap app.uniswap.org
IMO this is a longterm hold, getting decent interest % wise and have a good stake in several blue chip blockchains. Read more detailed info on the medium link or via their Discord
medium.com
$4 arbisomeone say something about defi summer?
oh yeah, that was me.
---
im predicting arbitrum hits $4.50 into august.
---
structure is simple,
airdrop came up in 5 waves,
has since corrected in 3 waves down through an expanded flat.
expanded flat is labeled as wave (b) for strategic purposes.
some might label it as wave (2), but not me,
not this time.
---
buy arb here (market order)
tp $4+
sl 0.499
🌙
In-Depth Arbitrum Analysis: Current Trends & Insights✨Welcome to my channel. Here, we conduct a daily analysis of crypto projects and forex pairs.
📅Let's dive into today's analysis, focusing on the crypto market and the Arbitrum project.
🗂 About the Project : Arbitrum is a blockchain project in the crypto space, known for being one of the popular Layer 2 Ethereum solutions. It helps reduce transaction fees and increases speed and security. Arbitrum launched as a Layer 2 blockchain in August 2021 and also conducted a major airdrop, which significantly boosted its popularity over its competitors.
📦 Arbitrum Airdrop : In March 2023, Arbitrum introduced the ARB token and simultaneously airdropped 12.75% of the tokens to its users. This large distribution excited many in the crypto community.
🏅 Airdrop Impact : The airdrop significantly increased trust in the blockchain. Currently, Arbitrum has around $3 billion in TVL (Total Value Locked) and ranks fifth in the market. Its token has a market cap of $2.3 billion and holds the 41st position on CoinMarketCap.
🌱 Project Ecosystem : Given the high TVL, Arbitrum's ecosystem is very active. Major platforms like AAVE, GMX, UNISWAP, PENDLE, and RENZO support this blockchain. There are also specialized platforms that operate solely on Arbitrum, such as Camelot, a DEX that has greatly contributed to the project's growth.
🗡 Camelot Project : As mentioned, Camelot is one of the exclusive projects in the Arbitrum ecosystem. It is a DEX where you can swap tokens in a decentralized manner and become a Liquidity Provider to earn rewards.
📈Here is the chart for the GRAIL token, Camelot's official token. Camelot rewards you with this token for providing liquidity. As you can see, after hitting the resistance at 2675 and breaking the upward trendline, the price entered a downtrend, dropping to 709 and forming key levels at 1008, 1252, and 1418, which could act as strong barriers to price growth.
⚡️Now that we have reviewed the project and its ecosystem, let's analyze the ARB token chart from a technical perspective.
📅 Weekly Timeframe
In this timeframe, after the token launch and airdrop, the price pumped initially and corrected to the 0.7654 level. Alongside Bitcoin, it started an uptrend reaching 2.1782. The price tested this resistance several times but failed to establish above it. Following the entry of selling volume, the chart exited the Distribution Zone and started to drop, now even losing the 0.7654 support and reaching 0.6482.
🛒If you had already bought this token, I hope your stop-loss was triggered. If not, I hope you managed your investment well to avoid significant losses. For spot purchases, I would wait for the RSI to break above 34.79 to confirm that the downward momentum is out of the market. Afterward, we can buy based on our personal strategy once the price stabilizes above key levels.
📅 Daily Timeframe
In this timeframe, after reaching the 0.6216 support, the price is correcting upwards with decreasing volume, indicating the strength of the downtrend. Despite the RSI losing the 40.13 resistance, upward momentum has not entered the market. This is because the SMA25 is directly above the price, serving as a major resistance.
📉If the SMA25, which coincides with the 0.7654 resistance, pushes the price down, it could reach the S1 pivot monthly level. Should the price continue to make lower highs and drop further, the 0.4826 level (S2 pivot) would be a logical target.
📈If the price stabilizes above the SMA25 and breaks through the 0.7654 level, with increased buying volume and upward momentum, we can confirm an uptrend in this timeframe.
🔑 Key levels in the daily timeframe for ARB are:
Supports at 0.6216 and 0.4826
Resistances at 0.7654, 0.9264, 1.2669, and 2.1782
⌛️For short-term analysis of this token, let's move to the 4-hour timeframe for more detailed insights.
