Crypto analyst The Crypto Titan’s forecasts a potential 100% price surge for Arbitrum (ARB) token based on technical analysis. The prediction stems from ARB’s consistent pattern of higher lows and an intact uptrend, as shared on X.
What you'll learn 👉
ARB Technical Analysis Points to Strong Uptrend
The analysis reveals ARB’s formation of a descending wedge pattern that broke upward, marking a shift from the previous downtrend. The token established multiple higher lows, strengthening the bullish case for continued upward movement.
According to CoinGecko data, ARB trades at $0.7953, recording a 1.67% gain in 24 hours and a 0.58% increase over seven days.
The demand zone between $0.65 and $0.87 serves as a strong support level where buyers show sustained interest. The token’s launching price of $0.43 acts as a historical support foundation.
The analysis identifies $1.218 as a key resistance level where selling pressure may emerge. The Crypto Titan’s suggests a potential price target around $1.30, representing an approximate 100% increase from current levels.
Read also: Cardano (ADA) Price Could Hit $12, Expert Predicts – Here’s Why
Market Position and Trading Volume
Current market indicators show ARB maintaining momentum with a 24-hour trading volume of $338,196,014. The token continues to form higher lows while preserving its uptrend structure.
The Crypto Titan’s reports maintaining hold positions and accumulating additional tokens during recent price dips, particularly in the $0.65-$0.70 range. This accumulation strategy aligns with the identified support levels and broader market structure.
The bullish outlook draws support from ARB’s ability to maintain its upward trajectory despite market swings. Trading data demonstrates sustained market participation, with volume indicators supporting the potential for continued price appreciation. The analysis emphasizes the token’s resilience in maintaining its trend structure while forming consecutive higher lows.
Follow us on X (Twitter), CoinMarketCap and Binance Square for more daily crypto updates.
Get all our future calls by joining our FREE Telegram group.
We recommend eToro
Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs.
Copy trading: allows users to copy the trades of leading traders, for free.
User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
