It's going to be a cool movie for L2 Arbitrum🏧 LSE:ARB #Arbitrum #Crypto #L2 (ARB/USDT)
🟢 Entry price: $2.02
🟢 Take Profit 1: $4.04 (50%)
🟢 Take Profit 2: $9.79 (20%)
🟢 Take Profit 3: $11.89 (10%)
🟢 Take Profit 4: $14.89 (10%)
🟢 Take Profit 5: $17.89 (10%)
Arbitrum, as a leading layer 2 scaling solution for Ethereum, has seen significant developments and attracted notable investors leading into 2024. Here's an overview of the highlights, funding, and potential collaborations expected for Arbitrum in 2024:
Highlights and Developments
• Arbitrum has shown impressive growth in terms of Total Value Locked (TVL) and project development on its platform. The platform has been recognized for its advancements in scaling technology, making Ethereum more inclusive and sustainable.
• Notably, in 2024, there's an anticipation of a potential collaboration among Arbitrum, Cardano, and Mina Protocol. This partnership is expected to bring forth projects that leverage the strengths of each platform, particularly in areas where Ethereum faces challenges. This collaborative effort is expected to focus on enhancing scalability through Zero Knowledge (ZK) cryptography, which is crucial for supporting mass multiplayer online games (MMOs) and other large-scale decentralized applications.
Funding and Investors
Arbitrum has successfully raised significant funding across several rounds, showcasing the confidence investors have in its technology and vision for the future of Ethereum scaling:
• Total Raised : Arbitrum has accumulated $143.7 million across various funding rounds.
• Series B Round : The most significant raise was during its Series B round in August 2021, where it raised $120 million.
• Notable Investors : Arbitrum is backed by several high-profile investors, including Pantera Capital, Polychain Capital, Redpoint, Ribbit Capital, and notable figures like Mark Cuban. These investors support Arbitrum's mission to enhance the Ethereum ecosystem's scalability and efficiency.
2024 Expectations
• The potential collaboration with Cardano and Mina Protocol indicates a strategic move towards interoperability and leveraging unique technological strengths, such as ZK proofs, to overcome current blockchain limitations.
• As Arbitrum continues to develop and onboard more projects, it's expected that its ecosystem will expand, further solidifying its position as a crucial component of Ethereum's layer 2 landscape.
In conclusion, 2024 looks promising for Arbitrum with expected technological collaborations, continued investor support, and ongoing developments aimed at enhancing the scalability and efficiency of Ethereum. These factors combined signal a strong year ahead for Arbitrum, as it continues to contribute to the broader adoption and utility of blockchain technology.
ARBUSDT
ARB/USDT Ascending channel bullish ride?whats next💎 Paradisers, focus on #ARBUSDT as it climbs within an ascending channel, primed for an impactful surge from its demand zone
💎 #ARBITRUM has recently hit a wall at $2.1589, triggering a pullback. From the support of the ascending channel and having gathered downward liquidity, it's now showing robust momentum marked by striking green candles, hinting at a forthcoming leap over channel resistance. Keeping up this pace could ignite a notable bullish rally, breaching critical resistance points.
💎 In the ever-evolving crypto landscape, the ability to pivot and adapt strategies is key. Should #ARB face challenges at this pivotal demand zone, a strategic shift might be in the cards. Anticipate a bullish rebound from the alternative demand level at $1.952, with a descent below this threshold potentially signaling further declines
ARB buy setupNote that this is not a setup for sell/short, but a setup for buy/long
ARB structure is bullish. If it reaches the Demand range, we will look for buy/long positions in this range.
Fixing 1 daily candle below the invalidation level will cause the analysis to be violated.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
#ARB/USDT#ARB
The price is moving in a descending triangle on a 4-hour frame, and the channel has been broken upward, and it is expected to continue rising after testing the trend.
We have a higher stability moving average of 100
We have an RSI trend that is about to break higher
Entry price is 1.81
The first goal is 1.91
The second goal is 2.027
Third goal 2.158
🚀 ARB: Breaking Resistance and Aiming for Upside! 📈💹📊 Analysis:
Acceptance Above $1.8: ARB seems to be gaining acceptance above $1.8.
Breakout and Close: Look for a breakout and close above $2.2, turning resistance into support.
Entry Range: Consider entering the trade between $1.8 and $2.2.
Take Profit Levels: Aim for profits around $3 or $4.
Stop Loss: Set a stop loss at $1.6.
🌐 Note: ARB's movement above key levels and the potential support-to-resistance transition make it an interesting opportunity.
ARB Nears All-Time High! Key Levels to WatchThe cryptocurrency ARB is getting close to its all-time high (ATH) of $2.1514 on the weekly chart! If the price breaks above this resistance level, it could signal further gains for the token. However, if the price can't break through , it could find support at $1.7156, which was the previous ATH.
Technical Analysis:
Resistance: $2.1514
Support: $1.7156 ✅
Relative Strength Index (RSI): 65
Moving Average Convergence Divergence (MACD): Bullish!
Volume Analysis:
The volume of ARB has been steadily increasing over the past few weeks, which is a bullish sign! This suggests that there's strong buying pressure behind the token.
Conclusion:
The technical and volume indicators for ARB are looking good, suggesting that the price could continue to rise in the near future.
The information provided in this article is not intended as financial advice. Please do your own research before making any investment decisions.
