Arbitrum (ARB), a rising star in the cryptocurrency market, have garnered substantial attention from investors recently.
Price predictions indicate a potential break towards $0.30 amidst a falling wedge compression. Despite a heavy sell-off and its price dropping to 3-month lows near the $0.20 zone, the coin's
resilient support zones suggest a bullish reversal. ARB price soars on potential PayPal deal, which can reportedly fuel a
breakout to $1 and beyond. This encouraged analysts to eye a major reversal, particularly after breaking key resistance at $0.36. A possible 200-day range breakout has also put a $0.95 target in sight.
On a technical level, there are hints of strong on-chain growth, suggesting an upside despite potential corrective risks.
ETH strength and rising liquidity are reportedly fueling a bold $20 outlook for 2025. Apart from PayPal's possible integration, ARB shows strength as it appears among supported chains for
PayPal's $850M PYUSD stablecoin.
It's also worth mentioning that
ArbitrumDAO's incentive for Defi growth, involving a 24M ARB token rollout, could significantly boost ARB's network strength. ARB also displays bullish momentum as Robinhood listing gets underway, which fueled price to leap by 10%, however, the coin remained trapped in a bearish pattern. Even with this, ARB's potential 150% spike shows that arbitrum bulls are persistent.
ARB Coin News Analytics from Mon, 07 Jun 2021 13:30:59 GMT to Wed, 10 Dec 2025 04:23:29 GMT -
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- Information 7
- Rumor 1