Life and death battle in Arbitrum (ARB): These levels are very critical!

ARB, one of the favorite cryptocurrencies of crypto investors, has been in a downward trend for a long time. ARB, which is currently trying to maintain a critical support level, is trading in the 0.96 band. If the Tier-2 trend begins, Bitcoin rises above $65,000, or Bitcoin dominance declines, an upward move may begin for the popular coin.

In such a scenario, resistance levels would be 1.2338 – 1.4588 – 1.6414 – 1.70 – 1.80 – 2.1069 – 2.2767 – 2.4240 dollars respectively. Breaking ATH will be the harbinger of the bull season for the parity.

Factors such as Layer-2s remaining silent compared to other trends, the realization of large lock openings, the decline of #BTC or the increase in BTC dominance will naturally create selling pressure on ARB. In such a scenario, there may be a drop to the range of $0.8029 – $0.7319. Losing these levels, which are a very critical area for parity, will bring about new sales waves.

#ARB investors should pay attention to the developments and news flow in the ecosystem during this period. Arbitrum, which has a good performance in terms of active users, can gain momentum if it maintains the same momentum.