Get started

ARB / TetherUS

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Markets

ARBUSDT trade ideas

Brief Analysis——ARBIn yesterday's analysis, we talked about the development advantages of Layer 2 and Optimism. Today we look at the current situation of Arbitrum, another Layer 2 leader, and ARB token. When it comes to ARB, you can always think of the airdrop when Arbitrum logged into the mainnet in March this year. Many airdrop hunters have accumulated huge wealth through ARB. However, a large number of airdrops also suppressed the rise of ARB. Unlike Optimism, Arbitrum did not have whitelist restrictions on projects in the early period, making many native projects such as GMX and Radiant highly innovative and closer to C-end users. This can also be proven by the activity STIP launched by Arbitrum not long ago. Before the launch of Op Stack, we believed that OP and ARB were highly comparable. But precisely because of the huge amount of airdrops, ARB encountered strong resistance. A good airdrop hunter is not necessarily a good investor. But after the launch of OP Stack, Arbitrum really fell behind Optimism. But it still has advantages compared to other blockchains. Its TVL currently ranks fourth among all block-chains, and its 24h volume ranks third. Stay ahead of the curve when it comes to user experience. Back to technical analysis. Both Layer 2 and ETH experienced gains last weekend. However, ARB did not break above April's high. And after the long green candle, there is a long period of fluctuation. This is a classic follower characteristic. We use three green ranges to distinguish different phase of ARB's rise. Whales were primarily involved in the second phase of the rise. The rise in the first and second phase is not obvious, but more like a wide range of fluctuations. Later, driven by the market, ARB began to rise in the third period, forming a major increase. During the rise, there were no whales. But during the subsequent fluctuations, we can see a significant increase in whales, which may be a sign of whales taking profits. Then ARB had a long upper pin-bar yesterday, and the bullish trend may be ended. Switching to the 4h level, we can see that in the last wave of rise, there were not many blue bars representing whales. What followed was one-day-decline. Price are now near previous highs and a rebound is possible, but the uptrend may be coming to an end. In summary, we believe that ARB has innovation and excellent customer experience, and is a token worth paying attention to. However, due to the large number of airdrops in the past, there may be a lot of trouble before breaking ATH. In the short term, destructive candles have appeared, followed by a period of correction or shock. Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies. Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
by Sypool
ARB looks bullishOn our chart we have ascending CH and BOS. Bullish momentum is good. We have also had a good Break Out on the chart. A supportive swap zone is formed which is our Buy Zone. If it pulls back to the green range, you can enter a buy/long position. TPs are clear on the picture. Fixing a daily candle below the green range will violate the analysis 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
Long
by behdark
2
Will ARB deliver what is expected? Potential bullish zone %60ARB did not perform as expected during Bitcoin's recent rise. A pricing may come to collect the losses in BTC parity and to remind that it is one of the hype projects in the bull. It has a valuation of only 3% in the last 30 days. This rate is quite low for this project, so it is possible to see a positive pricing rally in the coming days! Potential targets and levels to watch. TP1: 1.58$ TP2: 1.82$ Come on, fire it up!
Long
by fsallnet
ARB Lights the Path: Get In on the Buy Action Today!"**Arbitrum (ARB) Fundamentals** Arbitrum is a layer-two scaling solution for the Ethereum blockchain. It uses optimistic rollups to achieve enhanced scalability and lower transaction fees without compromising security. Arbitrum is compatible with the Ethereum Virtual Machine (EVM), allowing developers to seamlessly deploy existing Ethereum applications to the Arbitrum network. The native token of Arbitrum, ARB, is used for governance and transaction fees. **Recent News** * **Arbitrum One's Total Value Locked (TVL) Reaches $3.2 Billion** (December 19, 2023) - Arbitrum One's TVL has been steadily increasing in recent months, reaching a new all-time high of $3.2 billion. This growth is attributed to the increasing adoption of Arbitrum by developers and users seeking to avoid Ethereum's high gas fees. * **Arbitrum Launches Stylus, EVM+ Equivalence Feature** (December 16, 2023) - Stylus, Arbitrum's EVM+ equivalence feature, was officially launched. Stylus allows developers to deploy smart contracts written in popular programming languages like Rust, C++, and more, to Arbitrum without sacrificing compatibility with the Ethereum ecosystem. * **Arbitrum DAO Approves Security Council Elections** (December 9, 2023) - The Arbitrum DAO has approved the creation of a Security Council to oversee the governance and security of the Arbitrum network. The Security Council will be composed of 11 members, with 5 elected by the DAO and 6 chosen by the Arbitrum team. **Disclaimer** Please note that this information is not financial advice and should not be construed as such. Any investment decisions you make should be based on your own research and risk tolerance.
Long
by MoonTradingForecast
ARBITRUM UPDATE - $1.4-6 ON THE HORIZON The last prediction, call it signal I gave on BINANCE:ARBUSDT made a whooping 6% outrightly without delay and after studying the chart contextually, I have spotted an interesting opportunity technically. Seems ARBITRUM will be making a new swing high that can present to us another 20% minimum gain and 30-35% if all analysis is correct technically and according to my primary strategy - Elliott Wave Theory. Invalidation level is clearly. Check update/comment section for contextual chart view also see previous analysis about ARB on my page for context.
Long
by DewyCandles
17