Bitcoin Cash

Arbitrum

Resistance

Status

Time

<ul> 
 <li><strong>Bullish ARB price prediction for 2024 is $0.9412 to </strong><strong>$1.2609.</strong></li> 
 <li><strong>Arbitrum (ARB) price might reach $3 soon.</strong></li> 
 <li><strong>Bearish (ARB) price prediction for 2024 is </strong><strong>$0.4422.</strong></li> 
</ul> 
<p>In this Arbitrum (ARB)<a href="https://thenewscrypto.com/markets/price-prediction/"> price prediction</a> 2024, 2025, 2026-2030,&nbsp; we will analyze the price patterns of ARB by using accurate trader-friendly technical analysis indicators and predict the future movement of the <a href="https://thenewscrypto.com/tag/cryptocurrency/">cryptocurrency</a>.</p> 
<figure class="wp-block-table aligncenter">
 <table>
  <tbody>
   <tr>
    <td><strong>
      <div align="center">
       TABLE OF CONTENTS
      </div></strong></td>
   </tr>
   <tr>
    <td>
     <div align="center">
      INTRODUCTION
     </div></td>
   </tr>
   <tr>
    <td>
     <ul>
      <li>Arbitrum (ARB) Current Market Status</li>
      <li>What is Arbitrum (ARB)?</li>
      <li>Arbitrum (ARB) 24H Technicals</li>
     </ul></td>
   </tr>
   <tr>
    <td>
     <div align="center">
      ARBITRUM (ARB) PRICE PREDICTION 2024
     </div></td>
   </tr>
   <tr>
    <td>
     <ul>
      <li>Arbitrum (ARB) Support and Resistance Levels</li>
      <li>Arbitrum (ARB) Price Prediction 2024 — RVOL, MA, and RSI</li>
      <li>Arbitrum (ARB) Price Prediction 2024 — ADX, RVI</li>
      <li>Comparison of ARB with BTC, ETH</li>
     </ul></td>
   </tr>
   <tr>
    <td>ARBITRUM (ARB) PRICE PREDICTION 2024, 2025, 2026-2030</td>
   </tr>
   <tr>
    <td>CONCLUSION</td>
   </tr>
   <tr>
    <td>FAQ</td>
   </tr>
  </tbody>
 </table>
</figure> 
<h2 class="wp-block-heading" id="h-arbitrum-arb-current-market-status">Arbitrum (ARB) Current Market Status</h2> 
<figure class="wp-block-table is-style-regular"> 
 <table> 
  <tbody style="box-shadow: 0px 2px 4px rgb(3 4 28 / 50%);"> 
   <tr style="background-color: rgb(2 86 121 / 40%);"> 
    <td style="border: 1px solid #01557b;">Current Price</td> 
    <td style="border: 1px solid #01557b;">$0.7779</td> 
   </tr> 
   <tr>
    <td style="border: 1px solid #01557b;">24 – Hour Price Change</td> 
    <td style="border: 1px solid #01557b;">2.06% Up</td> 
   </tr> 
   <tr style="background-color: rgb(2 86 121 / 40%);"> 
    <td style="border: 1px solid #01557b;">24 – Hour Trading Volume</td> 
    <td style="border: 1px solid #01557b;">$185,539,950</td> 
   </tr> 
   <tr> 
    <td style="border: 1px solid #01557b;">Market Cap</td> 
    <td style="border: 1px solid #01557b;">$2,599,378,504</td> 
   </tr> 
   <tr style="background-color: rgb(2 86 121 / 40%);"> 
    <td style="border: 1px solid #01557b;">Circulating Supply</td> 
    <td style="border: 1px solid #01557b;">3,339,278,542 ARB</td> 
   </tr> 
   <tr>
    <td style="border: 1px solid #01557b;">All – Time High</td> 
    <td style="border: 1px solid #01557b;">$2.39 ( On Jan 12, 2024) &nbsp;</td> 
   </tr> 
   <tr style="background-color: rgb(2 86 121 / 40%);"> 
    <td style="border: 1px solid #01557b;">All – Time Low</td> 
    <td style="border: 1px solid #01557b;">$0.5773 (On July 05, 2024) &nbsp;</td> 
   </tr> 
  </tbody> 
 </table> <em>
