bullish

Arbitrum

Pepe

<p>The Arbitrum price prediction reveals that ARB is moving bullishly with a gain of 2.92%, as the coin prepares for a bullish cross.</p>
<h2 id="arbitrum-prediction-statistics-data">Arbitrum Prediction Statistics Data:</h2>
<ul>
 <li>Arbitrum price now – $0.53</li>
 <li>Arbitrum market cap – $2.16 billion</li>
 <li>Arbitrum circulating supply – 3.98 billion</li>
 <li>Arbitrum total supply – 10 billion</li>
 <li>Arbitrum Coinmarketcap ranking – #41</li>
</ul>
<p>Getting into crypto projects early can often lead to strong returns, as shown by ARB’s price journey. In the past 24 hours, <a href="https://insidebitcoins.com/news/arbitrum-price-prediction-for-today-december-22-arb-technical-analysis" rel="noopener noreferrer nofollow">ARB has ranged between $0.5213 and $0.5495, while its all-time high was $2.40 on January 12, 2024, marking a drop of about 77.33% since then</a>. Interestingly, its all-time low of $0.4317 on August 5, 2024, was followed by a rise of around 25.9%. Observing these patterns in ARB’s price history may provide useful insights for those considering investing.</p>
<h2 id="arb-usd-market">ARB/USD Market</h2>
<p>Key Levels:</p>
<p>Resistance levels: $0.65, $0.70, $0.75</p>
<p>Support levels: $0.40, $0.35, $0.30</p>
<figure id="attachment_592895" aria-describedby="caption-attachment-592895" style="width: 100%" class="wp-caption alignnone"><img decoding="async" class="wp-image-592895 size-full" src="https://insidebitcoins.com/wp-content/uploads/2024/10/ARBUSD_29102024.png" alt="Arbitrum Price Prediction for Today, October 29 – ARB Technical Analysis" width="1437" height="738" srcset="https://insidebitcoins.com/wp-content/uploads/2024/10/ARBUSD_29102024.png 1437w, https://insidebitcoins.com/wp-content/uploads/2024/10/ARBUSD_29102024-300x154.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/10/ARBUSD_29102024-1024x526.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/10/ARBUSD_29102024-768x394.png 768w" sizes="(max-width: 1437px) 100vw, 1437px">
 <figcaption id="caption-attachment-592895" class="wp-caption-text">
  ARBUSD – Daily Chart
 </figcaption>
</figure>
<p><a href="https://coinmarketcap.com/currencies/arbitrum/" rel="noopener noreferrer nofollow">ARB/USD recently experienced notable technical movements, trading near the 9-day and 21-day moving averages. Any break above this barrier could push the coin toward the upper boundary of the channel</a>. Following the previous upward channel formation, ARB experienced a breakdown through its established support, threatening its bullish trajectory. Despite this, the price is currently attempting to re-enter the same channel, signaling a potential recovery.</p>
<h2 id="arbitrum-price-prediction-would-arb-usd-break-to-the-upside">Arbitrum Price Prediction: Would ARB/USD Break to the Upside</h2>
<p>The Arbitrum price is currently trading within the 9-day and 21-day moving averages. Meanwhile, an increase toward the upper boundary of the channel could trigger intense buying to the resistance levels of $0.65, $0.70, and $0.75 respectively. However, if ARB/USD manages to re-enter the channel, the initial target level lies near $0.61, aligning with the significant downtrend resistance line. Moreover, this level could be crucial for assessing further momentum, as it has previously acted as a barrier to upward movements.</p>
<p><iframe title="Massive Breakout Of Arbitrum (ARB) Crypto Coin" width="640" height="360" src="https://www.youtube.com/embed/Dm75nT-GfYo?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe></p>
<p>On the contrary, the Arbitrum price may likely hold a support level at $0.50 which could be the daily low. Therefore, if the Arbitrum price drops below this support level, it may likely hit the closest support at $0.45. Meanwhile, the critical supports could be located around $0.40, $0.35, and $0.30 if the selling volume increases. Nevertheless, the 9-day MA is likely to cross below the 21-day MA but the market may gain more upwards if it heads to the upside.</p>
<h2 id="arb-btc-may-continue-the-bearish-movement">ARB/BTC May Continue the Bearish Movement</h2>
<p>Against Bitcoin, <a href="https://insidebitcoins.com/news/arbitrum-price-prediction-arb-leaps-9-is-layer-2-scaling-gaining-traction" rel="noopener noreferrer nofollow">the buyers failed to push the Arbitrum price above the 9-day and 21-day moving average within the channel</a>. Meanwhile, from the upside, the nearest level of resistance lies near the upper boundary of the channel at 880 SAT and above.</p>
