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 $20,000 : Analyst Reveals Hidden Gems</a></p> 
<h2 class="wp-block-heading" id="h-arb-price-analysis">ARB Price Analysis</h2> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">The view remains unchanged on <a href="https://twitter.com/search?q=%24ARB&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$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>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<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

목차

CoinPedia News

2024년 2월 8일에 게재된 다른 기사

Shiba Inu: Dangerous Scams Targeting SHIB Investors, Crucial Warning Says

Security Firm Issues Warning About WordPress Crypto Widgets

February crypto hotlist: No-brainer cryptos to buy this month

ECB connects recession risks to low borrowing costs

LBank Labs Announces Strategic Investment in Navi Protocol, Joining OKX Ventures, DAO5, and Hashe...

NBA, Mark Cuban Sued Over Voyager Crypto Deal

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!