#ARB🔥🔥🔥
is Rising Again! ARB Investors, Take Note!
#Arbitrum (ARB), once one of the most popular Layer- crypto projects, is showing signs of bouncing back after a long slump.
Back in March 2023, ARB hit a high of $2.40, and many believed it was a long-term winner. But soon after, things went downhill fast. The price dropped nearly 90%, falling all the way to $0.30.
Many investors who bought in—often influenced by local crypto influencers—saw their investments shrink massively. For example, 100,000 TL turned into just 10,000 TL, and ARB was called a “loser coin” by many.
But now, the price seems to be stabilizing. The $0.32–$0.34 range has been acting as a strong support zone. Buyers stepping in at these levels have been helping push the price back up, and the downtrend is starting to weaken.
Current Price: $0.4585
Last 24 Hours: Down 5%
Key Resistance Level: $0.50
The $0.50 mark is a psychological barrier. It’s been tested a few times before but never fully broken. What’s different now? Trading volume is rising, and the overall market mood is more positive.
Technical Indicators:
been showing a buy signal since $0.3741.
However, the 200-day EMA is still higher, sitting at $0.5722.
For this recovery to last, ARB needs to close above $0.5722 on the daily chart. If that happens, the next possible targets are:
$0.66
$0.80
Even though these are still below ARB’s all-time highs, they could signal a strong recovery and help rebuild investor confidence.
⚠️ Reminder: This is not financial advice. Translations might include some small errors. Always do your own research. Feel free to share your thoughts in the comments!
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