Ethereum

2024

Arbitrum

<p>The post <a href="https://coinpedia.org/price-analysis/arbitrum-arb-price-all-set-to-hit-new-ath-predicts-analyst-michael-van-de-poppe/">Arbitrum (ARB) Price All Set To Hit New ATH – Predicts Analyst Michaël van de Poppe</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p><a href="https://coinpedia.org/beginners-guide/what-is-arbitrum-blockchain/" target="_blank" rel="noreferrer noopener">Arbitrum (ARB) network</a>, the leading layer-two (L2) scaling solution on the Ethereum ecosystem with more than $2.66 billion in Total Value Locked (TVL), has been preparing to enter the parabolic phase of the bull market in the past few weeks. The mid-cap utility altcoin has rebounded on the daily 50 Moving Average (MA) after being trapped in a market correction phase in the last three weeks. </p> 
<p>Additionally, <a href="https://coinpedia.org/price-prediction/arbitrum-arb-price-prediction/" target="_blank" rel="noreferrer noopener">ARB price</a> on the daily time frame has broken out of a falling logarithmic trend, and a consistent close above the support range between $1.72 and&nbsp; $1.83 will guarantee a continued bullish outlook in the coming weeks.</p> 
<p> As a result, it is safe to assume the Arbitrum bulls are in control and a new all-time high (ATH) will be reached in the near term.</p> 
<h2 class="wp-block-heading" id="h-arbitrum-network-facilitates-mass-adoption-of-ethereum-smart-contracts">Arbitrum Network Facilitates Mass Adoption of Ethereum Smart Contracts</h2> 
<p>Despite being in the market for less than two years, the Arbitrum network has recently been making huge waves in the web3 industry. Most top-tier web3 projects on the Ethereum network – including Uniswap, GMX, Balancer, and Hyperliquid, among others – have launched on the Arbitrum network to access more global users at scale. </p> 
<p>Furthermore, the Arbitrum network is backed by reputable web3 venture capitalists led by Offchain Labs, Pantera Capital, and Polychain Capital, among many others.&nbsp;&nbsp;</p> 
<p>Also Read: <a href="https://coinpedia.org/price-analysis/this-new-altcoin-can-turn-1000-to-20000-analyst-reveals-hidden-gems/">This New Altcoin Can Turn $1,000 to $20,000 : Analyst Reveals Hidden Gems</a></p> 
<h2 class="wp-block-heading" id="h-arb-price-analysis">ARB Price Analysis</h2> 
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   <p lang="en" dir="ltr">The view remains unchanged on <a href="https://twitter.com/search?q=%24ARB&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ARB</a>. <br><br>Had a correction of 35% and is consolidating. Overall, every correction between 20-60% is one to get yourself interested into an asset.<br><br>I think <a href="https://twitter.com/search?q=%24ARB&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ARB</a> is going to do well after Ethereum picks up pace. <a href="https://t.co/g9TrNh8U4w">pic.twitter.com/g9TrNh8U4w</a></p>— Michaël van de Poppe (@CryptoMichNL) <a href="https://twitter.com/CryptoMichNL/status/1755194948096237797?ref_src=twsrc%5Etfw">February 7, 2024</a>
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<p>According to a popular crypto analyst based in The Netherlands, Michaël van de Poppe, ARB price is well positioned for a renewed upsurge after completing a 35 percent market correction. However, Poppe expects the ARB price to generate bullish sentiment after the Ethereum price rebounds from the ongoing market correction.</p>

Arbitrum (ARB) Price All Set To Hit New ATH – Predicts Analyst Michaël van de Poppe

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