ARB after the pullback will go up to the next resistance zone ARB after the pullback will go up to the next resistance zone. The buy zone is around the trendline
🔵Entry Zone 1.8222 - 1.8918
🔴SL 1.6664
🟢TP1 1.9698
🟢TP2 2.1468
🟢TP3 2.2698
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
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ARBUSDT Elliott Waves (Local Setup)Hello friends.
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Everything on the chart.
Entry: Market and lower (im in pos from 1.88)
Targets: 2.3 - 2.6 - 2.8
after first target reached move ur stop in breakeven
Stop: under 1.6 (depending of ur risk).
RR: 1 to 3
ALWAYS follow ur RM.
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions
ARBUSDT Bullish SetupBYBIT:ARBUSDT.P appears to have a confirmed break out of the trend line and currently taking support with the successful retest of the fibs we can consider longing it to the black line which is the resistance and if the break out of the black lion occurs and consolidation above the black line happens or a Re-test I will look for further longs for swing trades.
#ARB Pullback to structure and 61.8 FiboIn time h4, after correction in a descending channel, it is now out of the channel, which can be prepared to continue the upward path after the pullback to 618 Fibo, which is currently a resistance level, confirming the failure of the descending structure. Therefore, at the specified level, it is possible to continue the upward trend with confirmation.
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ARB target 44h time frame
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ARB creating a potential triangle structure, which is also a continuation structure of the wave from 0.76~2.42. Furthermore, this is the possible 2nd wave of Elliott impulse wave, that perform as a correction for previous pump. Therefore, if ARB go back to the uptrend line of triangle again, there is an opportunity to open long.
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TP: 4
SL: 1.5
Arbitrum | ARB ( Whales buy the dip )The price of Arbitrum is $1.48 today with a 24hour trading volume of 818 million dollar. This represents a 12.50% price increase in the last 24 hours with a circulating supply of 1.3 Billion ARB.
Whales buy the dip! but why ? after Arbitrum started distributing governance tokens to eligible decentralized autonomous organizations, some whales have been adding to their stacks.
Earlier today, one address holding 1.95 million Arbitrum governance tokens, worth roughly $2.7 million, received nearly 200,000 dollar in ARB from Binance at the time, the price of one token was 1.38
Not long before, a second address holding 1.78 million governance tokens ,worth 2.5 million dollar, spent 80 ETH on buying roughly 146,000 worth of ARB at 1.34 dollar per token.
Arbitrum, the leading Layer 2 network on Ethereum, began distributing governance tokens to DAOs earlier this week. Its core team previously designated 1.13% of the overall 10 billion governance token supply, equivalent to 113 million ARB with a current value exceeding 145million, to be distributed among qualifying projects in the Arbitrum ecosystem. he distribution of governance tokens to DAOs is intended to help bootstrap activity on the Arbitrum network. The tokens may be allocated to projects' treasuries or used for other objectives, as determined by the respective DAOs.
Projects receiving governance tokens include Uniswap, Sushi, Aave, GMX, Hop Protocol, Radiant Capital, Balancer, Synapse, MakerDAO, Curve, Layer Zero and 1inch.
next targets are 1.5 and 1.5$
Waiting on breakout for LONG Trade - ARBBINANCE:ARBUSDT (1D CHART) Technical Analysis Update
ARB is currently trading at $1.8838 and showing overall bullish sentiment. Price is playing inside the triangle and tested the support zone multiple times and now its looking to bounce back from the support. This bounce back could break the resistance. We are looking at a LONG trade if the price breaks the resistance line.
Entry level: $ 2.2188 (after candle close above this price)
Stop loss level: $ 1.7284
Target 1: $ 2.395
Target 2: $ 2.624
Target 3: $ 3.024
Target 4: $ 3.6069
Max Leverage: 3x
Don't forget to keep stop loss.
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GreenCrypto
Should you buy this layer-2 token?Arbitrum stands out as a premier layer-2 scaling solution, witnessing a remarkable surge in its token price, soaring by over 300% from its recent low of $0.5 to $2.4. This surge has captivated the attention of investors, especially amidst the bullish sentiments of 2024. Presently, the token's trajectory indicates a bearish trend, hovering close to its support level of $1.7, which also aligns with the 0.618 Fibonacci retracement level. An anticipated unlocking of $2 billion worth of tokens is slated for March 16, 2024. Following this event, there may be opportunities to acquire the token at levels of $1.5 and $1.2.
ARBUSDT Elliott Waves AnalysisHello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
Entry: Market and lower
Target: 2.3 - 2.5 - 2.7
after first target reached move ur stop to breakeven
Stop: (depending of ur risk). ALWAYS follow ur RM .
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions
BTC.D : ALT SEASON = Dominance Hi Guys ,
Bitcoin dominance chart shows that it has been in an ascending channel for a long time and after hitting the ceiling of the channel, it is now ready to fall with the change of structure. We can expect a good altcoin season.
SecondChanceCrypto
⏰ 19/FEB /24
⛔️DYOR
Always do your research.
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STGUSDT H4Hi Guys Hope You well
We are now Here to share you our idea.
Do the best .
SecondChanceCrypto
⏰ 19/FEB /24
⛔️DYOR
Always do your research.
If you have any questions, you can write them in the comments below and I will answer them.
And please don't forget to support this idea with your likes and comments.