bullish

2024

Arbitrum

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<p>The Crypto Titan, a top crypto market analyst, has highlighted a potential price surge for <a href="https://captainaltcoin.com/?s=ARB&amp;post_type=post" target="_blank">ARB, Arbitrum’s native token</a>. In a tweet, the analyst suggested accumulating ARB within the $0.88-$1.00 range, citing a flipped demand zone and bullish chart patterns as the basis for this forecast.</p> 
<p>The $ARB weekly chart shared by The Crypto Titan depicts a notable breakout above a long-standing downtrend line. This development indicates a shift in market sentiment from bearish to bullish.&nbsp;</p> 
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   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24ARB&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$ARB</a> (Weekly) <a href="https://twitter.com/search?q=%24ARB&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$ARB</a> looks quite Good<img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f440.png" alt="👀" class="wp-smiley" style="height: 1em; max-height: 1em;">, accumulating <a href="https://twitter.com/search?q=%24ARB&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$ARB</a> on the flipped area would be a Good decision<img src="https://s.w.org/images/core/emoji/15.0.3/72x72/2755.png" alt="❕" class="wp-smiley" style="height: 1em; max-height: 1em;">. <br><br>Because you can see my prediction <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/2705.png" alt="✅" class="wp-smiley" style="height: 1em; max-height: 1em;"> on chart, the area which was acting as a supply area got flipped <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f4c8.png" alt="📈" class="wp-smiley" style="height: 1em; max-height: 1em;"> into the demand area. <br><br>So anticipating 100% pump again from here… <a href="https://t.co/rLvqS2NRvf" target="_blank" rel="nofollow">https://t.co/rLvqS2NRvf</a> <a href="https://t.co/e2SLuFKVB7" target="_blank" rel="nofollow">pic.twitter.com/e2SLuFKVB7</a></p>— The Crypto Titan's (@cryptotitans11) <a href="https://twitter.com/cryptotitans11/status/1866366375523983504?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">December 10, 2024</a>
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<p>The breakout was followed by steady price recovery, with ARB climbing from a foundational zone near $0.50-$0.55. This price zone acted as a key demand area during the recovery phase.&nbsp;</p> 
<p>The token’s current position <a href="https://coinmarketcap.com/currencies/arbitrum/" target="_blank">around $0.9966</a> shows resilience, further supporting the bullish outlook presented by the analyst.</p> 
<h3 class="wp-block-heading" id="strong-flipped-demand-zone-a-key-support-level-strong"><strong>Flipped Demand Zone: A Key Support Level</strong></h3> 
<p>A critical area between $0.88 and $1.00, which once served as a supply zone, has now been flipped into a demand zone. This transition is evident from strong rebounds whenever the price nears this range.&nbsp;</p> 
<p>The flipped demand zone aligns with the analyst’s advice to accumulate ARB at these levels. Above the flipped zone, the next resistance level stands at $1.20.&nbsp;</p> 
<p>Breaking through this resistance is essential for confirming further <a href="https://ambcrypto.com/is-it-time-to-invest-in-arbitrum-evaluating-arbs-125-rally-potential/" target="_blank">upward momentum</a> in the ARB price trajectory.</p> 
<p><strong><em>Read also: </em></strong><a href="https://captainaltcoin.com/heres-why-aave-price-could-skyrocket-to-400/" target="_blank"><strong><em>Here’s Why AAVE Price Could Skyrocket to $400</em></strong></a></p> 
<h3 class="wp-block-heading" id="strong-arb-s-projected-price-surge-to-2-00-2-20-strong"><strong>ARB’s Projected Price Surge to $2.00-$2.20</strong></h3> 
<p>The chart analysis projects a potential price increase of up to 120% from the flipped area. The anticipated target lies within the $2.00-$2.20 range. While a retest of the $0.88-$1.00 zone remains possible, bullish momentum could push ARB toward higher levels.</p> 
<p>A falling wedge pattern, a recognized bullish reversal indicator, further reinforces the prediction. The token’s ability to sustain above key moving averages suggests continued upward strength.</p> 
<p>The tweet emphasizes the accumulation of ARB tokens around the flipped demand zone for favorable long-term returns. This strategy is supported by the bullish technical indicators and the ongoing market structure changes highlighted in the chart.</p> 
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<p>The post <a href="https://captainaltcoin.com/arbitrum-arb-price-patterns-indicate-potential-120-surge-expert-analysis/">Arbitrum (ARB) Price Patterns Indicate Potential 120% Surge – Expert Analysis</a> appeared first on <a href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

Arbitrum (ARB) Price Patterns Indicate Potential 120% Surge – Expert Analysis

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