  <figcaption class="wp-element-caption" style="text-align: center;">
   ARB Current Market Status (Source: <a href="https://coinmarketcap.com/currencies/arbitrum/" target="_blank" rel="noreferrer noopener nofollow">CoinMarketCap</a>)
  </figcaption></em> 
</figure> 
<h2 class="wp-block-heading" id="what-is-arbitrum-arb">What is Arbitrum (ARB)</h2> 
<figure class="wp-block-table is-style-stripes">
 <table>
  <tbody>
   <tr>
    <td><strong>TICKER</strong></td>
    <td>ARB</td>
   </tr>
   <tr>
    <td><strong>BLOCKCHAIN</strong></td>
    <td>Ethereum</td>
   </tr>
   <tr>
    <td><strong>CATEGORY</strong></td>
    <td>Layer 2 Scaling Solution</td>
   </tr>
   <tr>
    <td><strong>LAUNCHED ON</strong></td>
    <td>August 2021</td>
   </tr>
   <tr>
    <td><strong>UTILITIES</strong></td>
    <td>Governance, security, gas fees &amp; rewards</td>
   </tr>
  </tbody>
 </table>
</figure> 
<p><a href="https://thenewscrypto.com/graph-goes-l2-arbitrum-integration-supercharges-scalability/">Arbitrum </a>is a new layer-2 scaling solution for the Ethereum blockchain developed by a new york based company known as Off-chain labs. Layer-2 scaling solutions are networks which sit on top of layer 1 blockchains to provide cheap and fast transactions. They reduce the congestion on the main<a href="https://thenewscrypto.com/blockchain-news/"> blockchain</a> by validating transactions separately and integrating them into the main chain.&nbsp;&nbsp;</p> 
<p>After its mainnet launch last year, Arbitrum’s scaling solution has seen a lot of success. As a result of this, several developers have used<a href="https://thenewscrypto.com/usdc-revolutionizes-transactions-with-native-integration-on-arbitrum/"> Arbitrum’s solutions</a> to host their dApps. Arbitrum also supports integration with Ethereum Virtual Machine (EVM) making it easy for developers.&nbsp;</p> 
<h3 class="wp-block-heading" id="h-arbitrum-24h-technicals">Arbitrum 24H Technicals</h3> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" width="1024" height="385" src="https://thenewscrypto.com/wp-content/uploads/2024/07/image-104-1024x385.png" alt="" class="wp-image-103771" srcset="https://thenewscrypto.com/wp-content/uploads/2024/07/image-104-1024x385.png 1024w, https://thenewscrypto.com/wp-content/uploads/2024/07/image-104-300x113.png 300w, https://thenewscrypto.com/wp-content/uploads/2024/07/image-104-768x289.png 768w, https://thenewscrypto.com/wp-content/uploads/2024/07/image-104-1536x578.png 1536w, https://thenewscrypto.com/wp-content/uploads/2024/07/image-104.png 1760w" sizes="(max-width: 1024px) 100vw, 1024px">
 </figure>
</div> 
<p class="has-text-align-center"><em>(Source: </em><a href="https://www.tradingview.com/symbols/ARBUSDT/?exchange=BINANCE"><em>TradingView</em></a><em>)</em></p> 
<h2 class="wp-block-heading" id="arbitrum-arb-price-prediction-2024">Arbitrum (ARB) Price Prediction 2024</h2> 
<p>Arbitrum (ARB) ranks 38th on CoinMarketCap in terms of its market capitalization. The overview of the Arbitrum price prediction for 2024 is explained below with a daily time frame.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" src="https://www.tradingview.com/x/bBHDTdS7/" alt="">
 </figure>
</div> 
