Arbitrum (ARB), a cryptocurrency that recently showed up among the supported chains for
PayPal's $850M PYUSD Stablecoin, has been struggling below
$0.50 due to bear pressures on key support zones. There has been volatility in ARB's price, with possibilities of its value breaking out to $1.50 and $2.00. ARB also exhibits the potential for a bullish reversal, as consolidation near $0.30 could set the stage for such a scenario.
Robinhood's recent partnership with ARB sparked recovery hopes as Bulls eye a $0.40 breakout. Meanwhile, technical and on-chain data combined hint at a surge towards $0.95. Furthermore, the announcement of PayPal's PYUSD integration with ARB has triggered expectations of a price breakout to $1 and beyond.
Arbitrum's on-chain activity has also continued to rise, reaching record highs and hinting at another price surge for the digital asset. Despite the ups and downs in the ARB price landscape, the all-time low for ARB might be retested amid bearish momentum. In terms of investment potential, ARB is speculated to spike by as much as 150%, making it a lucrative opportunity for cryptocurrency enthusiasts.
Robinhood, one of the leading financial services companies, recently chose to launch the trading of tokenized stocks on Arbitrum, solidifying ARB's role in the fast-advancing crypto-asset marketplace.
ARB Coin News Analytics from Mon, 07 Jun 2021 13:30:59 GMT to Wed, 22 Oct 2025 20:25:42 GMT -
Rating 7
- Innovation 6
- Information 8
- Rumor -4
