Aave

Arbitrum

Bitcoin

Toncoin

Chainlink

<div class="coinjournal"> 
 <ul> 
 <li dir="ltr">Arbitrum (ARB) price rose 9% this past week, trading to above $0.86.</li> 
 <li dir="ltr">Meanwhile, Toncoin (TON), Chainlink (LINK) and Aave (AAVE) saw double digit gains.</li> 
 <li dir="ltr">What next for ARB?</li> 
 </ul> 
 Arbitrum (ARB) is trading higher over the 24-hour timeframe, holding off bears around $0.84 with nearly 3% upside. Over the week, the cryptocurrency’s value is up 9%. That makes ARB among the top <a rel="noopener noreferrer nofollow" title="gainers" href="https://thebittimes.com/tag/gainers.html">gainers</a> this past week, with Toncoin (TON), Chainlink (LINK), ImmutableX (IMX) and Aave (AAVE) posting double digit gains to lead the top 50 coins by market cap.&nbsp; 
 With Bitcoin looking to reclaim some joy above $26,600 and most altcoins showing resilience, could ARB break higher to target $1.00? Data shows the altcoin last traded at the psychological level on August 23. 
 <h2 dir="ltr" id="whale-activity-and-recent-arb-price">Whale activity and recent ARB price</h2> 
 Arbitrum’s native token slipped to $0.74 on September 11, mirroring the broader market performance that also had Bitcoin sliding to below $25k. A nice uptick for ARB/USD had buyers poised at $0.90 on September 19 before widespread weakness had them revisit support around $0.80. 
 The positive <a rel="noopener noreferrer nofollow" title="outlook" href="https://thebittimes.com/tag/outlook.html">outlook</a> shows amid the latest bullish signals from whale activity and the crowd. According to data shared by on-chain analytics platform Lookonchain, one whale pointed to this perspective on Thursday with a 1.15 million ARB transfer from Binance. The value of the transaction was $952,000 at the time. 
 “This whale lost money on $ARB but seems still very bullish on $ARB, withdrawing 1.15M $ARB ($952K) again from #Binance in the past 2 days. The whale was long $ARB on #Aave on July 23, and as the <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> of $ARB decreased, he had to sell $ARB at a loss to pay off debt on Sept 11,” Lookonchain&nbsp;posted on X. 
 <div class="fr-img-space-wrap"> <img decoding="async" src="https://cdn.thebittimes.com/images/2023/09/22/f6a9623de851cff7bc163bbb93b6a547.webp" style="width: 100%" class="fr-fic fr-dib" width="600" height="260">ARB <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> chart on&nbsp;TradingView 
 The <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> currently sits below the middle band of a rising channel on the 4-hour chart, with the 20-day EMA acting as support. The 4-hour RSI is also suggesting further resilience as it holds above the 50 mark. 
 </div> 
 If ARB breaks past the channel’s middle line (also where a key horizontal support-turned resistance line resides), at $0.87, bulls might target the supply zone above September highs. A demand reload zone could be around $0.74. 
</div> 
Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/arbitrum-among-top-gainers-with-9-here-s-the-arb-price-outlook-tbt63705.html">https://thebittimes.com/arbitrum-among-top-gainers-with-9-here-s-the-arb-price-outlook-tbt63705.html</a>

Arbitrum among top gainers with 9%: Here’s the ARB price outlook

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