Breaking: Arbitrum Surged 12% Today- Enroute Bullish BreakoutArbitrum spike 12% today amidst the general crypto dip. The Ethereum layer-two (L2) scaling solution that uses optimistic rollups to achieve its goal of improving speed, scalability and cost-efficiency on Ethereum was in a prolong dip that saw its token dipped to $0.37 level with growing momentum a breakout above the $0.622 resistant point could pave way for major breakout for AMEX:ARB coin as that is the current barrier holding AMEX:ARB from breaking Out.
With the Relative Strength Index (RSI) at 43, AMEX:ARB could capitalize on this growing momentum. Further validating the bullish thesis is the fact that AMEX:ARB is trading below key moving averages.
Data from DefiLlama shows about $2.576 Billion is locked in the Arbitrum ecosystem. This numbers shows a level of trust placed on the layer 2 ecosystem. Similarly, about $1.276 Billion volume has been circulated in the Arbitrum ecosystem for the past 3 days.
Arbitrum Price Live Data
The live Arbitrum price today is $0.424093 USD with a 24-hour trading volume of $393,289,251 USD. We update our ARB to USD price in real-time. Arbitrum is up 11.42% in the last 24 hours, with a live market cap of $1,874,197,514 USD. It has a circulating supply of 4,419,312,625 ARB coins and the max. supply is not available.
Arbitrumanaliz
Long-Term ARB Coin Analysis! Where Will We Buy?#ARB
We believe that unless ARB coin closes daily candles above the resistance level of $2.165, it will initiate a downward movement. However, for it to experience a decline, it first needs to break below the support of $1.933, followed by daily candle closures below the $1.743 support.
For ARB coin, our areas for spot buying are as follows: $1.544 - $1.409 levels (Blue lines). If a downturn occurs to our buying zones, we will invest for the long term. If the price continues its upward trend without reaching our buying zones, we will cancel the analysis.
However, our buying orders will be placed at $1.544 - $1.409 levels unless it surpasses the resistances of $2.165 - $2.42.
WAGMI
NFA
$ARB #Arbitrum preparing for the skies...As i said in my previous ideas, #ARB is heavily undervalued and I say this again. AMEX:ARB must reclaim new highs and ATH. This L2 season will be insane. Op has started the race, now it' s the time for ARB and MATIC / Polygon.
In short time frame, the cup has formed and now the price is forming the handle. If declination does not come from the last week' s top, $Arbitrum price will likely visit the previous All Time High.
NOT FINANCIAL ADVICE.
$ARB #arbitrum is looking strong for a new hypeI especially pick #arb 's #eth pair to show the strenght of LSE:ARB
Long time horizontal accumulation and double bottom worked. Now ready to send.
And a reminder: Such as powerful L2 , #arbitrum 's market cap is undervalued.
NOT FINANCIAL ADVICE.
$GRAIL is preparing for mooning..#Grail is #camelotexchange 's native token. Camelot is #Arbitrum 's one of the leading exchange. With #ARB 's moving , GRAIL has started the bull run.
Now , #GRAIL is testing the resistance. I pointed the targets on chart whether price declination or breaking out. Grail' s market cap is extremely low for a leading exchange. I think it' s undervalued. But , beware if LSE:ARB or MIL:BTC dumps , grail will dump faster. Always, DYOR.
NOT FINANCIAL ADVICE.