<figure id="attachment_592894" aria-describedby="caption-attachment-592894" style="width: 100%" class="wp-caption alignnone"><img decoding="async" class="wp-image-592894 size-full" src="https://insidebitcoins.com/wp-content/uploads/2024/10/ARBBTC_29102024.png" alt="Arbitrum Price Prediction for Today, October 29 – ARB Technical Analysis" width="1437" height="738" srcset="https://insidebitcoins.com/wp-content/uploads/2024/10/ARBBTC_29102024.png 1437w, https://insidebitcoins.com/wp-content/uploads/2024/10/ARBBTC_29102024-300x154.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/10/ARBBTC_29102024-1024x526.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/10/ARBBTC_29102024-768x394.png 768w" sizes="(max-width: 1437px) 100vw, 1437px">
 <figcaption id="caption-attachment-592894" class="wp-caption-text">
  ARBBTC – Daily Chart
 </figcaption>
</figure>
<p>In other words; the nearest support could be located at 700 SAT, if the price drops further to create a new low, lower support could be found at 620 SAT and below. Meanwhile, if the 9-day MA crosses above the 21-day MA, this could be a confirmation that the market may follow the upward movement.</p>
<p>Nonetheless, @rhaonnor explained to his followers on X (formerly Twitter) that $ARB has already tapped into the liquidity from the upper zone and is now poised to target the liquidity in the lower zone as a natural progression.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24ARB&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$ARB</a> took the liquidity from the upper zone.</p>
 <p>It will inevitably take the liquidity from the lower one. <a href="https://t.co/nXAGdgGSAp" rel="noopener noreferrer nofollow">pic.twitter.com/nXAGdgGSAp</a></p>
 <p>— Rhaonnor (@rhaonnor) <a href="https://twitter.com/rhaonnor/status/1850972495513637016?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">October 28, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<h2 id="arbitrum-alternatives">Arbitrum Alternatives</h2>
<p>The Arbitrum price is currently trading around the $0.53 level so that it may cross above the moving averages. Meanwhile, in the range of the descending channel, the closest resistance could be located at $0.55, with a close resistance at $0.60. However, if the market increases, additional resistance can be found near the upper boundary of the channel. At the moment, <a href="https://insidebitcoins.com/visit/pepeunchained" rel="noopener noreferrer nofollow">Pepe Unchained is positioned to capitalize on an anticipated ‘Meme Coin Super Cycle,’ with significant fundraising nearing $23.4 million and strategic development</a> focused on a dedicated Layer 2 blockchain for meme coins. Market sentiment is currently optimistic, though not yet in overbought territory.</p>
<p><strong>Pepe Unchained Passing $23 Million</strong></p>
<p><iframe title="Pepe Unchained Passing $23 Million! Pepe Unchained Could Lead The Meme Super Cycle!" width="640" height="360" src="https://www.youtube.com/embed/NZRvtDlAicA?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe></p>
<p>Pepe Unchained’s Layer 2 aims to deliver increased speed, low fees, and robust security, making it an attractive option for investors looking to enter the market early. <a href="https://www.youtube.com/watch?v=NZRvtDlAicA" rel="noopener noreferrer nofollow">The project’s Builder Grants also make Pepe Unchained appealing to developers, who can contribute to its ecosystem through grant-funded applications</a>. With analysts projecting up to a 10x return, this is a prime chance to join the next big meme coin movement.</p>
<p><a href="https://insidebitcoins.com/visit/pepeunchained" rel="noopener noreferrer nofollow">Visit Pepe Unchained</a></p>
<h2 id="related-news">Related News</h2>
<ul>
 <li><a href="https://insidebitcoins.com/news/arbitrum-price-prediction-arb-soars-21-as-expert-says-these-breakthrough-ai-platforms-might-10x-in-2024" rel="noopener noreferrer nofollow">Arbitrum Price Prediction: ARB Soars 21% As Expert Says These Breakthrough AI Platforms Might 10X In 2024</a></li>
 <li><a href="https://insidebitcoins.com/news/new-cryptocurrency-releases-listings-presales-today-pepe-unchained-mei-solutions-lexiai-nx-token" rel="noopener noreferrer nofollow">New Cryptocurrency Releases, Listings, &amp; Presales Today – Pepe Unchained, Mei Solutions, LexiAI, Nx Token</a></li>
</ul>

Arbitrum Price Prediction for Today, October 29 – ARB Technical Analysis

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