<p><em>ARB/USDT Descending Channel Pattern (Source: </em><a href="https://www.tradingview.com/symbols/ARBUSDT/?exchange=BINANCE"><em>TradingView</em></a><em>)</em></p> 
<p>In the above chart, Arbitrum (ARB) laid out a descending channel pattern. Descending channel patterns are short-term bearish in that a stock moves lower within a descending channel, but they often form longer-term uptrends as continuation patterns. The descending channel pattern is often followed by higher prices. but only after an upside penetration of the upper trend line. A descending channel is drawn by connecting the lower highs and lower lows of a security’s price with parallel trendlines to show a downward trend.</p> 
<p>Within a descending channel, a trader could make a selling bet when the security price reaches its resistance trendline. An ascending channel is the opposite of a descending channel. Both ascending and descending channels are primary channels followed by technical analysts.</p> 
<p>At the time of analysis, Arbitrum (ARB) was recorded at $0.7779. If the pattern trend continues, then the price of ARB might reach the resistance level of $0.7317, and $1.2634. If the trend reverses, then the price of ARB may fall to the support of $0.5727.</p> 
<h2 class="wp-block-heading" id="arbitrum-arb-resistance-and-support-levels">Arbitrum (ARB) Resistance and Support Levels</h2> 
<p>The chart given below elucidates the possible resistance and support levels of Arbitrum (ARB) in 2024.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" src=" https://www.tradingview.com/x/sMDmLgBO/" alt="">
 </figure>
</div> 
<p><em>ARB/USDT Resistance and Support Levels (Source: </em><a href="https://www.tradingview.com/symbols/ARBUSDT/?exchange=BINANCE"><em>TradingView</em></a><em>)</em></p> 
<p>From the above chart, we can analyze and identify the following as resistance and support levels of Arbitrum (ARB) for 2024.</p> 
<figure class="wp-block-table">
 <table>
  <tbody>
   <tr>
    <td>Resistance Level 1</td>
    <td>$0.9412</td>
   </tr>
   <tr>
    <td>Resistance Level 2</td>
    <td>$1.2609</td>
   </tr>
   <tr>
    <td>Support Level 1</td>
    <td>$0.6166</td>
   </tr>
   <tr>
    <td>Support Level 2</td>
    <td>$0.4477</td>
   </tr>
  </tbody>
 </table>
</figure> 
<p class="has-text-align-center"><em>ARB Resistance &amp; Support Levels</em></p> 
<h2 class="wp-block-heading" id="arbitrum-arb-price-prediction-2024-rvol-ma-and-rsi">Arbitrum (ARB) Price Prediction 2024 — RVOL, MA, and RSI</h2> 
<p>The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of Arbitrum (ARB) are shown in the chart below.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" src="https://www.tradingview.com/x/2SKY1sUc/" alt="">
 </figure>
</div> 
<p><em>ARB/USDT RVOL, MA, RSI (Source: </em><a href="https://www.tradingview.com/symbols/ARBUSDT/?exchange=BINANCE"><em>TradingView</em></a><em>)</em></p> 
<p>From the readings on the chart above, we can make the following inferences regarding the current Arbitrum (ARB) market in 2024.</p> 
<figure class="wp-block-table">
 <table>
  <tbody>
   <tr>
    <td><strong>INDICATOR</strong></td>
    <td><strong>PURPOSE</strong></td>
    <td><strong>READING</strong></td>
    <td><strong>INFERENCE</strong></td>
   </tr>
   <tr>
    <td>50-Day Moving Average (50MA)</td>
