📈 $ARB continues to develop growth
According to my previous forecast for Arbitrum, the price has already risen by +22%. At the same time, the growth is accelerating.
We can observe a typical break of the downward trend 📉. This is characterized by the price simultaneously breaking the trendline under which the decline was occurring, as well as the nearest resistance level.
In this case, it is expressed in the breakout and the beginning of the formation of a "bullish wedge" and "bullish divergence". The resistance level here was marked at ~$0.31.
In the coming months, I expect a recovery of Arbitrum and similar altcoins 📈