Analysis of Currency #ARB :
The price of Arbitrum is moving within a descending channel pattern on the daily chart🔍
The price has bounced from the average support level after recent declines and shows signs of recovery💁♂️
A sustained breakout above the 100 moving average and the channel resistance at $0.35 could drive the price towards targets at $0.42, $0.50, $0.66, $0.83, and $1.15🎯