🔍In the 4-hour timeframe, we can observe a Low Wave Cycle. After hitting the 0.6263 support, the price has made higher highs and lows twice. According to Dow Theory's definition of an uptrend, we can say this timeframe is in an uptrend. However, we must also consider another crucial point. According to Dow Theory, volume should confirm the trend and align with the price. As seen in the chart, volume diverges from the price, so we cannot declare an uptrend in the 4-hour timeframe as it lacks the primary Dow Theory confirmation.
📈For an uptrend, I suggest waiting for the price to stabilize above 0.7654, a significant level observable in the daily timeframe. Additionally, buying volume should increase to gain Dow Theory confirmation, allowing us to trust the price rise. If the trend becomes bullish, the resistances ahead are 0.8449 and 0.9264.
📉For a market downturn, since higher timeframes are bearish, we can use riskier triggers to confirm the entry of downward momentum, as these risky triggers align with the trend and are more reliable. The risky trigger level is 0.6822, and the main support is 0.6263. Note that the 0.6822 trigger, being risky, is not entirely reliable, and there's a higher probability of fake moves and traps. If the market turns bearish, the target, as seen in the daily timeframe, would be 0.4826.
⚠️Please note that this is not financial advice. I'm simply introducing this project to you, and remember always to do your own research.
ARB update (still bearish)Based on the data we have on the chart now, it looks like ARB is in a major correction.
Now we seem to have just entered the C wave.
Wave C is bearish.
In this wave C, the minimum price to which the price can drop is the green box.
In this wave C, the minimum time to pass is the time of the vertical line (November 24).
Closing a daily candle above the invalidation level will violate the analysis
The demand range is indicated by the Fibonacci ratios on the chart.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Has Arbitrum cryptocurrency reached the bottom?For Arbitrum, judging by Fibonacci, we've reached the final target of 227.20%, so it's a good time to start accumulating a position for the mid to long term.
➖ I don't know if the price will drop to $0.18 per coin, though I once saw a buy order at that price on Coinbase.
➖ Overall, using DCA (Dollar Cost Averaging) to start accumulating a position seems wise, but pinpointing the exact bottom is challenging.
Chart:
Future targets:
#arbitrum #arb #ethereum
Arbitrum (ARB) is a hidden gem or scam?Hello, Skyrexians!
Last couple of weeks something bad is happening on the crypto market. It's dumping hard, especially altcoins. Most of the top crypto traders has been waiting for altseason for quite a long period of time, but the result is the opposite. Major exchanges delisted some tokens, which immediately fall below it's critical levels, crypto trading strategies faces with huge losses, most of automated trading bots also hurt deposits, even grid trading bot got stop loss because of price falling below price range. In such a difficult times it's vital to chose the best assets to invest money. Finding such altcoins is important also for automated cryptocurrency trading because it needs enough liquidity. Today we will try to understand if BINANCE:ARBUSDT such asset or not, providing multi time frame analysis using different indicators.
Arbitrium weekly analysis - what Elliott waves are telling us?
Almost all profitable crypto trading strategies are based on Elliott Waves, at least for confirmation trading decisions. On the 1W chart we can see that the first bullish impulse has been obviously finished at $2.43. In my opinion now most of traders shall think that game is over because current dump has almost hit the wave 1 bottom, but waves 2 can retrace up to 100% of the wave 1, especially for such low cap altcoins. ARB is still not bottomed yet, but this bottom is next to.
if this anticipation is true this asset is about to start the impulsive wave 3, which has minimal target at $2.56, most likely at $3.58 and the optimistic one at $5.23. For sure it's not the final target for entire bull market if it will take place, just for wave 3. Extended wave 5 can easily double all these targets, but now it's too early to talk about it.
ARB/USDT POTENTIAL FALLING WEDGE! MUST BOUNCE FROM HERE!!Hey everyone! If you enjoy this content, please consider giving it a thumbs up and following for more analysis.
ARB showing potential on the daily timeframe! We might see a good bounce from here. Buy some here and add more in the dip.
