ARB has decisively broken above a long-term downward trendline after forming a strong double-bottom near $0.26, signaling a potential trend reversal.
The breakout is supported by increased volume and a shift from price compression to expansion, with immediate support now established at $0.38.
Support is crucial at $0.4787, assuming the recent support is maintained; a breach of $0.38 may result in a resumption in downside momentum.
ARB has just officially broken out of its long-term downtrend after hitting a clear double-bottom near the $0.26 level. On the 2-week chart, this breakout follows nearly six months of consolidation within a demand zone stretching from $0.26 to $0.38. The latest candle confirms a decisive move above the downtrend resistance, with the current price trading at $0.4612.
This breakout comes as the wider market, particularly Ethereum, shows signs of increased activity. With Layer 2s typically reacting to ETH momentum, technical traders are closely watching ARB’s next levels.
Price Structure Shifts From Compression to Expansion
For most of 2025, ARB traded within a narrow range under downward pressure. The chart confirms repeated tests of the $0.26 support, each met with buying interest. These reactions formed a double-bottom pattern, often associated with trend reversals.
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Recently, price crossed the diagonal resistance for the first time since March. The breakout was accompanied by increased volume, registering $54.06 million during the period. Following this shift, ARB has remained above $0.38 — a level now serving as its immediate support.
This support range aligns with the demand zone highlighted on the chart. So far, price has respected this level for multiple weeks. However, a close below $0.38 may reintroduce pressure toward $0.26, which remains the next major support.
Immediate Resistance and Price Action Levels
ARB’s resistance zone currently lies at $0.4787, slightly above the latest trading level. Price reached an intraday high of $0.4860, marking a fresh local peak. The support for the day was found at $0.4511, with price movement staying within a tight $0.035 range.
Notably, the price rose 0.6% in the last 24 hours and is up 24.22% from its most recent low. If ARB holds above $0.38 in coming sessions, technical targets remain set at $0.90 and $1.20. However, failure to maintain this support would shift attention back to the lower demand zone.
The post ARB Breaks Downtrend, Eyes $0.90 and $1.20 After Key $0.38 Support Breakout appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
