$ARB As of May 4, 2025, Arbitrum's native token, ARB, is trading at approximately $0.3188, reflecting a slight decline of 3.93% over the past 24 hours.
📊 Market Overview
Market Cap: ~$1.52 billion
Circulating Supply: ~4.76 billion ARB
24h Trading Volume: ~$113 million
All-Time High: $8.67 (March 23, 2023)
All-Time Low: $0.2438 (April 7, 2025)
📈 Technical Analysis
Trend: ARB has been in a prolonged downtrend since its peak in early 2023.
Resistance: Around $0.45, aligning with the 50-day Simple Moving Average (SMA).
Support: Near $0.29, its recent all-time low.
Relative Strength Index (RSI): Approximately 42, indicating neutral to slightly bearish momentum.
$ar🔍 Investor Sentiment
Long Positions: Data from Coinglass indicates that 73% of top traders on Binance are holding long positions on ARB.
Accumulation: Investors continue to accumulate ARB tokens, suggesting confidence in potential price recovery.
🔮 Price Predictions
Short-Term: Analysts predict a cautious outlook, with potential resistance around $0.45.
Mid to Long-Term: Some experts foresee a potential surge, with price targets ranging from $2.00 to $2.20, contingent on market conditions and network developments.
Risks and Considerations
Token Unlocks: A significant portion of ARB tokens remains locked. Future unlocks could introduce selling pressure.
Market Volatility: As with all cryptocurrencies, ARB is subject to market fluctuations and broader economic factors.
If you're considering investing in ARB or seeking more detailed analysis, feel free to ask for specific information or guidance.