Taregts:- $1.01/$1.24/$1.58/$1.86/$2.28
SL:- Daily close below $0.84
Let me know your thoughts in the comment section.
Arbitrum Analysis | Consolidation with a Bearish BiasCurrent 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 Levels: The current price is near a support level around $0.91. The critical resistance level to monitor is $1.29, which has been a strong barrier, often leading to price struggles and reversals upon testing.
Volume Analysis: Trading volumes typically increase during price declines, highlighting intensified selling pressure. During consolidation phases, volumes remain elevated while candlesticks exhibit low volatility. This pattern suggests market uncertainty and a lack of clear directional momentum, potentially signaling position accumulation by traders preparing for the next significant breakout or breakdown.
Possible Scenarios:
🟩 Bullish Scenario: A breakout above the local resistance level at $1.10, accompanied by increased trading volumes, could signal a potential bullish reversal, driving the price up to $1.29. To confirm the shift in market sentiment, this breakout should be supported by high volumes and price consolidation above the $1.29 level on the daily timeframe. This could lead to a subsequent phase of price consolidation, allowing for further testing of key resistance levels on the path to continued growth.
🟥 Bearish Scenario: If the price fails to hold above the $0.91 support level, it could lead to further declines. Consolidation below this support level would likely continue the downtrend towards the next support zone around $0.76 - $0.74. Traders should be prepared for potential short positions or implementing protective measures if this scenario unfolds.
Overall Market Sentiment:
Current Bias: ARB is displaying bearish sentiment, with potential for extended range-bound trading between the support at $0.91 and the resistance levels at $1.10 and $1.29. The recent token unlock event has added significant supply, contributing to downward pressure, while overall market uncertainty in the crypto space exacerbates this trend. Despite the bullish potential from the Robinhood integration, its impact appears muted in the current environment, unable to counterbalance the prevailing bearish dynamics.
Recommendations for Traders:
◼️ Monitoring Trading Volumes: Keep a close watch on trading volumes around key support and resistance levels to assess the strength of any breakout or pullback.
◼️ Preparation for Volatility: Given the recent increase in token supply and market uncertainties, expect heightened volatility. Consider risk management strategies such as setting stop-loss orders, adjusting position sizes, and employing careful entry and exit planning to mitigate risks from sudden market movements.
Disclaimer: Content for seasoned traders only. Not financial advice. You bear sole responsibility for trading outcomes. ➖ DYOR 🧠 💡
#ARB/USDT#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 1.048
The second goal is 1.136
Third goal 1.24
Arbitrum | ARB What Is Arbitrum and Why Is It a Big Deal ?
The price of Arbitrum is $1.40 today with a 24hour trading volume of 1 billion dollar. This represents a 2.7% price increase in the last 24 hours and a 4% price increase in the past 7 days
Arbitrum is a rollup chain designed to improve the scalability of Ethereum. It achieves this by bundling multiple transactions into a single transaction, thereby reducing the load on the Ethereum network.
a rollup chain is a layer 2 solution that aggregates and processes transactions off-chain, before submitting a single transaction to the Ethereum mainnet. This means that users can enjoy faster and cheaper transactions, while still benefiting from the security and decentralization of the Ethereum network.Arbitrum's native token is called the Arbitrum token, or ARB for short. The token is used to pay for transaction fees on the Arbitrum network and also serves as a means of governance for the protocol. Holders of ARB can participate in decision-making processes, such as proposing and voting on protocol upgrades or changes.
Smart Money Accumulating ARB !
The ARB airdrop, as expected culminated in a sell-the-news narrative, with token holders cashing out in large numbers. However, the token’s fundamentals have not faltered amid an influx of funds from institutions and other large-volume buyers – smart money. Following the announcement of the airdrop on March 16, tokens within the Arbitrum ecosystem exploded including Magic (MAGIC), GMX (GMX) Radiant Network (RDNT), and Gains Network (GNS).
ARB has launched into an ecosystem with strong fundamentals, which are likely to cool off the token’s downside in the coming weeks. Moreover, accumulation among investors, taking advantage of the dump after the airdrop could provide the necessary momentum for ARB to rally again.
next targets are 1.45 and 1.5$