    <td>Nature of the current trend by comparing the average price over 50 days</td>
    <td>50 MA = $0.8726Price = $0.7299<br><em>(50MA &gt;&nbsp; Price)</em></td>
    <td>Bearish / Downtrend</td>
   </tr>
   <tr>
    <td>Relative Strength Index (RSI)</td>
    <td>Magnitude of price change;Analyzing oversold &amp; overbought conditions</td>
    <td>44.0965<br><em>&lt;30 = Oversold</em><em><br></em><em>50-70 = Neutral</em><em>&gt;70 = Overbought</em></td>
    <td>Nearly Oversold</td>
   </tr>
   <tr>
    <td>Relative Volume (RVOL)</td>
    <td>Asset’s trading volume in relation to its recent average volumes</td>
    <td>Below cutoff line</td>
    <td>Weak volume</td>
   </tr>
  </tbody>
 </table>
</figure> 
<h2 class="wp-block-heading" id="arbitrum-arb-price-prediction-2024-adx-rvi">Arbitrum (ARB) Price Prediction 2024 — ADX, RVI</h2> 
<p>In the below chart, we analyze the strength and volatility of Arbitrum (ARB) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI).</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" src="https://www.tradingview.com/x/tC9SsaC1/" alt="">
 </figure>
</div> 
<p><em>ARB/USDT ADX, RVI (Source: </em><a href="https://www.tradingview.com/symbols/ARBUSDT/?exchange=BINANCE"><em>TradingView</em></a><em>)</em></p> 
<p>From the readings on the chart above, we can make the following inferences regarding the price momentum of Arbitrum (ARB).</p> 
<figure class="wp-block-table">
 <table>
  <tbody>
   <tr>
    <td><strong>INDICATOR</strong></td>
    <td><strong>PURPOSE</strong></td>
    <td><strong>READING</strong></td>
    <td><strong>INFERENCE</strong></td>
   </tr>
   <tr>
    <td>Average Directional Index (ADX)</td>
    <td>Strength of the trend momentum</td>
    <td>56.2621</td>
    <td>Strong Trend</td>
   </tr>
   <tr>
    <td>Relative Volatility Index (RVI)</td>
    <td>Volatility over a specific period</td>
    <td>69.25<br><em>&lt;50 = Low</em><em><br></em><em>&gt;50 = High</em></td>
    <td>High volatility</td>
   </tr>
  </tbody>
 </table>
</figure>  
<h2 class="wp-block-heading" id="comparison-of-arb-with-btc-eth">Comparison of ARB with BTC, ETH</h2> 
<p>Let us now compare the price movements of Arbitrum (ARB) with that of Bitcoin (BTC), and Ethereum (ETH).</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" src="https://www.tradingview.com/x/v9VRtQSg/" alt="">
 </figure>
</div> 
<p><em>BTC Vs ETH Vs ARB Price Comparison (Source: </em><a href="https://www.tradingview.com/symbols/ARBUSDT/?exchange=BINANCE"><em>TradingView</em></a><em>)</em></p> 
<p>From the above chart, we can interpret that the price action of ARB is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of ARB also increases or decreases respectively.</p> 
<h2 class="wp-block-heading" id="arbitrum-arb-price-prediction-2024-2025-2030">Arbitrum (ARB) Price Prediction 2024, 2025 – 2030</h2> 
<p>With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Arbitrum (ARB) between 2025, 2026, 2027, 2028, 2029, and 2030.</p> 
<figure class="wp-block-table">
 <table>
  <tbody>
   <tr>
    <td><strong>Year&nbsp;</strong></td>
    <td><strong>Bullish Price&nbsp;</strong></td>
    <td><strong>Bearish Price</strong></td>
   </tr>
   <tr>
    <td>Arbitrum (ARB) Price Prediction 2025</td>
    <td>$4</td>
    <td>$0.4</td>
   </tr>
   <tr>
