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ARBUSD trade ideas

🚀 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 $1.6. 🌐 Note: ARB's movement above key levels and the potential support-to-resistance transition make it an interesting opportunity.
COINBASE:ARBUSDLong
by Richtv_official
Arbitrum ($ARB) Poised for Further CorrectionAfter reaching an all-time high of $2.4, Arbitrum underwent a minor correction. Currently, the asset is trading near the support zone of $2.0–$2.05, which has been tested twice in the past few days. The most likely scenario is for the asset to resume its upward movement from this support zone. In this case, the nearest resistance level would be at $2.227, where a significant number of sell orders are concentrated. If buyers manage to surpass this level, the asset could continue its upward trajectory toward the next resistance zone at $2.33–$2.40, maintaining the potential for setting new all-time highs. A deeper correction for Arbitrum is only conceivable if a similar scenario unfolds on the BTC chart. Under such circumstances, LSE:ARB could retreat to support levels at $1.97 and $1.85–$1.90.
COINBASE:ARBUSD
by DEXWireNews
Arb to $26.66inverted h&s. backtest of both neckline and previous ATH. continuation pattern. this is the coin you want to be parked in for the bull run. this will be the one. 2024 the year of the L2. with so much talk about BTC one can only forget about ETH. ETH in general is a sleeping giant, I expect her to unleash her power on the market thru L2's and then roll the profit back into ETH towards 2025. ARB is a (12month) hold, I expect the price to continue up (forever). if you're going to be in this market you better be risking the house on the dankshard. one love, peace and prosperity.
COINBASE:ARBUSDLong
by wp3p62knjc
3
Arbitrum One Dominates the L2 Scene Leaving Rivals in the Dust Arbitrum One has emerged as a frontrunner, achieving a remarkable milestone by surpassing $10 billion in Total Value Locked (TVL). This substantial feat places Arbitrum One ahead of its closest competitor, Optimism, by a staggering $4.6 billion. Additionally, the upcoming project Blast has already generated significant buzz, boasting an impressive TVL of $1 billion, even before its official launch. The Unprecedented Rise: Arbitrum One's journey to the $10 billion TVL mark has been nothing short of extraordinary. As a second-layer blockchain solution, it has managed to outpace its rivals and establish itself as a powerhouse within the decentralized finance (DeFi) ecosystem. This achievement not only underscores the platform's growing popularity but also highlights the increasing demand for scalable and efficient blockchain solutions. Blast: A Project on the Horizon: One of the most intriguing aspects of the current blockchain landscape is the anticipation surrounding the yet-to-be-launched project, Blast. Despite not having officially debuted, Blast has already accumulated a TVL of $1 billion. This unprecedented level of interest and investment in a pre-launch phase signals a paradigm shift in how investors and enthusiasts approach new blockchain ventures. Arbitrum Token's Meteoric Rise: Accompanying Arbitrum One's impressive TVL milestone is the notable surge in the value of the Arbitrum token. Reaching an all-time high price of $1.83, the token experienced a remarkable 60% rally over the past month. This surge in value reflects a growing confidence in the Arbitrum ecosystem and raises questions about the potential long-term impact on the broader cryptocurrency market. The Power of Second-Layer Solutions: Arbitrum One's success is not only a testament to its own capabilities but also shines a spotlight on the importance of second-layer solutions in the blockchain space. As scalability issues continue to plague some of the major blockchains, second-layer solutions like Arbitrum One are proving instrumental in addressing these challenges and providing users with faster and more cost-effective transactions. Arbitrum One's journey to a $10 billion TVL milestone, coupled with the anticipation surrounding the upcoming Blast project and the significant surge in the Arbitrum token's value, paints a compelling picture of a blockchain platform on the rise. As the ecosystem continues to evolve, the success of Arbitrum One underscores the demand for scalable and efficient solutions, solidifying its position as a key player in the future of decentralized finance.
COINBASE:ARBUSDLong
by DEXWireNews