Arbitrum ARB price analysis. Will growth resume soon?
Recently, #ARB showed a pretty impressive growth impulse, hitting the same long-term trendline for the fourth time in the past 3 years.
Of course, breaking a trendline like that on the first attempt is not easy, so the current correction in OKX:ARBUSDT looks quite logical.
But not everything is lost yet. There is still a pretty decent chance to catch roughly a 2x move and, at the same time, help #Arbitrum finally break out of its multi-year downtrend. 🙂
What needs to happen?
Not much, really: COINBASE:ARBUSD needs to hold the $0.12–0.133 range and then try to continue the growth wave from there.
If this zone holds, the scenario still looks quite workable.
💬 Realistic or not?
_ _____________
◆ Follow us ❤️ for daily crypto insights & updates!
🚀 Don’t miss out on important market moves
🧠 DYOR | This is not financial advice, just thinking out loud
TITradingView Ideas15 Sept