    <td>Arbitrum (ARB) Price Prediction 2026</td>
    <td>$4.5</td>
    <td>$0.35</td>
   </tr>
   <tr>
    <td>Arbitrum (ARB) Price Prediction 2027</td>
    <td>$5.2</td>
    <td>$0.3</td>
   </tr>
   <tr>
    <td>Arbitrum (ARB) Price Prediction 2028</td>
    <td>$6.7</td>
    <td>$0.2</td>
   </tr>
   <tr>
    <td>Arbitrum (ARB) Price Prediction 2029</td>
    <td>$7.5</td>
    <td>$0.1</td>
   </tr>
   <tr>
    <td>Arbitrum (ARB) Price Prediction 2030</td>
    <td>$8.5</td>
    <td>$0.09</td>
   </tr>
  </tbody>
 </table>
</figure> 
<h2 class="wp-block-heading" id="conclusion">Conclusion</h2> 
<p>If Arbitrum (ARB) establishes itself as a good investment in 2024, this year would be favorable to the cryptocurrency. In conclusion, the bullish Arbitrum (ARB) price prediction for 2024 is $1.2609. Comparatively, if unfavorable sentiment is triggered, the bearish Arbitrum (ARB) price prediction for 2024 is $0.4477.</p> 
<p>If the market momentum and investors’ sentiment positively elevate, then Arbitrum (ARB) might hit $3. Furthermore, with future upgrades and advancements in the Arbitrum ecosystem, ARB might surpass its current all-time high (ATH) of $2.39 and mark its new ATH.&nbsp;</p> 
<h2 class="wp-block-heading" id="faq">FAQ</h2> 
<h4 class="wp-block-heading">1. What is Arbitrum (ARB)?</h4> 
<p>Arbitrum is a new layer-2 scaling solution for the Ethereum blockchain developed by a New York-based company known as Off-chain Labs.</p> 
<h4 class="wp-block-heading">2. Where can you purchase Arbitrum (ARB)?</h4> 
<p>Arbitrum&nbsp; (ARB)&nbsp; has been listed on many crypto exchanges, including BlueBit, Binance, UEEx, OKX, and Bybit.</p> 
<h4 class="wp-block-heading">3. Will Arbitrum (ARB) reach a new ATH soon?</h4> 
<p>With the ongoing developments and upgrades within the Arbitrum Platform, ARB has a high possibility of reaching its ATH soon.</p> 
<h4 class="wp-block-heading">4. What is the current all-time high (ATH) of Arbitrum (ARB)?</h4> 
<p>On January 12, 2024, ARB reached its new all-time high (ATH) of $2.39.</p> 
<h4 class="wp-block-heading">5. What is the lowest price of Arbitrum (ARB)?</h4> 
<p>According to CoinMarketCap, ARB hit its all-time low (ATL) of $0.5773 on July 05, 2024.</p> 
<h4 class="wp-block-heading">6. Will Arbitrum (ARB) reach $3?</h4> 
<p>If Arbitrum (ARB) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $3 soon.</p> 
<h4 class="wp-block-heading">7. What will be Arbitrum (ARB)&nbsp; price by 2025?</h4> 
<p>Arbitrum&nbsp; (ARB)&nbsp; price is expected to reach $4 by 2025.</p> 
<h4 class="wp-block-heading">8. What will be Arbitrum (ARB)&nbsp; price by 2026?</h4> 
<p>Arbitrum (ARB) price is expected to reach $4.5 by 2026.</p> 
<h4 class="wp-block-heading">9. What will be Arbitrum (ARB) price by 2027?</h4> 
<p>Arbitrum&nbsp; (ARB)&nbsp; price is expected to reach $5.2 by 2027.&nbsp;&nbsp;</p> 
<h4 class="wp-block-heading">10. What will be Arbitrum (ARB) price by 2027?</h4> 
<p>Arbitrum&nbsp; (ARB)&nbsp; price is expected to reach $6.7 by 2027.&nbsp;&nbsp;</p> 
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<p><em>Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.</em></p>

Arbitrum (ARB) Price Prediction 2024, 2025, 2026-2030

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