Arbitrum Hits $0.4778 and Targets $0.5479 as Channel Top Nears

Arbitrum moved above $0.45 and now targets $0.5479 as price approaches the upper trendline zone.

Fibonacci levels show $0.5479 and $0.6645 as the next key zones if $ARB breaks the current setup.

The move from $0.30 to $0.48 has created higher lows which show strong pressure building to the upside.

Arbitrum ($ARB) is trading at $0.4778 after a +6.25% rise, climbing toward the upper boundary of its descending price channel. Shared on July 19, 2025, by analyst @ali_charts, the technical setup shows $ARB steadily tracking through layered Fibonacci zones. The asset recently broke above $0.45 and is now targeting higher channel resistance above $0.56.