Arbitrum ($ARB ) shows strong growth: price $0.5056, +10.25% in 24 hours! 📈 This Layer 2 protocol on Ethereum, using Optimistic Rollups, is gaining attention due to scalability, TVL at $3.2B, and support from Binance Launchpool.
Analytics: On the daily chart $ARB is moving above the 50 EMA, RSI (60) is in the neutral zone, and trading volumes ($280M) confirm bullish momentum. Key levels: support at $0.48, resistance at $0.55. Short-term forecast: a breakout at $0.52 could raise the price to $0.60 within 1-2 weeks. Long-term: growth of the dApp ecosystem (Uniswap, Aave) and partnerships could push ARB to $1.5-$2 by the end of 2025, according to Coinpedia. Positive ETH trend and staking enhance optimism.
Risks: Token unlocks and competition with ZKsync require caution. DYOR!
💬 Will we break $ARB $0.7 or see a correction? Share your forecasts in the comments! Subscribe to not miss the latest analytics and insights! 📡 #ARB #Binance #Crypto #Trading #Altcoins